Canadian Insurer Fairfax Denies Allegations of Asset Value Manipulation February 13, 2024 Fairfax Financial on Monday denied allegations by Muddy Waters Research that the Canadian insurer was manipulating asset values, saying the...
Muddy Waters Shorts Canada Insurer Fairfax Financial, Alleging Asset Value Manipulation February 8, 2024 By Mehnaz Yasmin Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial alleging manipulation in its asset...
India’s Digit Insurance to Refile Papers for $440M IPO After Regulator Raises Concerns January 31, 2023 By M. Sriram Digit Insurance will refile papers for its $440 million initial public offering (IPO), the company told Reuters on Tuesday, after...
India Regulator to Restart Review Process for IPO of Fairfax’s Digit Insurance: Sources September 30, 2022 By M. Sriram and Aditya Kalra India’s markets regulator will restart a review of a $440 million initial public offering of Digit Insurance after the company...
Fairfax-Backed Digit Insurance’s IPO Put on Hold by Indian Watchdog September 20, 2022 Digit Insurance, a company backed by Canadian billionaire Prem Watsa’s Fairfax Group, has had a planned initial public offering (IPO)...
Fairfax Commits $5 Million for COVID-19 Relief in India April 28, 2021 Fairfax Financial Holdings announced that it has made a commitment of US$5 million (approximately INR 37 crore) to fund initiatives...
CEO Watsa Buys US$149M of ‘Ridiculously Cheap’ Fairfax Shares June 16, 2020 Fairfax Financial Holdings Ltd. announced that Prem Watsa, its chair and CEO, has purchased in the market 482,600 subordinate voting...
Cloutier to Step Down as Brit’s Exec. Chairman, with Plans to Become CEO of Aspen October 1, 2018 Brit Ltd. announced that Mark Cloutier will step down from his role as executive chairman of Brit in December 2018....
Fairfax Financial Completes $4.9 Billion Acquisition of Allied World July 6, 2017 By L.S. Howard Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co....
Fairfax Financial to Pay More Cash, Less Stock, for Allied World March 13, 2017 Toronto-based insurance group Fairfax Financial Holdings Ltd. said it would increase the cash component of its offer to buy Allied...