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1 through 20 of 23 matching documents, best matches first.   Sort by date

Fairfax Financial Names Insurance Group President
Fairfax Financial Holdings Ltd. named Brian Young to succeed Andrew Barnard as president of Fairfax Insurance Group, effective Jan.1. Barnard, who has held this position since ...
Source: BestWire   Date: January 3, 2025
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Lloyd's Launches Canada Investment Fund With Brit as Cornerstone Investor
Fiera Capital (UK) Ltd. to manage the new fund following a due diligence and approval process. "We remain committed to further expanding the range of tailored solutions available ...
Source: BestWire   Date: June 27, 2024
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Crum & Forster’s Accident & Health Division Names Chief Financial Officer
September 2021, Crum & Forster named Daniel L. Sussman as president of its credit insurance division (BestWire, Sept. 8, 2021). Underwriting entities of Crum & Forster have current ...
Source: BestWire   Date: October 25, 2023
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Fairfax Financial Holdings Names Long-Time Employee President of Fairfax
Fairfax Financial Holdings Ltd. has named Peter Clarke as president of Fairfax. Clarke has held the positions of vice president, chief operating officer, chief risk officer and ...
Source: BestWire   Date: February 11, 2022
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Fairfax Completes Odyssey Group Stake Sale to Institutional Investors
Fairfax Financial Holdings Ltd. has announced that it has completed a previously announced transaction involving Fairfax's subsidiary Odyssey Group Holdings Inc., through a new ...
Source: BestWire   Date: December 16, 2021
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Fairfax Completes Sale of 14% of Brit Insurance to OMERS
Fairfax Financial Holdings Ltd. said it completed a transaction in which OMERS, the pension plan for Ontario's municipal employees, will acquire an approximate 14% interest in ...
Source: BestWire   Date: August 30, 2021
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AM Best Affirms Credit Ratings of Brit Reinsurance (Bermuda) Limited
Limited (Brit Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Brit Re's balance sheet strength, which AM Best categorizes as very ...
Source: BestWire   Date: October 16, 2020
Fairfax, Blackstone Provide $500 Million to Back Lloyd’s Digital Syndicate Ki
Fairfax affiliate Brit Insurance in a statement. Ki, described by Brit as a "newly formed follow-only digital business," will write risks beginning in January 2021 using an ...
Source: BestWire   Date: September 17, 2020
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Brit Renews Versutus Vehicle, Expands 2019 Managed Capacity
Sussex Capital UK PCC Ltd. in November 2018, enhancing Brit's Sussex Capital platform that was originally launched in Bermuda on Jan. 1, 2018. At the time of the Sussex launch, ...
Source: BestWire   Date: February 25, 2019
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Commercial Lines Insurtech Managing General Agent Corvus Gets $10 Million in Funding
Insurtech managing general agent Corvus Insurance Holdings Ltd. said it received a $10 million investment along with funding from a previous investor. The Series A investment led ...
Source: BestWire   Date: November 28, 2018
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Brit Launches Multi-Arrangement Insurance Special Purpose Vehicle Sussex Capital UK
Sussex Capital UK PCC Ltd., described by the insurer and reinsurer as a multi-arrangement insurance special purpose vehicle. Sussex Capital UK is the first "transformer vehicle" to ...
Source: BestWire   Date: November 19, 2018
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Ireland’s FBD to Buy and Cancel US$80.9 Million in Debt Held by Fairfax Financial
Fiona Muldoon, chief executive officer of FBD, in a statement. "It avoids any dilution of their existing shareholdings and ensures that FBD continues to maintain a very strong ...
Source: BestWire   Date: October 2, 2018
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Fairfax, Ontario Pension Plan Confirm $1 Billion Investment in Allied World Acquisition
Fairfax Financial Holdings Ltd. and OMERS, the pension plan for municipal employees in Ontario, Canada, entered into an agreement that would see OMERS invest US$1 billion to ...
Source: BestWire   Date: January 27, 2017
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Fairfax Financial Creating Subsidiary to Invest in African Businesses
Fairfax Financial Holdings Ltd. will sell shares in a new subsidiary that will invest in African businesses, continuing its global reach. The creation of Fairfax Africa Holdings ...
Source: BestWire   Date: December 28, 2016
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Fairfax Invests US$78.2 Million in Irish Nonlife Insurer FBD
Fairfax Financial Holdings Ltd. through which Fairfax will invest €70 million (US$79.2 million) in FBD through a private placement of a convertible bond. The transaction will be ...
Source: BestWire   Date: September 17, 2015
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Fairfax Financial's 1Q Profit Drops Nearly 70% as CEO Cites 'Global Deflationary Environment'
Fairfax Financial Holdings Ltd.'s first-quarter 2015 profit dropped nearly 70%. Net earnings fell to $236.1 million. Fairfax recorded $169.6 million in losses on equity hedges in ...
Source: BestWire   Date: May 1, 2015
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Canada's Fairfax Acquires 15% Stake in China's Alltrust Insurance
India through a domestic joint venture, ICICI Lombard General Insurance. Alltrust's chairman, Henry Du, said Fairfax and its businesses, as well as a wealth of insurance and ...
Source: BestWire   Date: September 2, 2009
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Fairfax Eliminates Hedges on Equity Portfolio Investments
Odyssey Re with economic hedges in recent challenging economic times. Moreover, Odyssey Re's total investments and cash holdings of approximately $8 billion include $2.5 billion of ...
Source: BestWire   Date: November 21, 2008
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Canadian Insurer Fairfax Profits From Credit Crunch
Fairfax Financial Holdings Ltd.'s fourth-quarter profit more than tripled to US$563.6 million. Revenues for the quarter were $2.4 billion, an increase of 46.9% over the same period ...
Source: BestWire   Date: February 22, 2008
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Man Allegedly Involved in Fairfax Harassment Arrested in Unrelated Wire Fraud Case
According to a spokesperson in the U.S. attorney's office for the Southern District of New York, Contogouris was scheduled to appear before a judge Nov. 14 on charges that he ...
Source: BestWire   Date: November 15, 2006
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