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Fairfax Financial Holdings Limited (0KV5.L)

LSE - LSE Delayed price. Currency in CAD
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885.99+51.47 (+6.17%)
At close: 03:40PM GMT

Fairfax Financial Holdings Limited

95 Wellington Street West
Suite 800
Toronto, ON M5J 2N7
Canada

https://www.fairfax.ca

Sector(s)
Industry
Full-time employees15,891

Key executives

NameTitlePayExercisedYear born
Mr. V. Prem WatsaFounder, Chairman & CEO646.29kN/A1950
Mr. Peter S. ClarkePres & COO2.3MN/A1972
Ms. Jennifer J. S. AllenVP & CFO1.62MN/A1970
Mr. Jean CloutierVP of International Operations & Chairman of International2.65MN/A1964
Mr. Michael Anthony WallaceVP of Insurance Operations853.4kN/AN/A
Mr. Vinodh LoganadhanVP of Admin. ServicesN/AN/AN/A
Mr. Derek BulasAssociate VP of LegalN/AN/AN/A
Mr. John Charles Varnell CPAVP of Corp. Devel.N/AN/A1957
Mr. Sammy Y. ChanPres of Fairfax AsiaN/AN/AN/A
Mr. Eric Paul SalsbergVP of Corp. Affairs & Corp. Sec.N/AN/A1945
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it retails home improvement goods, toys and baby products, golf equipment, sports apparel and accessories, housewares and home décors, and tableware and gifts; invests in retail business; and owns and operates holiday resorts. Further, the company provides integrated travel and travel-related financial services; originates, processes, and distributes pulses and staple foods; creates, produces, and distributes entertainment content; and provision of pet medical insurance and database services, as well as media and marketing solutions. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.

Corporate governance

Fairfax Financial Holdings Limited’s ISS governance QualityScore as of 1 October 2022 is 10. The pillar scores are Audit: 10; Board: 8; Shareholder rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.