Overview
Fairfax Financial Holdings Ltd. focuses on property/casualty coverage such as commercial, auto liability, trucking, and accident insurance. The Toronto-based firm also provides investment management, claims adjusting, and information-management services. The majority of Fairfax Financial Holdings operations are in the U.S. and account for more than half of the company's earned premiums.
V. Prem Watsa, the head of Fairfax Financial, has been dubbed the "Buffett of the North" and is followed closely by value investors for his ability to call the market.
Fairfax recently increased its M&A activity, acquiring Polskie Towarzystwo Reasekuracji (Polish Re to expand its operations in Europe).