15-04-2020
Canada-based property and casualty re/insurance conglomerate Fairfax Financial Holdings is expecting a net loss of approximately $1.4 billion in the first quarter of 2020 due to the COVID-19 pandemic, with nearly $1.5 billion net loss on investments reversing its net gains on investments in 2019.
To continue reading, you need a subscription to Intelligent Insurer.
If you have already subscribed please login.
If you have any technical issues please contact support.
Fairfax, Loss, Results 2020, Q1, Insurance, Reinsurance, Coronavirus, Casualty, Prem Watsa, Canada
Fairfax profits shrink due to $308m COVID-19 hit and Brit, but GPW soars
31-07-2020
Prem Watsa buys 'ridiculously cheap' Fairfax shares
16-06-2020
Fairfax swings to $1.3bn net loss despite strong underwriting performance
01-05-2020
Greenlight Re warns on Q1 profit as investment losses mount
14-04-2020
Investment gains drive robust 2019 profits at Fairfax
14-02-2020
