Fairfax profits shrink due to $308mn COVID-19 hit and Brit

Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, posted a fall in profits for the second quarter and first half of 2020 driven by $308 million COVID-19 losses and 114.9 percent combined ratio of its subsidiary Brit.

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Fairfax Financial Holdings, 2020 results, GWP, Insurance, Reinsurance, Property & Casualty, Canada, Prem Watsa, North America

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