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

Samuel Casey
April 15, 2021
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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

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Samuel Casey
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