Fairfax Q2 FY26 net earnings attributable to shareholders slip 3.1% to USD 1.39 billion
Reuters2026/07/30 21:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Fairfax posted Q2 net earnings attributable to shareholders of USD 1.39 billion, down 3.06%, or USD 63.38 per diluted share.
- Book value per basic share rose 4.8% to USD 1,304.39 at June 30, adjusted for the USD 15 dividend paid in Q1.
- Property and casualty underwriting profit increased to USD 458.6 million; the undiscounted combined ratio improved 0.2 percentage points to 93.1%.
- Net gains on investments fell to USD 768.9 million, driven by USD 743.8 million of gains on equity exposures, including a USD 838.4 million Poseidon sale gain.
- During the quarter, Fairfax repurchased 680,307 subordinate voting shares for cancellation for USD 1.09 billion, or USD 1,601 per share.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fairfax Financial Holdings Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301702PRIMZONEFULLFEED9801294) on July 30, 2026, and is solely responsible for the information contained therein.
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