Polish Re (Polskie Towarzystwo Reasekuracji) is a wholly-owned subsidiary of Fairfax. Based in Warsaw, Poland, it writes reinsurance business in the Central and Eastern European regions. In 2010, Polish Re's net premiums written were PLN 205.2 million (approximately PLN 3.0 = US$1). At year-end, the company had shareholders’ equity of PLN 238.0 million and there were approximately 45 employees.

Polish Re specializes strictly in the reinsurance business in Poland and is also helping to develop the insurance markets of Central and Eastern Europe. Polish Re operates in 40 markets, where it has over 200 clients. It has been operating in the insurance market since June 1996.

Polish Re is led by the Chief Executive Officer, Mr. Marek Czerski. Marek has been the CEO of Polish Re since 2006 and a part of Fairfax since the acquisition of Polish Re in 2008.