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Fairfax Financial Holdings Limited · Toronto, ON Canada ·(NYSE: FFH)(Toronto: FFH)

Company Description

95 Wellington St. West Ste. 800
Toronto, ON
M5J 2-N7
Canada (Map)
Phone: +1-416-367-4941
Fax: +1-416-367-4946
Rankings
  • TSX Completion

Achieving a high rate of return is the main objective at Fairfax Financial Holdings. The holding company provides insurance, reinsurance, and other financial services. Its subsidiaries (including Northbridge Financial, Odyssey Re, and Crum & Forster) focus on property/casualty coverage such as commercial, auto liability, trucking, and accident insurance, in Singapore, Hong Kong, the US, and Canada. Fairfax also provides investment management, claims adjusting, and information management services through other subsidiaries. Chairman and CEO Prem Watsa's unorthodox business strategies have been compared to those of Warren Buffett. To read the full description, subscribe now.

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Key Fairfax Financial Holdings Limited Financials

Company TypePublic - NYSE: FFH - Toronto: FFH

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$7,975.4
2008 Employees5,357

Fairfax Financial Holdings Limited Executives

28 executives listed for Fairfax Financial Holdings Limited's Toronto, ON location.
TitleName & BioContact
CEO and ChairmanV. Prem WatsaNetwork
VP, COO and Corporate SecretaryBradley MartinNetwork
VP and CFOGreg TaylorNetwork

Competition

Competitive Landscape for Fairfax Financial Holdings Limited
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
Top Fairfax Financial Holdings Limited Competitors
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