Fairfax Financial Holdings News
S&P: Reinsurance M&A Will Follow Berkshire Hathaway Model
Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor's asserted in a new industry report. The ratings entity said that the ...
Fitch Puts Watch on Brit plc
Fitch Ratings has placed some of Brit plc's ratings on Rating Watch Negative following an announcement that Fairfax Financial Holdings intends to acquire Brit for roughly $1.9 billion. The ratings ...
Another M&A Deal: Fairfax Financial Grabbing U.K.’s Brit For $1.88B
Fairfax Financial Holdings Ltd., the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for about $1.88 billion to become one of the top five ...
Fairfax to Acquire QBE’s Czech, Hungarian and Slovakian Operations
Fairfax Financial Holdings Ltd. has entered into an agreement to purchase QBE Insurance (Europe) Ltd.'s insurance operations in the Czech Republic, Hungary and Slovakia. Terms of the transaction were ...
Fairfax Financial Grows Asia Insurance Presence With Malaysian Acquisition
Fairfax Financial Holdings said it will acquire the general insurance business from a Malaysian company as part of a broader expansion in Asia. Fairfax plans to use its subsidiary The Pacific ...