Fairfax Offers to Take Agritech Firm Farmers Edge Private at 99% Below IPO Price November 17, 2023 By Derek Decloet Canadian financial group Fairfax Financial Holdings Ltd. offered to buy out minority shareholders of agriculture technology firm Farmers Edge Inc....
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...