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Fairfax Financial Holdings Limited (FRFHF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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1,107.73-18.27 (-1.62%)
At close: 03:59PM EDT

Fairfax Financial Holdings Limited

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

Sector(s)Financial Services
IndustryInsurance - Property & Casualty
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. V. Prem WatsaFounder, Chairman & CEO437.23kN/A1950
Mr. Peter S. ClarkePresident & COO1.93MN/A1972
Ms. Jennifer J. S. AllenVP & CFO1.44MN/A1970
Mr. Jean CloutierVP & Chairman of International1.76MN/A1964
Mr. Bryan BaileyVice President of Tax1.24MN/AN/A
Mr. Vinodh LoganadhanVice President of Administrative ServicesN/AN/AN/A
Mr. Derek BulasVP, Chief Legal Officer & Corporate SecretaryN/AN/AN/A
Mr. John Charles Varnell CPAVice President of Corporate Development723.11kN/A1957
Mr. Paul AdamsonChief Executive Officer of GIG GulfN/AN/A1968
Mr. Khaled Saoud Abdul Aziz Al HasanGroup Chief Executive Officer of Gulf InsuranceN/AN/A1953
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, terrorism, 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, automobile, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it franchises, owns, and operates restaurants; retails sports lifestyle products; provides integrated travel and travel-related financial services, as well as advanced digital tools for agriculture; owns and operates holiday resorts; originates, processes, and distributes value-added pulses and staple foods; develops, manages, and invests in hospitality real estate. 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 1 June 2024 is 10. The pillar scores are Audit: 9; Board: 9; Shareholder rights: 10; Compensation: 9.

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 10 indicates higher governance risk.