Company
Fairfax Financial Holdings Limited
Headquarters: Toronto, ON, Canada
Founded: 1951
Employees: 15,891
CEO: Mr. V. Prem Watsa
Market Cap
C$44.92 Billion
CAD as of Jan. 1, 2025
US$31.23 Billion
Fairfax Financial Holdings Limited Categories
Canada Financials Insurance—Property & CasualtyCanada Financials Canada Insurance—Property & Casualty
Company Description
Fairfax Financial Holdings Limited is a financial holding. Its activities include property and casualty insurance and reinsurance, investment management, and insurance claims management. Primarily engaged through its subsidiaries, the company operates in the United States, Canada, Asia, and internationally.
Top Competitors by Market Capitalization
Industry: Insurance—Property & Casualty
| Company | Market Cap (USD) |
|---|---|
| The Progressive Corporation | $140.31 B |
| Chubb Limited | $107.43 B |
| Tokio Marine Holdings, Inc. | $70.38 B |
| The Travelers Companies, Inc. | $54.73 B |
| The Allstate Corporation | $49.05 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $991.39 B |
| JPMorgan | $744.02 B |
| Visa | $635.57 B |
| Mastercard | $490.32 B |
| Bank of America | $353.07 B |
Detailed Description
Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it retails home improvement goods, toys and baby products, golf equipment, sports apparel and accessories, housewares and home décors, and tableware and gifts; invests in retail business; and owns and operates holiday resorts. Further, the company provides integrated travel and travel-related financial services; originates, processes, and distributes pulses and staple foods; creates, produces, and distributes entertainment content; and provision of pet medical insurance and database services, as well as media and marketing solutions. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | C$25.80 B |
| EBITDA | C$None |
| Gross Profit TTM | C$0 |
| Profit Margin | 11.86% |
| Operating Margin | 18.09% |
| Quarterly Revenue Growth | 10.20% |
Stocks & Indices
Fairfax Financial Holdings Limited has the following listings and related stock indices.
Stock: TSX: FFH wb_incandescent
Stock: FSX: FFX wb_incandescent
Stock: TSX: FFH.PR.C wb_incandescent
Stock: TSX: FFH.PR.D wb_incandescent
Stock: TSX: FFH.PR.E wb_incandescent
Stock: TSX: FFH.PR.F wb_incandescent
Stock: TSX: FFH.PR.G wb_incandescent
Stock: TSX: FFH.PR.H wb_incandescent
Stock: TSX: FFH.PR.I wb_incandescent
Stock: TSX: FFH.PR.J wb_incandescent
Stock: TSX: FFH.PR.K wb_incandescent
Stock: TSX: FFH.PR.M wb_incandescent
Product & Services
Property and casualty insurance
Key People
V. Prem Watsa (Chairman & CEO)