Fairfax Financial Holdings Limited announces that, following receipt of all regulatory approvals, its RiverStone runoff subsidiary has completed the previously announced acquisition of all the outstanding shares of Brit Insurance Limited of London, England from Brit Group.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-10-12 10:00:502023-06-01 14:55:59Fairfax Announces Completion of Acquisition of Brit Insurance Limited
Fairfax Financial Holdings Limited announces that Cunningham Lindsey Group Limited has entered into a merger agreement pursuant to which Fairfax will effectively sell its interest in Cunningham Lindsey for proceeds of approximately $260 million, subject to closing adjustments.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-10-01 14:58:202023-06-01 14:59:36Fairfax Announces Disposition of Its Interest in Cunningham Lindsey Group Limited
Fairfax Financial Holdings Limited announces that it intends to make a Normal Course Issuer Bid, subject to regulatory approval, for up to 800,000 of its subordinate voting shares through the facilities of the Toronto Stock Exchange (the “TSX”). Purchases will be made in accordance with the rules and policies of the TSX and shares purchased will be cancelled.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-09-24 15:07:542023-06-01 15:09:05Intention to Make a Normal Course Issuer Bid
Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announced today that it has acquired directly or through its subsidiaries 2,500,000 common shares of Imvescor Restaurant Group Inc. (TSX:IRG) (“Imvescor”) at a price of $0.85 per share, bringing its total holdings in Imvescor to 8,199,309 shares or approximately 19.5% of the total common shares outstanding.
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) 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.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-09-04 15:10:112023-06-26 16:52:22Fairfax Announces Quarterly Dividend on Series C, Series E, Series G, Series I and Series K Preferred Shares
Fairfax Financial Holdings Limited announces that in continuation of its practice of encouraging management evolution in the best interests of Fairfax and its officers, effective August 1, 2012 John Varnell will become Vice President, Corporate Development, while continuing to assist as Fairfax’s liaison with the financial community.
Fairfax Financial Holdings Limited announces net earnings of $95.0 million in the second quarter of 2012 ($3.85 per diluted share) compared to net earnings of $83.3 million in the second quarter of 2011 ($3.40 per diluted share), reflecting improved underwriting results (with a consolidated combined ratio of 97.5%) and lower losses on repurchase of long term debt, partially offset by lower interest and dividend income, lower net investment gains and higher income tax expense.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, July 27, 2012 to discuss its 2012 second quarter results which will be announced after the close of markets on Thursday, July 26 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announces that its RiverStone runoff subsidiary has entered into an agreement with Brit Group to purchase all the outstanding shares of Brit Insurance Limited (BIL) of London, England, which wrote UK domestic, as well as some international, insurance and reinsurance before being placed into runoff earlier this year. The transaction, which is subject to customary conditions including regulatory approval, is expected to close in the fourth quarter of 2012.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-06-18 10:58:082023-06-02 10:59:37Fairfax Announces Agreement With Brit Group to Acquire Brit Insurance Limited
Fairfax Announces Completion of Acquisition of Brit Insurance Limited
Fairfax Financial Holdings Limited announces that, following receipt of all regulatory approvals, its RiverStone runoff subsidiary has completed the previously announced acquisition of all the outstanding shares of Brit Insurance Limited of London, England from Brit Group.
Fairfax Launches $200 Million Senior Notes Offering
Fairfax Financial Holdings Limited announces that it intends to offer $200 million in aggregate principal amount of 5.84% Senior Notes due 2022.
Fairfax Announces Disposition of Its Interest in Cunningham Lindsey Group Limited
Fairfax Financial Holdings Limited announces that Cunningham Lindsey Group Limited has entered into a merger agreement pursuant to which Fairfax will effectively sell its interest in Cunningham Lindsey for proceeds of approximately $260 million, subject to closing adjustments.
Intention to Make a Normal Course Issuer Bid
Fairfax Financial Holdings Limited announces that it intends to make a Normal Course Issuer Bid, subject to regulatory approval, for up to 800,000 of its subordinate voting shares through the facilities of the Toronto Stock Exchange (the “TSX”). Purchases will be made in accordance with the rules and policies of the TSX and shares purchased will be cancelled.
Fairfax Announces Acquisition of Additional Imvescor Shares
Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announced today that it has acquired directly or through its subsidiaries 2,500,000 common shares of Imvescor Restaurant Group Inc. (TSX:IRG) (“Imvescor”) at a price of $0.85 per share, bringing its total holdings in Imvescor to 8,199,309 shares or approximately 19.5% of the total common shares outstanding.
Fairfax Announces Quarterly Dividend on Series C, Series E, Series G, Series I and Series K Preferred Shares
Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) 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.
Executive Announcements
Fairfax Financial Holdings Limited announces that in continuation of its practice of encouraging management evolution in the best interests of Fairfax and its officers, effective August 1, 2012 John Varnell will become Vice President, Corporate Development, while continuing to assist as Fairfax’s liaison with the financial community.
Fairfax Financial Holdings Limited: Second Quarter Financial Results
Fairfax Financial Holdings Limited announces net earnings of $95.0 million in the second quarter of 2012 ($3.85 per diluted share) compared to net earnings of $83.3 million in the second quarter of 2011 ($3.40 per diluted share), reflecting improved underwriting results (with a consolidated combined ratio of 97.5%) and lower losses on repurchase of long term debt, partially offset by lower interest and dividend income, lower net investment gains and higher income tax expense.
Fairfax Announces Conference Call
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, July 27, 2012 to discuss its 2012 second quarter results which will be announced after the close of markets on Thursday, July 26 and will be available at that time on its website www.fairfax.ca.
Fairfax Announces Agreement With Brit Group to Acquire Brit Insurance Limited
Fairfax Financial Holdings Limited announces that its RiverStone runoff subsidiary has entered into an agreement with Brit Group to purchase all the outstanding shares of Brit Insurance Limited (BIL) of London, England, which wrote UK domestic, as well as some international, insurance and reinsurance before being placed into runoff earlier this year. The transaction, which is subject to customary conditions including regulatory approval, is expected to close in the fourth quarter of 2012.