Fairfax Financial Holdings Limited announced that Brian Young has been named president of Fairfax Insurance Group, succeeding Andrew Barnard. Barnard, who has been president since 2011, has become chairman of Fairfax Insurance Group.

Both appointments were effective Jan. 1, 2025.

Young joined Odyssey Group in 1996 and has served as its chief executive officer since 2011. Fairfax said that Odyssey has thrived under Young’s leadership, generating an underwriting profit for 13 consecutive years and nearly tripling in size during his tenure.

Carl Overy has become CEO of Odyssey, leading its three operating platforms: OdysseyRe, Hudson and Newline. Overy has served as the CEO of OdysseyRe since April 2023 and previously served as CEO of Newline and the London branch of OdysseyRe for 15 years.