Fairfax P&C operations increase UW profit by 34% despite higher cat losses

Published: Fri 1 Nov 2024
Fairfax Financial’s P&C operations delivered Q3 underwriting profits that grew by 34 percent to $389.7mn with a consolidated combined ratio that narrowed from 95.0 percent to 93.9 percent, including a sub-90 performance from Allied World as well as improvements from Crum & Forster and Odyssey.