Fairfax buys additional 12% stake in Allied World for $733.5mn
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Fairfax buys additional 12% stake in Allied World for $733.5mn

Fairfax and Allied Word logos toronto.jpg

Canadian conglomerate Fairfax Financial has acquired an additional 12% stake in its subsidiary Allied World for $733.5mn.

The transaction increased the Canadian group’s ownership in the Bermudian carrier to 82.9% from 70.9%.

Fairfax said the total consideration is inclusive of the fair value of a call option exercised and an accrued dividend paid, and recorded a loss...

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
Gift this article