Premiums and deposits also rose by 22% in 2024 compared to the previous year.

Fairfax Financial reports more than US$1.1 billion in catastrophe losses in 2024.

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.

The company achieved better results, compared to 2023, in all its business units.

The company published its quarterly and annual results on Feb. 6, 2025.

The big three insurers in the Canadian market accounted for 74.2% of total insurance revenues in Canada in 2023.