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Fairfax losses fueled by poor investment results


Fairfax Financial Holdings has reported a net loss of $51.0 million in the first quarter of 2016, compared to net earnings of $225.2 million in the first quarter of 2015, reflecting a net loss on investments, partially offset by a lower provision for income taxes and increased interest and dividend income.

Fairfax Financial Holdings, First Quarter 2016 Results, Prem Watsa, Insurance, Reinsurance, Canada

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