Fairfax Financial Holdings Ltd 6-K, filed Feb 22, 2023
Fairfax Financial Holdings Ltd (FRFHF)
About this 6-K
Fairfax Financial Holdings Ltd filed this 6-K on February 22, 2023.
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
| For the month of: February 2023 | Commission File Number: 001-31556 |
FAIRFAX
FINANCIAL HOLDINGS LIMITED
(Name of Registrant)
95
Wellington Street West
Suite 800
Toronto, Ontario
Canada M5J 2N7
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F ¨ | Form 40-F x |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
EXHIBIT INDEX
| Exhibit | Description of Exhibit | |
| 99.1 | Press Release dated February 21, 2023 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| FAIRFAX FINANCIAL HOLDINGS LIMITED | |||
| Date: February 21, 2023 | By: | /s/ Derek Bulas | |
| Name: | Derek Bulas | ||
| Title: | Vice President and Chief Legal Officer | ||
Exhibit 99.1
FAIRFAX News Release
TSX Stock Symbol: FFH and FFH.U
TORONTO, February 21, 2023
PERSONNEL ANNOUNCEMENTS
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) is pleased to announce that, in connection with recent management changes at Odyssey Group, Brian Young, CEO of Odyssey Group, will begin to share oversight responsibilities with Andy Barnard, President of Fairfax Insurance Group, over all of Fairfax’s insurance and reinsurance operations.
Brian Young will continue as CEO of Odyssey Group and, effective April 1, 2023, Carl Overy, presently CEO of Odyssey’s London Market Division, will become CEO of Odyssey’s Global Reinsurance Business. Bob Pollock, presently head of Odyssey’s U.S. Financial Lines, Cyber and Worker’s Compensation business, will become CEO of Odyssey’s London Market Division and report to Carl. Carl will report to Brian in his continuing capacity as CEO of Odyssey Group.
Prem Watsa, Chairman and CEO of Fairfax, commented: “Odyssey Group has thrived under Brian Young’s leadership over the past 12 years. We are delighted with these promotions, which attest to the strength of talent at Odyssey Group and will position the company to continue to grow profitability over the long term. While Brian continues as CEO of Odyssey Group, we are thrilled that he will begin to work more closely with Andy Barnard and share oversight responsibilities over all of our insurance and reinsurance operations. Since Andy first assumed this oversight role in 2011, Fairfax has profitably expanded almost fivefold. Our continued success will benefit from Brian’s expertise.”
Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.
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| For further information contact: | John Varnell, Vice President, Corporate Development at (416) 367-4941 |
FAIRFAX FINANCIAL HOLDINGS LIMITED
95 Wellington Street West, Suite 800, Toronto, Ontario, M5J 2N7 Telephone: 416-367-4941 Facsimile: 416-367-4946