Fairfax Q1 CoR up 0.9 points to 94% as cat losses rise to $191.9mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Fairfax Q1 CoR up 0.9 points to 94% as cat losses rise to $191.9mn

Jairo Ibarra
May 11, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Fairfax Financial logo Toronto v3.jpg

Canadian group Fairfax Financial’s combined ratio rose 0.9 points to 94% in the first quarter as higher underwriting income in global and international (re)insurance results was offset by a decline in North American insurers' profits.

The conglomerate posted Q1 cat losses of $191.9mn, or 3.7 points on its CoR, up from $130.2mn in the prior-year period.

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? Login now

Topics

NewsResultsFairfax FinancialEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article