Fairfax Financial

Fairfax Announces the Passing of Eric Salsberg

Retrieved on: 
Lunedì, Maggio 6, 2024
Corporation, Corporate Affairs, Friends, FFH, Family, TSX, Fairfax Financial

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces with great sadness the passing of Eric P. Salsberg, who joined Fairfax in 1988 after acting as counsel to Fairfax on every major transaction it undertook since its founding in 1985.

Key Points: 
  • TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces with great sadness the passing of Eric P. Salsberg, who joined Fairfax in 1988 after acting as counsel to Fairfax on every major transaction it undertook since its founding in 1985.
  • Rick served as Vice President – Corporate Affairs and Corporate Secretary for Fairfax, and provided strategic advice and guidance on countless transactions undertaken by the company over the years.
  • He loved Fairfax and we would not have achieved the success we have without him.
  • Ricky was our partner, trusted friend, and indispensable advisor for 38 years, and all of us here at Fairfax loved him, as did his family, friends, neighbours, and business colleagues,” said Prem Watsa, Chairman and Chief Executive Officer of Fairfax.

Result of Voting for Directors at Annual Shareholders’ Meeting

Retrieved on: 
Venerdì, Aprile 12, 2024
FFH, TSX, Fairfax Financial

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) is pleased to announce the results of the vote on Directors at its April 11, 2024 Annual Shareholders’ Meeting.

Key Points: 
  • TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) is pleased to announce the results of the vote on Directors at its April 11, 2024 Annual Shareholders’ Meeting.
  • Each of the nominee directors listed in Fairfax’s management proxy circular dated March 8, 2024 was elected as a director.
  • The voting results for the twelve directors nominated for election are set forth in the table below:

Prem Watsa Named 2024 Insurance Hall of Fame Laureate

Retrieved on: 
Giovedì, Aprile 18, 2024
Professional Services, Insurance, Human Resources, Education, Watsa, University, RGA, IIS, Canada Dry, Hospital for Sick Children, Principal Financial Group, Entrepreneurship, Fairfax Financial, Toronto Stock Exchange, Acquisition, Chemical engineering, Fame, Multimedia, MBA, Padma Shri, Confederation Life, Management

The International Insurance Society (IIS) has named Prem Watsa, the Founder, Chairman and CEO of Toronto-based Fairfax Financial Holdings Limited , the 2024 Insurance Hall of Fame Laureate.

Key Points: 
  • The International Insurance Society (IIS) has named Prem Watsa, the Founder, Chairman and CEO of Toronto-based Fairfax Financial Holdings Limited , the 2024 Insurance Hall of Fame Laureate.
  • View the full release here: https://www.businesswire.com/news/home/20240418306017/en/
    Prem Watsa, the Founder, Chairman and CEO of Toronto-based Fairfax Financial Holdings Limited, has been named the 2024 Insurance Hall of Fame Laureate by the International Insurance Society.
  • (Photo: Business Wire)
    The Insurance Hall of Fame recognizes leaders who have made a broad, encompassing, and lasting contribution to the insurance industry.
  • “As the 2024 Insurance Hall of Fame Laureate, Mr. Prem Watsa's legacy of excellence, ingenuity and integrity continues to inspire future generations in the insurance industry and beyond,” says Josh Landau, President of the International Insurance Society.

The 18th Annual Disability Matters North America Conference & Awards Winners are Announced

Retrieved on: 
Sabato, Aprile 13, 2024
Consulting, Professional Services, People with Disabilities, Consumer, ManpowerGroup, Dow Chemical Company, Disability, Research, Springboard, American Institutes for Research, Workplace, FIS (company), Bank of America, UPMC, Bank, Workforce, HSBC Bank, Molson Coors, Fairfax Financial, Medical college, Award

Winners of the 2024 Disability Matters North America Awards were announced throughout the conference on Thursday and Friday, April 4 & 5 in-person and via simultaneous live-stream from Milwaukee, Wisconsin.

Key Points: 
  • Winners of the 2024 Disability Matters North America Awards were announced throughout the conference on Thursday and Friday, April 4 & 5 in-person and via simultaneous live-stream from Milwaukee, Wisconsin.
  • The Awards honor companies for their innovative programs resulting in the successful outreach, recruitment, engagement and retention of candidates, employees and customers with disabilities.
  • The annual event and awards is produced in the United States, Europe and Asia by Springboard Consulting, LLC.
  • The 2024 North America Disability Matters Honorees are:

The 18th Annual Disability Matters North America Conference & Awards Winners are Announced.

