- Reuters•4 hours ago
Fairfax Financial Holdings Ltd, led by well-known contrarian investor Prem Watsa, swung to a quarterly profit, helped partly by an increase in underwriting revenue. The Toronto-based financial services holding company said on Thursday net premiums written rose nearly 22 percent to $2.14 billion in the second quarter. Net earnings attributable to Fairfax was $238.7 million, or $9.58 per share, compared with a loss of $185.7 million, or $8.87 per share, a year earlier.
- GuruFocus.com•last month
Prem Watsa successfully hedged his company for the financial crisis and now has hedges in place for another stock market crash and deflation
FAIRFAX FINANCIAL HOLDINGS LIMIToronto
|52wk Range||529.00 - 535.00|
|Day's Range||529.00 - 535.00|
|Avg Vol (3m)||N/A|
As of 10:29 AM EDT. Market closed.