Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $734.4 million ($28.80 net earnings per diluted share after payment of preferred share dividends) in the second quarter of 2023 compared to a net loss of $32.0 million ($1.83 net loss per diluted share after payment of preferred share dividends) in the second quarter of 2022. Book value per basic share at June 30, 2023 was $834.28 compared to $762.28 at December 31, 2022 (an increase of 10.8% adjusted for the $10 per common share dividend paid in the first quarter of 2023).
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, August 4, 2023 to discuss its 2023 second quarter results, which will be announced after the close of markets on Thursday, August 3, 2023 and will be available at that time on its website at www.fairfax.ca.
Fairfax Financial Holdings Limited is pleased to announce that it has agreed with Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson”) (NYSE:KW) that, through certain of its subsidiaries (collectively, “Fairfax”), it will acquire an interest of approximately 95% in certain of the real estate construction loans (collectively, the “Loans”) that Kennedy Wilson has agreed to acquire from Pacific Western Bank (the “Transaction”), a bank holding company headquartered in California.
Fairfax Financial Holdings Limited announces that it has declared the quarterly dividends per share on its preferred shares.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $1,250.0 million ($49.38 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2023 compared to net earnings of $588.7 million ($22.67 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2022.
Amynta Group, Brit Ltd (“Brit”), a subsidiary of Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), and Fairfax announce the successful completion of the previously announced acquisition of Ambridge Group from Brit for a purchase price of $400 million.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 12, 2023 to discuss its 2023 first quarter results, which will be announced after the close of markets on Thursday, May 11, 2023 and will be available at that time on its website at www.fairfax.ca.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) is pleased to announce the results of the vote on Directors at its April 20, 2023 Annual Shareholders’ Meeting.
Fairfax Financial Holdings Limited (“FFHL”) (TSX:FFH and TSX:FFH.U) and Kuwait Projects Company (Holding) K.S.C.P. (“KIPCO”) (KW: KPRO) are pleased to announce that they have entered into an agreement pursuant to which certain affiliates of FFHL will acquire all of the shares of Gulf Insurance Group K.S.C.P. under the control of KIPCO and certain of its affiliates, representing approximately 46.32% of the equity of GIG.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces its preliminary, not finalized, unaudited estimate of the effect of IFRS 17, the new accounting standard which was required to be adopted on January 1, 2023 for insurance contracts, on common shareholders’ equity as at December 31, 2022.