NB merges Commonwealth, Lombard, and Markel

[bluedevil]

http://www.nbfc.com/pdf/June-20-Northbridge-Announcement.pdf

[Parsad]

This is good.  I like Fairfax consolidating subs under specific umbrellas.  Simplifies it for shareholders to understand where subs are located, and generally where those subs write much of their business.  Cheers!

[KFRCanuk]

I'm going to speculate that they are going to merge the business units that they can which should drive the expense ratio down which would then drive down the combined ratio down.