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Fairfax Financial Holdings (Fairfax Financial Holdings) Combined Ratio % : 0.00% (As of . 20)


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What is Fairfax Financial Holdings Combined Ratio %?

Combined Ratio % is a profitability metric of an insurance company to measure its performance in daily operations. It measures the money flowing out of an insurance company in the form of dividends, expenses, and losses.

Fairfax Financial Holdings's Combined Ratio % for the annual that ended in Dec. 2023 was 94.60% , which is lower than 95.60% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Fairfax Financial Holdings's Combined Ratio % or its related term are showing as below:

FRFHF's Combined Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Combined Ratio % only.

Fairfax Financial Holdings Combined Ratio % Historical Data

The historical data trend for Fairfax Financial Holdings's Combined Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fairfax Financial Holdings Combined Ratio % Chart

Fairfax Financial Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Combined Ratio %
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Expense Ratio %
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Claims Ratio %
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Competitive Comparison of Fairfax Financial Holdings's Combined Ratio %

For the Insurance - Property & Casualty subindustry, Fairfax Financial Holdings's Combined Ratio %, along with its competitors' market caps and Combined Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fairfax Financial Holdings  (OTCPK:FRFHF) Combined Ratio % Calculation

Combined Ratio % is calculated as:

Combined Ratio %=( Incurred Losses + Expenses ) / Earned Premium * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fairfax Financial Holdings  (OTCPK:FRFHF) Combined Ratio % Explanation

Combined Ratio % measures the money flowing out of an insurance company in the form of dividends, expenses and losses. A ratio below 100 percent suggests that the company is making an underwriting profit, while a ratio above 100 percent means that it paid more in the claim than it received. However, a ratio above 100 percent does not necessarily mean the company is losing money because the investment income is not included in the calculation.

Compared to Claims Ratio % and Expense Ratio %, the combined ratio is most important because it provides a comprehensive measure of an insurer's profitability.


Fairfax Financial Holdings Combined Ratio % Related Terms

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Fairfax Financial Holdings (Fairfax Financial Holdings) Business Description

Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.

Fairfax Financial Holdings (Fairfax Financial Holdings) Headlines