This insurance is particularly important for start-ups.
Term life new premium falls two per cent while all other categories surge ahead in 2024.
Fairfax Financial reports more than US$1.1 billion in catastrophe losses in 2024.
Changes clarify the need for certain licenses, as well as intermediaries’ cyberattack obligations.
The company reaffirms its intention to use its financial capacity to make acquisitions.
The company attributes this unfavorable result to part of its U.S. healthcare portfolio.
Two products can provide the liquidity to buy back the shares of a partner who has become disabled.