Fairfax Financial’s Ratings Unaffected by Move to Buy Gulf Insurance Group: DBRS April 24, 2023 Toronto-based Fairfax Financial Holdings Ltd.’s ratings are unaffected following last week’s announcement it has entered into a definitive agreement to...
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...
Amynta Group to Acquire Brit’s MGU Ambridge Group for $400M, Forms Capacity Deal January 9, 2023 Brit Ltd.’s managing general underwriter, Ambridge Group, will be acquired by Amynta Group for $400 million. In addition, a multi-year...
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)...
S&P Upgrades Fairfax Operating Subsidiaries to ‘A’; Outlook Stable June 1, 2022 S&P Global Ratings raised the financial strength ratings on the core insurance and reinsurance subsidiaries of Fairfax Financial Holdings Ltd....
Fairfax-Backed Digit Insurance Targets $5B in India IPO Valuation: Sources May 25, 2022 By M. Sriram India’s Digit Insurance, backed by Canadian billionaire Prem Watsa’s Fairfax Group, is considering raising about $500 million in an initial...
People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H February 14, 2022 This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd. A summary of...
Fairfax Completes Sale of Stake in Subsidiary Odyssey Group for US$900M December 16, 2021 Fairfax Financial Holdings Ltd. announced the completion of the previously announced sale of a minority stake in Fairfax’s subsidiary, Odyssey...
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...