Form with which the stockholders of a corporation record the contents of their annual meeting.
Form with which the stockholders of a corporation record the contents of their annual meeting.
Fairfax India was founded in 2014 by V. Prem Watsa and is headquartered in Toronto, Canada. Its common shares are listed on the Toronto Stock Exchange under the symbol “FIH. U”.
Fairfax Financial Holdings Ltd/ Can's top holdings are Occidental Petroleum Corporation (US:OXY) , Orla Mining Ltd. (US:ORLA) , Kennedy-Wilson Holdings, Inc. (US:KW) , BlackBerry Limited (US:BB) , and Under Armour, Inc. (US:UAA) .
Prem Watsa acquires control of Fairfax (then named Markel Financial, which owned a Canadian trucking insurer that today is part of Northbridge Insurance).
Fairfax Financial Holdings annual revenue for 2023 was $9.375B, a 102.39% increase. Fairfax Financial Holdings annual revenue for 2022 was $4.632B, a 82.5% decline from 2021. Fairfax Financial Holdings annual revenue for 2021 was $26.468B, a 33.71% increase from 2020.
For Q3 2024, Fairfax stock reported net gains on investments totalling over $1.3 billion, driven by solid returns in both bonds and equity markets. Despite broader market volatility, Fairfax's investments generated significant returns. These were complemented by strong premium growth in its insurance businesses.
01Ratings RatingActionDate BBB+ Affirmed 30-Apr-2024