Fairfax Financial
-
Amy Sherk will be the CFO, while Jennifer Allen will become chief business officer.
-
The company has been buying out Omers’ shares since 2015.
-
The company has grown its premium base by 12% annually over the last five years.
-
The company recorded an undiscounted CoR of 93.9% in Q2.
-
-
On a discounted basis, Brit's combined ratio deteriorated by 2.1 points to 72.7%.
-
Brit’s combined ratio shed 23.4 points to return to a profitable 94%.
-
Earlier this week, this publication revealed that the firm parted ways with treaty VP and former TransRe executive Humberto Contasta.
-
Based in Stamford, Connecticut, the executive will oversee the carrier’s cyber fac and treaty operations reporting to NA CEO Brian Quinn.
-
With the deal, the Canadian conglomerate will boost its ownership interest in the Middle East carrier to 90%.
-
Carl Overy will become CEO of Odyssey’s global reinsurance business, as Brian Young takes on broader Fairfax responsibilities.
-
Odyssey also booked an underwriting loss and a combined ratio of 107.8%.
Most Recent
-
PIB at a crossroads as suitor interest wanes
27 March 2025 -
Integro employee shareholders to receive no payouts
27 March 2025 -
Daily Digest: Top news from 27 March
27 March 2025