Fairfax expects 96% Q1 combined ratio and 17% GWP hike
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 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 expects 96% Q1 combined ratio and 17% GWP hike

Samuel Casey
15 April 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
DONT USE OLD DONT USE

Fairfax Financial expects to report a combined ratio of 96% in the first quarter, along with gross written premiums of around $5.5bn, an increase of 17%.

The Canadian business, which owns insurer Brit, said that its investments increased significantly in the quarter and net gains are estimated to be around $875mn, reflecting net unrealised gains from its common stock portfolio.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsFairfax FinancialResults
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article