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Kipco and Fairfax Financial Partner in Growing North African and Middle Eastern


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here is a longer article with more details from the Globe and Mail:

 

http://www.theglobeandmail.com/globe-investor/flush-with-cash-fairfax-lands-royal-deal/article1715626/

 

“The beauty of the region is that insurance in that part of the world has a very low penetration,” Mr. Watsa said. “The current penetration is primarily through the automobile insurance products. This will expand to houses and into more commercial areas, such as commercial buildings, factories. There’s lots of petrochemical plants.

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here is a longer article with more details from the Globe and Mail:

 

http://www.theglobeandmail.com/globe-investor/flush-with-cash-fairfax-lands-royal-deal/article1715626/

 

“The beauty of the region is that insurance in that part of the world has a very low penetration,” Mr. Watsa said. “The current penetration is primarily through the automobile insurance products. This will expand to houses and into more commercial areas, such as commercial buildings, factories. There’s lots of petrochemical plants.

 

A very interesting article with a lot more colour. Thank you for posting!

 

The transaction is very interesting and meaningful it terms of relationships in the region. GIC owns a bunch of other subsidiaries including a 55% stake in Arab Orient!

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Also, is there a way to set up a news feed or alert for certain companies on the Globe and Mail site? I follow a bunch of companies, and these news stories don't show up on google finance for the various Canadian companies.

 

Globe and Mail articles generally show up in Google News. 

 

You can set Google Alerts to mail you a summary of newspaper articles, blog posts, et al matching keywords like "fairfax financial".  The results can be sent to your email on daily or weekly basis, etc.

 

If interested, you could set a news article alert for each company you follow.

 

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Also, is there a way to set up a news feed or alert for certain companies on the Globe and Mail site? I follow a bunch of companies, and these news stories don't show up on google finance for the various Canadian companies.

 

Globe and Mail articles generally show up in Google News. 

 

You can set Google Alerts to mail you a summary of newspaper articles, blog posts, et al matching keywords like "fairfax financial".  The results can be sent to your email on daily or weekly basis, etc.

 

If interested, you could set a news article alert for each company you follow.

 

 

nodnub,

 

Thanks for the tip! I will try it out.

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