Investment gains drive Fairfax Q3 profits; GWP surge but cat losses bite

05-11-2021

Investment gains drive Fairfax Q3 profits; GWP surge but cat losses bite

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Fairfax Financial Holdings increased its third quarter net profits nearly two and a half times over the prior year period as a 24.8 percent upswing in gross written premiums to $5.92 billion tempered big cat losses and the group swung to a notable gain on net investment income.


FairFax Financial Holdings, Q3, Profit, Catastrophe, Insurance, Reinsurance, Prem Watsa, North America

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