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Fairfax Financial Holdings Limited: Financial Results for the Third Quarter
( Note : All dollar amounts in this news release are expressed in U.S...
About this update from Fairfax Financial Holdings Limited
[{"type":"text","content":"Fairfax Financial Holdings Limited: Financial Results for the Third Quarter\n\n\n\n\n\n (\n \n\n\n\n\n Note\n \n\n\n\n\n :\n \n\n\n\n All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited interim consolidated financial statements\n \n\n\n\n for the three and nine months ended September 30, 2025\n \n\n\n\n prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (\"IFRS Accounting Standards\") applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting. This news release contains certain non-GAAP and other financial measures, including underwriting profit (loss), adjusted operating income (loss), gross premiums written, net premiums written,\n \n\n\n\n combined ratio (both discounted and undiscounted), book value per basic share, total debt to total capital ratio excluding non-insurance companies and excess (deficiency) of fair value over carrying value, that do not have a prescribed meaning under IFRS Accounting Standards and may not be comparable to similar financial measures presented by other issuers. See \"Glossary of non-GAAP and other financial measures\" at the end of this news release and in the company's Interim Report\n \n\n\n\n for the three and nine months ended September 30, 2025\n \n\n\n\n for further details.)\n \n\n\n\n TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $1,151.7 million ($52.04 net earnings per diluted share) in the third quarter of 2025 compared to net earnings of $1,030.8 million ($42.62 net earnings per diluted share) in the third quarter of 2024. Book value per basic share at September 30, 2025 was $1,203.65 compared to $1,059.60 at December 31, 2024 (an increase of 15.1% adjusted for the $15 per common share dividend paid in the first quarter of 2025).\n \n\n \"In the third quarter of 2025 we reported increased net earnings, reflecting higher adjusted operating income from our property and casualty insurance and reinsurance operations of $1,343.2 million (or operating income of $1,783.5 million including the benefit of discounting, net of a risk adjustment on claims), as...