Fairfax Financial
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A wave of protests last year led to widespread looting and destruction. -
Paul Rivett said social inflation, interest rates and tightening capacity at Lloyd’s had heightened pressure on underwriters.
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Robert Opitz joins the Fairfax-owned business after 24 years at Chubb.
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Ownership will be passed onto a charitable trust in a 100-year plan
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The Canadian conglomerate will buy out all of Omers minority stake in Brit.
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Fairfax Financial‘s operating earnings leapt by 35.6 percent in Q2 to $17.18 per share in Q1, as all Fairfax units made an underwriting profit.
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David Bonham joined Fairfax Financial in 2004.
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The insurer also reported lower cat losses compared with a year ago.
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