FFH.TO - Fairfax Financial Holdings Limited

Toronto - Toronto Delayed Price. Currency in CAD

Fairfax Financial Holdings Limited

95 Wellington Street West
Suite 800
Toronto, ON M5J 2N7
Canada
416-367-4941
http://www.fairfax.ca

SectorFinancial Services
IndustryInsurance - Property & Casualty
Full Time Employees39,043

Key Executives

NameTitlePayExercisedYear Born
Mr. V. Prem WatsaFounder, Chairman & CEO1.32MN/A1950
Mr. Paul C. RivettPres3.43MN/A1968
Mr. Peter S. ClarkeVP & COO1.36MN/A1972
Ms. Jennifer AllenChief Financial OfficerN/AN/A1970
Mr. Vinodh LoganadhanVP of Admin. ServicesN/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other miscellaneous risks and liabilities insurance products; and reinsurance products, which includes property, casualty, and liability exposures. In addition, it owns, operates, and franchises restaurants; manufactures food products; retails home improvement goods, toys and baby products, golf equipment, consumables, athletic apparel and accessories, and tableware and gifts; invests in retail and other businesses; owns and operates holiday resorts; invests in real estate sector; operates container freight station; and develops, produces, markets, and distributes television programs. Further, the company provides agricultural commodities storage, catering, pet medical insurance and database, and integrated travel and travel-related financial services, as well as infrastructure services to industries and government. It operates approximately 82 toys and baby products stores in Canada. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.

Corporate Governance

Fairfax Financial Holdings Limited’s ISS Governance QualityScore as of July 29, 2019 is 9. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.