Northbridge Financial is a wholly-owned subsidiary of Fairfax. Based in Toronto, it provides property and casualty insurance products through its Commonwealth, Federated, Lombard and Markel subsidiaries, primarily in the Canadian market as well as in select U.S. markets. It is one of the largest commercial property and casualty insurers in Canada based on gross premiums written. In 2010, Northbridge's net premiums written were Cdn$1,014.0 million. At year-end, the company had statutory equity of Cdn$1,263.4 million and there were over 1,500 employees.
Northbridge is led by the President and Chief Executive Officer, Ms. Silvy Wright. Silvy has been with Fairfax since 1994.
Head Office
105 Adelaide Street West, Suite 700
Toronto, Ontario, Canada
M5H 1P9
Tel: 416-350-4300
Fax: 416-350-4307
See www.nbfc.com for more information about Northbridge and its subsidiaries.
Ratings
The insurance operating subsidiaries of Northbridge have a financial strength rating of “A” (Excellent) by A.M. Best and “A-” (Strong) by S&P.