Fairfax 2025

[Hoodlum]

Huron University gets $10M donation to launch Canada’s first Fairfax Centre for Free Enterprise

 

https://www.ctvnews.ca/london/article/huron-university-gets-10m-donation-to-launch-canadas-first-fairfax-centre-for-free-enterprise/

 

“We are making a statement: that we believe in Canada, and that it can be the land of opportunity for everyone, and that the free enterprise system that has helped to make the country what it is today should be recognized, maintained and cultivated for the benefit of all Canadians. We believe that Huron University can help lead a revival of the entrepreneurial spirit that is key to our shared future,” said Prem Watsa, chairman and CEO of Fairfax.

[mananainvesting]

3 hours ago, MMM20 said:

Exactly. I posted I comment along those lines on the Brooklyn Investor blog post. He’s thoughtful but didn’t seem aware of Digit - that speaks to the misconceptions still out there that explain why FFH is still cheap!
 

Also, Let’s not forget Ki. It not just another insurance company. 

[MMM20]

11 minutes ago, mananainvesting said:

Also, Let’s not forget Ki. It not just another insurance company. 

Yeah I mentioned that one too.

[Peregrine]

Hi all, is there an itinerary out yet on all the events around the AGM?

[SafetyinNumbers]

6 hours ago, Peregrine said:

Hi all, is there an itinerary out yet on all the events around the AGM?

 

 

[Munger_Disciple]

Interview with C&F CEO:

https://www.insuranceinsider.com/article/2eh1w9cjvqzlvuewo2upt/insider-on-air/crum-forster-a-cautionary-tale-and-a-redemption-story-adee?zephr_sso_ott=5JWMyr

 

Imagine living thru' a period of 200CR!

Edited 20 hours ago by Munger_Disciple

[Redskin212]

Marc Adee is one of those fantastic CEO’s who you have never heard of. Extremely intelligent and a real quiet leader.  He joined C&F when it was basically dead and navigated through years of adverse development to finally get back to operating at a CR less than 100.  Once he successfully got the underwriting back under control, he has turned his attention to raising the profile of C&F and letting people know what a great company and great place to work it is. Well done Marc!  Fairfax is lucky to have him at the helm of C&F

[gfp]

https://www.fairfax.ca/press-releases/fairfax-announces-intention-to-redeem-cumulative-preferred-shares-series-e-f-m-02-28-2025/

[Maverick47]

14 hours ago, Munger_Disciple said:

Interview with C&F CEO:

https://www.insuranceinsider.com/article/2eh1w9cjvqzlvuewo2upt/insider-on-air/crum-forster-a-cautionary-tale-and-a-redemption-story-adee?zephr_sso_ott=5JWMyr

 

Imagine living thru' a period of 200CR!

Seems like the lesson he wants those insurance professionals that will follow him to learn, is to understand from history  “where they might die (200 CR  for Commercial Lines for the 20 years of 1965 to 1985) so that they’ll never go there again…”.

[Redskin212]

Cleaning up some of the Preferred Shares o/s.  My math is $C428.5 million being redeemed, taking advantage of the weak Canadian dollar.

[Redskin212]

Sorry my math is poor  but still think they are taking advantage of weak Canadian dollar

[KFRCanuk]

19 minutes ago, Redskin212 said:

Sorry my math is poor  but still think they are taking advantage of weak Canadian dollar

 

Fantastic way of putting it. I'm not commenting on your math.