Fairfax Financial (FRFHF)

Overall impact
D (32)

Commentary

Fairfax Financial is a below-average overall performer. With a 'D' rating of 31.9 for overall impact (bottom 25% of all companies), Fairfax Financial ranks 71st out of 83 industry peers, behind Allstate, AIG, The Hartford and 67 others, and ahead of Mercury General, White Mountains Insurance, WR Berkley and 9 others. On top material causes for Fairfax Financial's industry (Insurance), Fairfax Financial performs poorly in Sustainable Use of Natural Resources (24.9 score), Free, Secure Flow of Information (0.0), Equal Pay and Opportunity (38.0) and 7 other causes where it received a 'D' or 'F' score. Fairfax Financial did not receive an 'A' rating on any cause.
Impact
Cause FRFHF
Peer rank
Overall impact

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Company
Founded
1951
Employees
51,044
Sector
Financials
Industry
Insurance
Sub-industry
Property & Casualty Insurance
SASB industry
Insurance
Headquarters
On, Canada
Share classes
FRFHF
Description
Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, terrorism, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, automobile, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it franchises, owns, and operates restaurants; retails sports lifestyle products; provides integrated travel and travel-related financial services, as well as advanced digital tools for agriculture; owns and operates holiday resorts; originates, processes, and distributes value-added pulses and staple foods; develops, manages, and invests in hospitality real estate. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.
Material causes
Ethos considers the following causes material for Fairfax Financial, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

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