Fairfax CoR ticks down 0.8 points while cat losses top $800mn in Q3

Farhin Lilywala

November 03, 2022

Canadian conglomerate Fairfax Financial's headline combined ratio improved marginally by 0.8 points to 100.3% year-over-year, despite booking $803mn of catastrophe losses.

Of the cat loss figure, roughly $561mn, or 10.5 combined ratio points, was related to Hurricane Ian and hailstorms in France contributed $92.5mn,

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Topics

News Fairfax Financial Earnings

Farhin Lilywala

Section Editor, Distribution & Specialty