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.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Narrowing protection gap will require insurers to innovate, be creative & partner

16 September 2026 Tech alone won’t close gaps; trust, safeguards and people-centred design are key, says president of the Global Federation of Insurance Associations.

Insurance

Asia-Pacific insurance is defined by industry, not geography, says HDI Global lead

16 September 2026 Regional success relies on building long-term relationships based on trust.

Insurance

Insurance boardroom pay rose by 6.5% last year, says EY

15 September 2026 But non-executive pay in a European insurer boardroom still lags behind wider financial services average.