Fairfax Financial Holdings Limited is a Canadian multinational investment holding company headquartered in Toronto, Ontario. Founded in 1985 by Prem Watsa, Fairfax specializes in property and casualty insurance and reinsurance, as well as investment management. The company's mission is to achieve long-term growth in book value per share by investing in insurance operations and value-oriented investments worldwide. Fairfax operates through a network of subsidiaries across North America, Asia, Europe, and other regions, making it a significant player in the global insurance and investment landscape.
With over 15,000 employees globally, Fairfax has earned a reputation for prudent risk management, conservative financial practices, and a focus on value investing. In recent years, the company has expanded its footprint through strategic acquisitions and partnerships, including investments in emerging markets and technology ventures. Fairfax's diversified portfolio and disciplined approach have positioned it as a stable and respected force in the financial services industry.
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