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Private agencies forecast median Ebitda margins of 22% for 2025, with top performers expecting 28.5%.
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The executive told analysts Fairfax has no plans of walking away from its current cat position.
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The latest cat event may not be enough to change the overall market, he added.
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The group should also tilt capital allocation away from M&A and deepen its disclosure.
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More than 33,000 claims had been filed as of 5 February.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Rate falls across the property class and uncertainty around the US administration dominated conversations.
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The bill seeks prompt claims payments and settlements, and greater transparency.
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The estimate covers property and vehicle claims.
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On a year-over-year basis, however, most commercial lines recorded renewal rate rises.
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Casualty reserve concerns continue to mount as releases remain elevated.
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The broker attributed the drop to smaller average deal sizes over the quarter.