Company: FRFXF
Filing Date: 2025-03-26
Form Type: 424B3
Source: 0001104659-25-028272
Chunk: 10

Company: FAIRFAX FINANCIAL HOLDINGS LTD/ CAN
Filing Date: 2025-03-26
Form: 424B3
Chunk 10
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 casualty and specialty insurance and reinsurance. See “—Property and Casualty Insurance and Reinsurance” below. We conduct our business through the following segments, with each of our continuing operations maintaining a strong position in its respective markets. Property and Casualty Insurance and Reinsurance Our reinsurance business is conducted through Odyssey Group, Group Re, Brit, Ki Insurance, Allied World, Polish Re and Singapore Reinsurance Corporation Limited (“ Singapore Re”). Odyssey Group, our 90.0%-owned subsidiary, is a U.S. based underwriter of a full range of property and casualty reinsurance on a global basis. Group Re primarily constitutes the participation by our wholly-owned subsidiaries CRC Reinsurance Limited, Wentworth Insurance Company Ltd. and Connemara Reinsurance Company Ltd. (all based in Barbados) in the reinsurance of Fairfax’s subsidiaries by quota share or through participation in those subsidiaries’ third-party reinsurance programs on the same terms and pricing as the third-party reinsurers. Group Re also writes third-party business. Brit, our wholly-owned subsidiary based in England and Wales, is a market-leading global Lloyd’s of London specialty insurer and reinsurer. Ki Insurance, our 20.0%-owned subsidiary based in England and Wales, is a fully digital Lloyd’s of London syndicate that algorithmically underwrites property, casualty and specialty reinsurance. Allied World, our 83.4%-owned subsidiary based in Bermuda, is a global property, casualty and specialty reinsurer. Polish Re, based in Warsaw, Poland, writes reinsurance business in the Central and Eastern European regions. Singapore Re, based in Singapore, is a general reinsurance company providing reinsurance coverage in the Asia region. We also hold a 47.7% interest in Thai Reinsurance Public Company Limited (a provider of reinsurance and insurance services based in Bangkok, Thailand). Our insurance business is conducted through Northbridge (Canadian insurance), Crum & Forster (U.S. property and casualty insurance), Zenith National (U.S. workers’ compensation insurance), Odyssey Group, Brit, Ki Insurance and Allied World (global insurance), Fairfax Asia (Asian insurance), Fairfax Latam (South American insurance), Bryte (South African insurance), Fairfax Brasil (Brazilian insurance), Colonnade (Central and Eastern European insurance), and Fairfax Ukraine (Ukrainian property and casualty insurance). We also hold a 97.1% interest in GIG (a Kuwait company with property and casualty insurance operations in the MENA region). Northbridge provides commercial and personal lines property