Fairfax Financial returns to underwriting profit in Q2
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Fairfax Financial returns to underwriting profit in Q2

Eli Rallo, 
Bernard Goyder
July 30, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
fairfax-financial-toronto-with-prem-watsa-v3.png

Fairfax Financial Group reported $227.9mn in underwriting profit in Q2, up from a $13.3mn underwriting loss in Q2 last year, driven by improved margins at Odyssey Group.

Net diluted earnings per share jumped to $43.25 in Q2 2021, up from $15.26 last year.

The Canadian conglomerate’s combined ratio improved by 6.1%

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Fairfax Financial News Earnings
ER
Eli Rallo
BG
Bernard Goyder
Gift this article