Alltrust Insurance Company of China is owned 15% by Fairfax. Alltrust provides a full spectrum of primary insurance products and services in China, including property insurance, liability insurance, surety bonds, short-term health insurance, accident insurance, motor insurance and reinsurance.

Alltrust is headquartered in Shanghai and was established in September 2004 by a group of large Chinese power conglomerates and industrial groups, including five of China’s largest power groups that generate over 45% of the country’s power supply.

Alltrust has been profitable since its inception and has over RMB 1.6 billion in capital. The company has a national network across China with 27 provincial branches and 162 sub-branches and over 4,000 employees. As of 2009, Alltrust’s annual gross written premium was in excess of RMB 4.1 billion.

Alltrust is led by the Chairman and Chief Executive Officer, Mr. Henry Du. Mr. Du has been with Alltrust since inception.