Fairfax Financial Holdings Limited announces net earnings of $1.3 million in the third quarter of 2016 ($0.42 net loss per diluted share after payment of preferred share dividends) compared to net earnings of $424.8 million in the third quarter of 2015 ($18.16 net earnings per diluted share after payment of preferred share dividends), reflecting strong operating income offset by net losses on investments.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 4, 2016 to discuss its 2016 third quarter results which will be announced after the close of markets on Thursday, November 3 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announced today that it has entered into an agreement to acquire insurance operations from American International Group, Inc. (NYSE:AIG) in Argentina, Chile, Colombia, Uruguay, Venezuela and Turkey.
Fairfax Financial Holdings Limited announces today that the Toronto Stock Exchange accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares, Cumulative 5-Year Rate Reset Preferred Shares, Series C , Cumulative Floating Rate Preferred Shares, Series D , Cumulative 5-Year Rate Reset Preferred Shares, Series E (“Series E Shares”), Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5-Year Rate Reset Preferred Shares, Series G, Cumulative Floating Rate Preferred Shares, Series H, Cumulative 5-Year Rate Reset Preferred Shares, Series I, Cumulative Floating Rate Preferred Shares, Series J , Cumulative 5-Year Rate Reset Preferred Shares, Series K and Cumulative 5-Year Rate Reset Preferred Shares, Series M through the facilities of the TSX (or other alternative Canadian trading systems).
Fairfax Financial Holdings Limited announces that it has declared the quarterly dividends per share on its preferred shares.
Fairfax Financial Holdings Limited announced today that it has acquired, through certain of its subsidiaries, a total of 3,539,400 Class B non-voting shares of Torstar Corporation, representing approximately 4.9% of the issued and outstanding Class B Shares, bringing Fairfax’s total holdings in Torstar to 19,439,050 Class B Shares or approximately 27.4% of the total Class B Shares outstanding.
Fairfax Financial Holdings Limited announces net earnings of $238.7 million in the second quarter of 2016 ($9.58 net earnings per diluted share after payment of preferred share dividends) compared to a net loss of $185.7 million in the second quarter of 2015 ($8.87 net loss per diluted share after payment of preferred share dividends), reflecting a net gain on investments, partially offset by a provision for (rather than a recovery of) income taxes, a lower share of profit of associates and a lower underwriting profit primarily as a result of catastrophe losses.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, July 29, 2016 to discuss its 2016 second quarter results which will be announced after the close of markets on Thursday, July 28 and will be available at that time on its website: www.fairfax.ca.
Fairfax Financial Holdings Limited announced today that it has entered into an agreement with Zurich Insurance Company Ltd to acquire 100% of its South African and Botswana operations, Zurich Insurance Company South Africa Limited (“ZICSA”).
Fairfax Financial Holdings Limited announced today that it has, through its wholly-owned subsidiary, Fairfax Asia Limited, entered into an agreement with PT Paninvest Tbk and its affiliates (collectively, the “Panin Group”) to acquire an 80% interest in PT Asuransi Multi Artha Guna Tbk (“AMAG”), an Indonesian insurer.