Fairfax News
Fairfax-Backed Digit Insurance Targets $5B in India IPO Valuation: Sources
India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million in an initial public offering at a valuation of $4.5 billion to $5 ...
New Uniform, Same Team Culture: Allied World Post-Fairfax Deal
Lou Iglesias took on a bigger role at Allied World late in the second quarter, moving from president of North American operations to CEO of Global Insurance. In an interview with Carrier Management a ...
Fairfax Seeking to Raise $1B From Africa Fund IPO
Fairfax Financial Holdings Ltd., the Canadian insurer that announced its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in ...
Fairfax Financial to Benefit From its Acquisition of Brit plc: Moody’s
The proposed acquisition of Brit plc by Fairfax Financial Holdings is "credit positive" for Fairfax, according to Moody's, which noted that the deal will significantly boost Fairfax's underwriting ...
Fairfax’s Watsa Says Deflation ‘In the Air’
Prem Watsa is betting on U.S. government debt at his Fairfax Financial Holdings Ltd. to guard against deflation amid stagnation in European economies and slumps in commodity prices and Chinese real ...
NHL Sued by TIG Insurance Over Defense of Concussion Lawsuits
The National Hockey League was sued by an insurer seeking to limit its duty to defend the league in lawsuits alleging it concealed the long-term effects of concussions and failed to warn players of ...
Dot-com Bust Ahead for Tech Stocks, Says Fairfax’s Watsa
Prem Watsa, head of Canadian insurer Fairfax Financial Holdings Ltd., said investors in technology companies including Twitter Inc. may soon be crying as the stock prices are unsustainable. "There's ...
Fairfax to Buy $250M More BlackBerry Debentures; Markel Also a Backer
Fairfax Financial Holdings Ltd will buy another $250 million worth of BlackBerry Ltd's convertible debentures, the companies said Wednesday, providing the struggling smartphone maker with much-needed ...