Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, August 2, 2013 to discuss its 2013 second quarter results which will be announced after the close of markets on Thursday, August 1 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited is pleased to announce that Paul Rivett has been appointed President of Fairfax.
Fairfax Financial Holdings Limited announces the completion of the previously announced agreement with Hartville Group, Inc. of Canton, Ohio, as a result of which Hartville has become a wholly-owned subsidiary of Crum & Forster’s United States Fire Insurance Company, joining the Accident & Health division of Crum & Forster’s Fairmont Specialty operation.
Fairfax Financial Holdings Limited and American Safety Insurance Holdings, Ltd. (NYSE:ASI) today announced that Fairfax and American Safety have entered into a merger agreement pursuant to which Fairfax will acquire all of the outstanding shares of American Safety common stock. American Safety stockholders will receive $29.25 per share in cash, representing an aggregate transaction value of approximately $306 million.
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares and C$0.3125 per share on its Series K Preferred Shares.
Fairfax Financial Holdings Limited announces the signing of a merger agreement with Hartville Group, Inc., of Canton, Ohio, pursuant to which Hartville will become wholly-owned by Crum & Forster’s United States Fire Insurance Company. The transaction, which is subject to customary conditions including regulatory approval, is expected to close early in the third quarter of 2013.
Fairfax Financial Holdings Limited announces net earnings of $161.6 million in the first quarter of 2013 ($7.12 per diluted share after payment of preferred share dividends) compared to a net loss of $2.6 million in the first quarter of 2012 ($0.76 net loss per diluted share after payment of preferred share dividends), primarily reflecting strong underwriting results and also an income tax recovery resulting from non-taxable investment income, tax rate differences and the utilization of losses and timing differences that were not previously recognized.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 3, 2013 to discuss its 2013 first quarter results which will be announced after the close of markets on Thursday, May 2 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited is pleased to announce the results of the vote on Directors at its April 11, 2013 Annual Shareholders’ Meeting. Issuers listed on the Toronto Stock Exchange are required to issue a news release providing this information.
Fairfax Financial Holdings Limited announces the signing of an agreement with GMP Securities L.P. (“GMP”), for GMP’s purchase from Fairfax of 9,897,509 common shares and 16,334,000 common share purchase warrants of Imvescor Restaurant Group Inc., representing 23.6% of the common shares of Imvescor on a non-diluted basis and 45.0% of the common shares of Imvescor if the warrants being sold were exercised.