Fairfax expects 96% Q1 combined ratio and 17% GWP hike
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Fairfax expects 96% Q1 combined ratio and 17% GWP hike

Samuel Casey
April 15, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
DONT USE OLD DONT USE

Fairfax Financial expects to report a combined ratio of 96% in the first quarter, along with gross written premiums of around $5.5bn, an increase of 17%.

The Canadian business, which owns insurer Brit, said that its investments increased significantly in the quarter and net gains are estimated to be around $875mn, reflecting net unrealised gains from its common stock portfolio.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsFairfax FinancialResultsEarnings
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article