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16 February 2024Insurance

Fairfax CEO touts historic year amid asset manipulation accusations

Prem Watsa, chairman and CEO of Fairfax Financial Holdings, which this week batted back claims from an investment firm that it was manipulating asset values, declared today that “2023 was the best year in our history”, as it achieved record adjusted operating profit of $3.9 billion from its property and casualty re/insurance operations.

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