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13.10.25 - 08:03
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Fairfax Sells Interest in Eurolife Life Insurance Operations to Eurobank (GlobeNewswire EN)
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TORONTO, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces that it has entered into a term sheet with Eurobank Ergasias Services and Holdings S.A. (“Eurobank”) pursuant to which Eurobank or an affiliate thereof will acquire from certain affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”) the 80% equity interest owned by Fairfax in the life insurance business operated by Eurolife FFH Insurance Group Holdings S.A. (“Eurolife”) for cash consideration of €813 million....
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10.10.25 - 15:27
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AM Best Affirms Credit Ratings of Zenith National Insurance Group′s Members (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Zenith Insurance Company and ZNAT Insurance Company. The outlook of these Credit Ratings (ratings) is stable. These companies comprise Zenith National Insurance Group (Zenith) and are domiciled in Woodland Hills, CA.
The ratings reflect Zenith's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The ratings also consider Zenith's position as a member of Fairfax Financial Holdings Limited (Fairfax) [TSE: FFH], which includes the implicit support available from its affiliation with Fairfax. As part of the Fairfax group, the insurance operations benefit from the favorable financial flexibility and significant levels of cash and marketable securities held at the ultimate holding company level. In add...
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09.10.25 - 20:06
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AM Best Affirms Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed) (Business Wire)
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LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Gulf Insurance Group K.S.C.P. (GIG) and Gulf Insurance and Reinsurance Company K.S.C. (Closed) (GIG-Kuwait) (both domiciled in Kuwait). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect GIG's consolidated balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings also factor in lift from GIG's ultimate parent company, Fairfax Financial Holding Limited (Fairfax) [TSX: FFH], due to the strategic importance of GIG to Fairfax.
GIG-Kuwait is a composite insurer with a leading position in Kuwait's insurance market. The company is strategically important to GIG and integrated into its operations.
GIG's balance sheet strength assessment is underpinned by consolidated risk-adjusted capitalisat...
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03.10.25 - 16:51
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AM Best Upgrades Credit Ratings of Northbridge Financial Corporation′s Members; Affirms Credit Ratings of Wentworth Insurance Company Limited (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” (Superior) from “a+” (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which is composed of Federated Insurance Company of Canada, Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company. All companies are domiciled in Ontario, Canada. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Wentworth Insurance Company Limited (Wentworth) (Barbados). The outlook of these Credit Ratings (ratings) is stable. The aforementioned companies are subsidiaries of Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH].
The ratings of Northbridge reflect the group's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile an...
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26.09.25 - 13:48
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Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares (GlobeNewswire EN)
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TORONTO, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares: Cumulative 5-Year Rate Reset Preferred Shares, Series I (TSX: FFH.PR.I) (“Series I Shares”), Cumulative Floating Rate Preferred Shares, Series J (TSX: FFH.PR.J) (“Series J Shares”), and Cumulative 5-Year Rate Reset Preferred Shares, Series K (TSX: FFH.PR.K) (“Series K Shares” and, together with the Series I Shares and Series J Shares, the “Preferred Shares”). Purchases will be made in accordance with the rules and policies of the TSX. Subordinate Voting Shares purchased will be either cancelled or reserved for share-based payment awards and Preferr...
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19.09.25 - 17:48
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What’s Happening With Fairfax Financial Stock? (Fool)
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Fairfax Financial Holdings (TSX:FFH) stock has been going sideways of late, but don't expect the long-term momentum to fade.
The post What's Happening With Fairfax Financial Stock? appeared first on The Motley Fool Canada....
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17.09.25 - 23:54
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Dream Impact Announces Agreement to Extend and Amend Its 5.50% Convertible Unsecured Subordinated Debentures; Also Announces Management Changes (Business Wire)
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This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.TORONTO--(BUSINESS WIRE)--Dream Impact Trust (TSX: MPCT.UN) (“Dream Impact” or the “Trust”), announced today that Dream Impact and the beneficial holders of the Trust's 5.50% convertible unsecured subordinated debentures due July 31, 2026 (the “Debentures”) have reached an agreement to extend and amend certain terms of the Debentures. All of the Debentures are beneficially owned by certain controlled affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”).
Dream Impact and Fairfax have agreed to extend the maturity date of the Debentures from July 31, 2026 to July 31, 2031. In addition, the interest rate of the Debentures will change from 5.50% to 6.50% and the conversion price of the Debentures will be adjusted to $2.75 per unit. Under the amended terms of the Debentures,...
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29.08.25 - 13:03
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Fairfax Announces Intention to Redeem Cumulative Preferred Shares, Series G & H (GlobeNewswire EN)
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TORONTO, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) today announced its intention to redeem (i) all of its 7,719,843 outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series G (the “Series G Shares”), and (ii) all of its 2,280,157 outstanding Cumulative Floating Rate Preferred Shares, Series H (the “Series H Shares” and, together with the Series G Shares, the “Preferred Shares”) on September 30, 2025 (the “Redemption Date”) at a redemption price equal to C$25.00 per share, for an aggregate total amount of C$250.0 million, together with all accrued and unpaid dividends up to but excluding the Redemption Date (the “Redemption Price”), less any tax required to be deducted and withheld by Fairfax....
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28.08.25 - 18:06
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AM Best Upgrades Credit Ratings of Crum & Forster Insurance Group′s Members; Affirms Credit Ratings of Monitor Life Insurance Company of New York (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” (Superior) from “a+” (Excellent) of the members of Crum & Forster Insurance Group (C&F). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Monitor Life Insurance Company of New York (Monitor Life) (New York, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies.)
The ratings of C&F reflect the group's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM). The ratings also reflect the benefits the group derives from its role within the larger Fairfax Financial Holdings Limited enterprise.
C&F's rating upgrades reflect improvement in the group's busine...
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13.08.25 - 21:39
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AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited′s Senior Unsecured Notes (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the recently issued CAD 300 million, 5.1% senior unsecured notes, due August 2055, and CAD 400 million, 4.45% senior unsecured notes, due August 2035, of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH]. The outlook assigned to these Credit Ratings (rating) is stable.
The Long-Term Issuer Credit Rating of Fairfax, as well as the ratings of its operating subsidiaries and all other debt issuances, are unchanged. Fairfax intends to use the net proceeds of the offering to refinance, repay or redeem outstanding debt, equity or other corporate obligations of Fairfax and its subsidiaries, to pursue potential acquisition or investment opportunities (which may include acquisitions of minority interests in its subsidiaries), and for general corporate purposes.
This press release relates to Credit Ratings that have been published on AM Best's website. For all rating in...
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13.08.25 - 02:24
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Is Fairfax Financial a Buy? (Fool)
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Strong earnings, solid underwriting, and smart investments could keep Fairfax stock on a winning streak in the years ahead.
The post Is Fairfax Financial a Buy? appeared first on The Motley Fool Canada....
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12.08.25 - 22:48
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3 Trending Stocks I’d Snap Up With an Extra $7,000 (Fool)
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Fairfax Financial Holdings (TSX:FFH) and two other hot stocks that still have plenty of gas left in the tank.
The post 3 Trending Stocks I'd Snap Up With an Extra $7,000 appeared first on The Motley Fool Canada....
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