Retrieved on: 
Sabato, Aprile 13, 2024
ManpowerGroup, Dow Chemical Company, Disability, Research, Springboard, American Institutes for Research, Workplace, FIS (company), Bank of America, UPMC, Bank, Secrecy, Workforce, HSBC Bank, Molson Coors, Fairfax Financial, Medical college, Award, Insurance

FOLLY BEACH, S.C., April 13, 2024 /PRNewswire/ -- Winners of the 2024 Disability Matters North America Awards were announced throughout the conference on Thursday and Friday, April 4 & 5 in-person and via simultaneous live-stream from Milwaukee, Wisconsin.

Key Points: 
  • FOLLY BEACH, S.C., April 13, 2024 /PRNewswire/ -- Winners of the 2024 Disability Matters North America Awards were announced throughout the conference on Thursday and Friday, April 4 & 5 in-person and via simultaneous live-stream from Milwaukee, Wisconsin.
  • The Awards honor companies for their innovative programs resulting in the successful outreach, recruitment, engagement and retention of candidates, employees and customers with disabilities.
  • The annual event and awards is produced in the United States, Europe and Asia by Springboard Consulting, LLC.
  • The 2024 North America Disability Matters Honorees are:

Fairfax Announces Hybrid Annual Shareholders’ Meeting Details

Retrieved on: 
Martedì, Aprile 2, 2024
Proxy, Webcast, TSX, AGM, Q&A, Fairfax Financial, FFH

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces additional details regarding its upcoming hybrid annual shareholders’ meeting.

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces additional details regarding its upcoming hybrid annual shareholders’ meeting.
  • As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on April 11, 2024 and will commence at 9:30 a.m. Eastern Time, with the formal annual meeting and a presentation by Prem Watsa, Fairfax’s Chairman and CEO, followed by a Q&A session, all of which will be webcast in real time.
  • Following are additional details on how to access this webcast and to submit questions in advance for the Q&A session.
  • Registered shareholders and duly appointed proxyholders will be able to attend and vote at the hybrid meeting both in-person and virtually through a web-based platform at https://web.lumiagm.com/474099068 .

Fairfax Completes US$1 Billion Senior Notes Offering

Retrieved on: 
Venerdì, Marzo 22, 2024
Failure, Risk management, Asbestos, EDGAR, Regulation, Sale, IAS 12, Insurance, TSX, Investment, Note, Annual report, Fairfax Financial, FFH, IAS, Government, Security (finance)

TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$1,000,000,000 in aggregate principal amount of 6.350% senior notes due 2054 (the “Notes”).

Key Points: 
  • TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$1,000,000,000 in aggregate principal amount of 6.350% senior notes due 2054 (the “Notes”).
  • In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement.
  • Fairfax intends to use the net proceeds of this offering for general corporate purposes.
  • Such forward-looking statements may include, among other things, the intended use of the net proceeds from the offering of the Notes.

Fairfax Announces Pricing of Senior Notes Offering

Retrieved on: 
Martedì, Marzo 19, 2024
Failure, Risk management, Asbestos, EDGAR, Regulation, Sale, IAS 12, United, Insurance, TSX, Investment, Note, Annual report, Fairfax Financial, FFH, IAS, Government, Security (finance)

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$1,000,000,000 of senior notes due 2054 (the “Notes”) at an issue price of 99.734%.

Key Points: 
  • TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$1,000,000,000 of senior notes due 2054 (the “Notes”) at an issue price of 99.734%.
  • The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 6.350% per annum.
  • Fairfax also intends to enter into a registration rights agreement in connection with the offering.
  • Such forward-looking statements may include, among other things, the intended use of net proceeds from the offering of the Notes and the anticipated completion of the offering of the Notes.

AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited’s Senior Unsecured Notes

Retrieved on: 
Martedì, Marzo 26, 2024
Insurance, Professional Services, ALL, News, Credit, TSX, Credit rating, AM Best, Fairfax Financial, FFH, Good

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the recently issued $1.0 billion 6.35% senior unsecured notes, due March 2054, of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH].

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the recently issued $1.0 billion 6.35% senior unsecured notes, due March 2054, of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH].
  • The outlook assigned to this Credit Rating (rating) is stable.
  • The Long-Term Issuer Credit Rating of Fairfax, as well as the ratings of its operating subsidiaries and all other debt issuances are unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fairfax Financial Holdings Limited - FRFHF

Retrieved on: 
Giovedì, Marzo 7, 2024
Pomerantz, Research, Muddy Waters Research, OTC, Prior, Muddy Waters, FFH, LLP, Fairfax Financial

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Fairfax Financial Holdings Limited (“FFH” or the “Company”) (OTC: FRFHF).

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Fairfax Financial Holdings Limited (“FFH” or the “Company”) (OTC: FRFHF).
  • On February 8, 2024, short-seller Muddy Waters Research published a report entitled “Fairfax Financial Holdings Ltd.: The GE of Canada” (the “Muddy Waters Report”).
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.