Fairfax Financial Holdings

Toronto, Canada Founded: 1985 • Age: 41 yrs
Property casualty insurance company
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About Fairfax Financial Holdings

Fairfax Financial Holdings is a company based in Toronto (Canada) founded in 1985 by Prem Watsa.. The company has 57,000 employees as of December 31, 2024. Fairfax Financial Holdings has completed 13 acquisitions, including Allied World Assurance Company, Brit Insurance and Cunningham Lindsey. Fairfax Financial Holdings offers products and services including Property and Casualty Insurance, Reinsurance Services, and Investment Management. Fairfax Financial Holdings operates in a competitive market with competitors including Investec, S&P Global, Bank of America, State Street and FIS, among others.

  • Headquarter Toronto, Canada
  • Employees 57000 as on 31 Dec, 2024
  • Founders Prem Watsa
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fairfax Financial Holdings Limited
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
    $38.8 B (USD)
    11.57
    as on Dec 31, 2024
  • Net Profit
    $3.69 B (USD)
    -10.24
    as on Dec 31, 2024
  • EBITDA
  • Latest Funding Round
    $512.93 M (USD), Post-IPO

    Dec 06, 2017

  • Investors
  • Employee Count
    57000

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Fairfax Financial Holdings

Fairfax Financial Holdings is a publicly listed company on the TSX with ticker symbol FFH in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: FFH . Sector: Finance · Canada

Products & Services of Fairfax Financial Holdings

Fairfax Financial Holdings offers a comprehensive portfolio of products and services, including Property and Casualty Insurance, Reinsurance Services, and Investment Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers coverage for property and casualty risks to businesses.

Provides reinsurance to other insurers for risk management.

Manages assets with a value-oriented total return approach.

People of Fairfax Financial Holdings
Headcount 10000+
Employee Profiles 29
Board Members and Advisors 10
Employee Profiles
People
Neil George
IT Director
People
Priya Ramesh Mehta
Director, Charitable Giving
People
Matthew Wilson
President, Brit Limited
People
Michael Wallace
VP, Insurance Operations

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Board Members and Advisors
people
Lauren C. Templeton
Independent Director

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Funding Insights of Fairfax Financial Holdings

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $512.9M
  • First Round

    (06 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Post-IPO - Fairfax Financial Holdings Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Fairfax Financial Holdings

Fairfax Financial Holdings has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Allied World Assurance Company, Brit Insurance and Cunningham Lindsey. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified insurance products including casualty, motor, and liability are offered.
2001
Diversified insurance services are provided across various sectors and regions.
1999
High-end Indian fine dining restaurants are operated in London.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fairfax Financial Holdings

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fairfax Financial Holdings Comparisons

Employees
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Competitors of Fairfax Financial Holdings

Fairfax Financial Holdings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, S&P Global, Bank of America, State Street and FIS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Financial services are provided to asset managers worldwide.
domain founded_year HQ Location
Software suites for banks and financial institutions are provided.
domain founded_year HQ Location
Comprehensive banking and financial services are provided globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fairfax Financial Holdings

Frequently Asked Questions about Fairfax Financial Holdings

When was Fairfax Financial Holdings founded?

Fairfax Financial Holdings was founded in 1985 and raised its 1st funding round 32 years after it was founded.

Where is Fairfax Financial Holdings located?

Fairfax Financial Holdings is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

How many employees does Fairfax Financial Holdings have?

As of Dec 31, 2024, the latest employee count at Fairfax Financial Holdings is 57,000.

What is the annual revenue of Fairfax Financial Holdings?

Annual revenue of Fairfax Financial Holdings is $38.8B as on Dec 31, 2024.

What does Fairfax Financial Holdings do?

Fairfax Financial Holdings was established in 1985 in Toronto, Canada, as a provider in the property and casualty insurance sector. Coverage for business operations and diverse geographic regions is extended through its offerings. The company manages insurance products focused on risk protection across various markets. In 2022, revenues totaling 28.32 billion were achieved, alongside a net profit of 1.25 billion. Operations are centered in North America with international reach.

Who are the top competitors of Fairfax Financial Holdings?

Fairfax Financial Holdings's top competitors include Investec, S&P Global and Bank of America.

What products or services does Fairfax Financial Holdings offer?

Fairfax Financial Holdings offers Property and Casualty Insurance, Reinsurance Services, and Investment Management.

Is Fairfax Financial Holdings publicly traded?

Yes, Fairfax Financial Holdings is publicly traded on TSX under the ticker symbol FFH.

How many acquisitions has Fairfax Financial Holdings made?

Fairfax Financial Holdings has made 13 acquisitions, including Allied World Assurance Company, Brit Insurance, and Cunningham Lindsey.

What is Fairfax Financial Holdings's ticker symbol?

The ticker symbol of Fairfax Financial Holdings is FFH on TSX.

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