Fairfax Financial traded at 2,253.56 this Monday August 17th, decreasing 18.61 or 0.82 percent since the previous trading session. Looking back, over the last four weeks, Fairfax Financial lost 2.34 percent. Over the last 12 months, its price fell by 6.09 percent. Looking ahead, we forecast Fairfax Financial to be priced at 2,221.96 by the end of this quarter and at 2,077.87 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fairfax Financial Holdings Limited (Fairfax) is a holding company. The Company, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management. Fairfax subsidiaries provide a full range of property and casualty products, maintaining a diversified portfolio of risks across all classes of business, geographic regions, and types of insureds. Its segments include Insurance and Reinsurance, Non-insurance, and Corporate and Other. The Insurance and Reinsurance segment includes Northbridge Financial Corporation, Odyssey Re Holdings Corp., and Crum & Forster Holdings Corp. The Company's Non-insurance segment includes Cara Operations Limited (Cara), Eurobank Ergasias Services & Holdings S.A., Atlas Corp., Bangalore International Airport Limited and Quess Corp Limited. Corporate and Other segment includes the parent entity (Fairfax Financial Holdings Limited) and its subsidiary intermediate holding companies.