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Fairfax Announces Completion of Acquisition of Brit Insurance Limited

10/12/2012

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TORONTO, ONTARIO--(Marketwire - Oct. 12, 2012) -

(Note: All dollar amounts in this press release are expressed in Canadian dollars.)

Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that, following receipt of all regulatory approvals, its RiverStone runoff subsidiary has completed the previously announced acquisition of all the outstanding shares of Brit Insurance Limited of London, England from Brit Group.

Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Contact: John Varnell
Company Name: Fairfax Financial Holdings Limited
Contact Title: Vice President, Corporate Development
Phone: (416) 367-4941

Contact: Paul Rivett
Company Name: Fairfax Financial Holdings Limited
Contact Title: Vice President, Operations
Phone: (416) 367-4941