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Watsa, directly, and indirectly through 1109519 Ontario Limited, The Sixty Two Investment Company Limited and 810679 Ontario Ltd., owns the controlling equity voting interest of Fairfax Financial Holdings Limited ("Fairfax"). [7] He owns roughly 10% of Fairfax, which accounts for 99% of his personal wealth.
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.
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]
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 ...
A.M. Best Assigns Debt Rating to Fairfax Financial Holdings Ltd.'s Forthcoming Senior Notes OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has assigned a debt rating of "bbb" to the forthcoming ...
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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.
The company owns Boat Rocker Studios, which incorporates Temple Street Productions. Its majority shareholder is Fairfax Financial . Boat Rocker is led by co-executive chairs David Fortier and Ivan Schneeberg and CEO John Young.