Fairfax Financial Holdings Limited announces 2024 fiscal year net earnings of $3,874.9 million ($160.56 net earnings per diluted share after payment of preferred share dividends) compared to fiscal year 2023 net earnings of $4,381.8 million ($173.24 net earnings per diluted share after payment of preferred share dividends).
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 14, 2025 to discuss its 2024 year-end results, which will be announced after the close of markets on Thursday, February 13, 2025 and will be available at that time on its website at www.fairfax.ca.
Fairfax Financial Holdings Limited, recognizing the severity of the losses caused in Southern California from wildfires in the area, is donating US$1 million to the American Red Cross.
Fairfax Financial Holdings Limited is pleased to announce that, effective January 1, 2025, Brian Young has become the President of Fairfax Insurance Group and Andrew Barnard, who has held this position since 2011, has moved to the role of Chairman of Fairfax Insurance Group.
Fairfax Financial Holdings Limited announces that it has declared a dividend of US$15.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 23, 2025 to shareholders of record on January 16, 2025. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.