FRFHF Stock Recent News

YTD book value per share increased 16.4% before dividends and 15% ex-dividends. YTD gross premiums written up 7.5% with a combined ratio of ~94%. Management has repurchased an additional 1% of the company since the start of the year.

Investors are not appreciating Fairfax's earning power due to their focus on historical issues. Fairfax has the potential for a P/B multiple re-rating in the range of 1.25x - 1.50x, leading to a 2x - 3x return on investment over the next 5 years. The company's insurance business has grown 3x and its fixed income portfolio is well-positioned in the current interest rate environment.

Fairfax Financial Holdings has outperformed the S&P 500 by an impressive margin, rallying 66% in the past year. The company's investment portfolio is structured to benefit from high interest rates, resulting in strong growth of interest and dividend income. Despite its recent rally, Fairfax remains cheaply valued, with a price-to-earnings ratio of only 6.0.

Fairfax Financial Holdings is a Canadian $17.6-billion market cap holding company focused on insurance, reinsurance, and investment management. Despite all the difficulties, Fairfax was able to increase its gross premium by 16% year-on-year in FY2022 on a consolidated basis.

Fairfax Financial Holdings Limited (OTCPK:FRFHF) Q4 2022 Earnings Conference Call February 17, 2023 8:30 AM ET Company Participants Derek Bulas - Assistant Vice President, Legal Prem Watsa - Chairman & CEO Peter Clarke - President & COO Jen Allen - CFO Conference Call Participants Nik Priebe - CIBC Capital Markets Tom MacKinnon - BMO Capital Mark Dwelle - RBC Capital Markets Jaeme Gloyn - National Bank Financial Operator Good morning. Welcome to Fairfax's 2022 Year-End Results Conference Call.

TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 17, 2023 to discuss its 2022 year-end results, which will be announced after the close of markets on Thursday, February 16, 2023 and will be available at that time on its website at www.fairfax.ca. The call, consisting of a presentation by the company followed by a question period, may be accessed at 1 (888) 390-0867 (Canada and U.S.) or 1 (212) 547-0141 (International) with the passcode “FAIRFAX”.

Fairfax Financial Holdings Limited (OTCPK:FRFHF) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Derek Bulas - Assistant Vice President, Legal Prem Watsa - Chairman and CEO Peter Clarke - President and COO Jen Allen - Chief Financial Officer Conference Call Participants Tom MacKinnon - BMO Capital Mark Dwelle - RBC Capital Markets Howard Flinker - Flinker & Company Operator Good morning. And welcome to Fairfax's Third Quarter Results Conference Call.

Fairfax Financial's reputation suffered in the past from a period of poor underwriting operations and a complex approach to investing. Any underwriting issues have long been corrected and a fixed income portfolio with little duration has emerged as a key competitive advantage.

Fairfax Financial Holdings Limited (OTCPK:FRFHF) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Derek Bulas - Assistant Vice President, Legal Prem Watsa - Chairman and Chief Executive Officer Peter Clarke - Vice President and Chief Operating Officer Jen Allen - Vice President and Chief Financial Officer Conference Call Participants Nik Prieb - CIBC Capital Markets Tom MacKinnon - BMO Capital Mark Dwelle - RBC Capital Markets Jaeme Gloyn - National Bank Financial Howard Flinker - Flinker & Co. Operator Welcome to Fairfax's Second Quarter Results Conference Call. [Operator Instructions] Today's conference is being recorded.

Fairfax just sold its pet insurance business to JAB, a consumer-focused holding company, for USD 1.4bn and the market barely took notice. The transaction was 53% of Crum & Forster 2021 equity and included its pet insurance business and Fairfax's Pethealth division.