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Fairfax Financial Holdings Limited is a Canadian ... Fairfax owns 64% of BIAL and in the midst of purchasing additional 10% ... (ICICI Financial Services Ltd.) for ...
In 1987, Markel reorganized Markel Financial Holdings (Canada) and renamed it Fairfax Financial Holdings Ltd., short for "fair, friendly acquisitions." [3] In December 1987, Markel Corp. acquired half of Shand Morahan & Company, an underwriter in Deerfield, Illinois. [11] In December 1990, Markel completed its acquisition of Shand.
It is a wholly owned subsidiary of Fairfax Financial, a financial services holding company. OdysseyRe operates through four divisions: Americas, EuroAsia, London Market and US Insurance. OdysseyRe offers a range of property, casualty, surety and credit, marine and energy, aviation and space reinsurance products from offices around the world.
A.M. Best Affirms Ratings of Fairfax Financial Holdings Limited and Its Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and the ...
Watsa resigned in August 2013, but kept his investment in the company. On 23 September 2013, BlackBerry announced that it had signed a letter of intent to be acquired by Fairfax Financial Holdings in a $4.7 billion deal. [14] Fairfax Financial Holdings is "the largest insurer of the for-profit bail industry in the U.S." [15]
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In 2010, Fairfax Financial agreed to buy Zenith in a deal that valued the company at around $1.3 billion US. [2] [6] The deal was negotiated by Fairfax CEO Prem Watsa. [4] A group of Zenith shareholders sought to prevent the sale by going to court, but a court dismissed their claims on April 22, 2010. [4]
Northbridge Financial Corporation is a financial services holding company that, through its operating subsidiaries, is engaged in property and casualty insurance in Canada and in selected US and international markets. [6] Northbridge is a wholly owned subsidiary of Fairfax Financial Holdings Ltd. [7]