Fairfax Financial Holdings Limited

Shareholders OK Sale of American Safety to Fairfax

August 27, 2013 - American Safety Insurance Holdings Ltd. said its shareholders approved the merger plan between the company with Fairfax Bermuda Holdings Ltd. Under the terms, the company's shareholders will...
https://www.insurancejournal.com/news/international/2013/08/27/302986.htm

Canada’s Fairfax to Buy American Safety in $306 Million Cash Deal

June 3, 2013 - Fairfax Financial Holdings Ltd., a Canadian insurer, agreed to buy American Safety Insurance Holdings Ltd. for $306 million in an all-cash deal that will bring $480 million of investable assets....
https://www.insurancejournal.com/news/national/2013/06/03/294101.htm
Top Insurance Stories of 2010

2010’s Top Insurance Stories in the West

December 23, 2010 - In 2009, independent insurance agents and brokers faced a "perfect storm" with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up,...
https://www.insurancejournal.com/news/west/2010/12/23/115934.htm

Ratings Recap: Electric, Clearwater, ACE INA (notes)

November 22, 2010 - Standard & Poor's Ratings Services has affirmed its 'A' counterparty credit and financial strength ratings and stable outlook on Electric Insurance Co. S&P also said it subsequently...
https://www.insurancejournal.com/news/national/2010/11/22/115079.htm

Ratings Recap: Valiant, General Automobile Permanent General

November 12, 2010 - A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A-' (Excellent) and issuer credit rating (ICR) of "a-" of Valiant Insurance Company and Valiant Specialty Insurance Company, both...
https://www.insurancejournal.com/news/national/2010/11/12/114857.htm

Ratings Roundup: AMEX, Castle Key, Torus, Hartford (debt)

August 25, 2010 - A.M. Best Co. has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating of "a" of AMEX Assurance Company, a wholly owned subsidiary of American Express Company. The...
https://www.insurancejournal.com/news/national/2010/08/25/112734.htm

Ratings Roundup: Wentworth, Gulf Re

June 7, 2010 - A.M. Best Co. has assigned a financial strength rating of 'A-' (Excellent) and an issuer credit rating of "a-" to Barbados-based Wentworth Insurance Company Limited, an indirect, wholly owned...
https://www.insurancejournal.com/news/international/2010/06/07/110482.htm

Business Moves

June 7, 2010 - Fairfax, Zenith National Insurance Toronto-based Fairfax Financial Holdings Ltd. and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the...
https://www.insurancejournal.com/magazines/features/2010/06/07/159718.htm

Best Affirms Fairfax, U.S. Members Ratings; Upgrades Seneca’s ICR

June 4, 2010 - A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and the unsecured debt and preferred equity ratings of Toronto-based Fairfax Financial Holdings Limited. Best also affirmed the...
https://www.insurancejournal.com/news/national/2010/06/04/110447.htm

Fairfax Receives Regulatory Approval for Zenith Acquisition

May 20, 2010 - Toronto-based Fairfax Financial Holdings Limited and California-based Zenith National Insurance Corp. announced that Fairfax has received approval from the California Department of Insurance for...
https://www.insurancejournal.com/news/west/2010/05/20/110031.htm

Zenith Announces Commencement of Consent Solicitation

May 17, 2010 - Woodland Hills, Calif.-based Zenith National Insurance Corp. announced it has commenced a consent solicitation relating to the 8.55 percent Capital Securities of Zenith National Insurance Capital...
https://www.insurancejournal.com/news/west/2010/05/17/109927.htm

Fairfax Financial’s Watsa Sees ‘Short-term Uncertainty, ‘Ultimate ‘Rewards’

May 3, 2010 - Fairfax Financial Holdings Ltd. Chairman and CEO Prem Watsa warned that global stock markets are still subject to a lot of uncertainties. He told analysts during the company's quarterly conference...
https://www.insurancejournal.com/news/international/2010/05/03/109479.htm

Zenith Shareholders Approve Merger With Fairfax

April 30, 2010 - Fairfax Financial Holdings Ltd. announced that Zenith's shareholders voted (by 98.9 percent of the votes cast) in favor of Fairfax's acquisition of Zenith for $38 cash per share. The merger remains...
https://www.insurancejournal.com/news/west/2010/04/30/109446.htm

Court Says Stockholders Can Vote on Fairfax-Zenith Insurance Merger

April 22, 2010 - Zenith National Insurance Corp. announced today that the Delaware Court of Chancery, ruling from the bench after hearing arguments from plaintiffs who had filed actions in both Delaware and...
https://www.insurancejournal.com/news/west/2010/04/22/109220.htm

Zenith Merger Will Make Fairfax 7th Largest Workers’ Comp Writer in Calif.

February 19, 2010 - Following Zenith National Insurance Corp.'s sell the company to Fairfax Financial Holdings Ltd., Toronto-based Fairfax will be the seventh-largest workers' compensation insurer in the state, on a...
https://www.insurancejournal.com/news/west/2010/02/19/107509.htm

Fairfax to Buy all Remaining Shares of Zenith in $1.4 Billion Deal

February 18, 2010 - Fairfax Financial Holdings Ltd said Thursday it will buy all the shares of U.S. insurer Zenith National Insurance Corp that it does not already own in a deal worth about $1.4 billion.[Figures are...
https://www.insurancejournal.com/news/national/2010/02/18/107455.htm

S&P Upgrades Crum & Forster Ratings to ‘A-‘; Fairfax ‘BBB-‘ Rating Affirmed

November 23, 2009 - Standard & Poor's Ratings Services has raised its counterparty credit and financial strength ratings on Crum & Forster Insurance Co. and related entities to 'A-' from 'BBB+'. S&P also affirmed its...
https://www.insurancejournal.com/news/national/2009/11/23/105514.htm

Fairfax Q3 Profits up 20%

October 30, 2009 - Toronto-based Fairfax Financial Holdings Ltd; said its quarterly profit jumped 20 percent, due primarily to improved underwriting profit. Fairfax said its profit was $562.4 million in the third...
https://www.insurancejournal.com/news/international/2009/10/30/104939.htm

Best Affirms Ratings for Northbridge (Fairfax) Operating Companies

October 16, 2009 - A.M. Best Co. has affirmed the financial strength ratings (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of Markel Insurance Company of Canada, Federated Insurance Company of...
https://www.insurancejournal.com/news/international/2009/10/16/104591.htm

Ratings Recap: Fairfax (debt), Swiss Re (notes), Rembrandt,

September 23, 2009 - Standard & Poor's Ratings Services has assigned its preliminary 'BBB-' senior unsecured debt, 'BB+' subordinated unsecured debt, and 'BB' preferred shares ratings on Fairfax Financial Holdings...
https://www.insurancejournal.com/news/international/2009/09/23/103997.htm