Latest news with #PremWatsa
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Fairfax Issues Reminder Regarding Unofficial Communications
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) ('Fairfax') reminds its shareholders and all persons interested in Fairfax that none of Fairfax, Prem Watsa, nor any officer of Fairfax provides financial or investment advice to any person over social media, chat or messaging applications. Prem Watsa does not maintain and has never maintained any online social media accounts. Any social media outlet claiming to represent him or to offer advice on his behalf is fraudulent. Impersonation scams are common, and so one should treat any unsolicited electronic communication that references Fairfax or Prem Watsa with extreme caution. We encourage all persons looking for information about Fairfax and Prem Watsa to consult our press releases, annual reports, interim quarterly reports and annual general meeting materials, all of which are available on our website at . Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. For further information contact: John Varnell, Vice President, Corporate Development at (416) 367-4941
Toronto Star
2 days ago
- Business
- Toronto Star
Fairfax Issues Reminder Regarding Unofficial Communications
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) ('Fairfax') reminds its shareholders and all persons interested in Fairfax that none of Fairfax, Prem Watsa, nor any officer of Fairfax provides financial or investment advice to any person over social media, chat or messaging applications. Prem Watsa does not maintain and has never maintained any online social media accounts. Any social media outlet claiming to represent him or to offer advice on his behalf is fraudulent. Impersonation scams are common, and so one should treat any unsolicited electronic communication that references Fairfax or Prem Watsa with extreme caution.
Yahoo
2 days ago
- Business
- Yahoo
Fairfax Issues Reminder Regarding Unofficial Communications
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) ('Fairfax') reminds its shareholders and all persons interested in Fairfax that none of Fairfax, Prem Watsa, nor any officer of Fairfax provides financial or investment advice to any person over social media, chat or messaging applications. Prem Watsa does not maintain and has never maintained any online social media accounts. Any social media outlet claiming to represent him or to offer advice on his behalf is fraudulent. Impersonation scams are common, and so one should treat any unsolicited electronic communication that references Fairfax or Prem Watsa with extreme caution. We encourage all persons looking for information about Fairfax and Prem Watsa to consult our press releases, annual reports, interim quarterly reports and annual general meeting materials, all of which are available on our website at Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. For further information contact: John Varnell, Vice President, Corporate Development at (416) 367-4941
Bloomberg
03-07-2025
- Business
- Bloomberg
Greece's Painful Decade of Rehabilitation Rewards the Believers
In late September 2015, Canadian investor Prem Watsa gathered 75 or so employees and their spouses at Costa Navarino, a luxurious seaside resort in the Peloponnese, to mark his company's 30th anniversary. Greece was perhaps a peculiar choice to fly people in for a celebration. The country had just spent eight months in the global spotlight as a tense standoff with its creditors had pushed it to the brink of a potentially chaotic default and exit from Europe's currency union, the euro. But that year alone, Watsa's firm, Fairfax Financial Holdings, had increased its positions.
NDTV
27-06-2025
- Business
- NDTV
Fairfax Appoints Amitabh Kant As Senior Advisor In India
New Delhi: Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. In a statement, Fairfax said former G20 Sherpa Mr. Kant's extensive expertise in economic development, innovation, and sustainable growth is expected to significantly benefit the company's long-term investment approach in India. As India is pursuing an ambitious roadmap toward becoming a developed economy by 2047, Fairfax expects many opportunities for it and its affiliates, including Fairfax India Holdings Corporation (Fairfax India) to participate and benefit from the 'Viksit Bharat' initiative, which aims to help India transition from a USD 4 trillion economy to a USD 30-plus trillion powerhouse, according to the statement. Fairfax Chairman and Chief Executive Officer Prem Watsa said, "We are truly excited to welcome Amitabh to our Fairfax family."Mr. Kant was a key figure during India's G20 presidency, culminating in the historic New Delhi Leaders' Declaration. As CEO of NITI Aayog, he was a driving force behind the Aspirational Districts Programme, which uplifted some of India's most disadvantaged regions, the company said. His tenure as Secretary of the Department of Promotion of Industry and Internal Trade (DPIIT) saw pivotal reforms, including the Make in India and Startup India campaigns, significantly improving ease of doing business rankings by 79 places, the company said, adding that his work in promoting tourism with the 'Incredible India' campaign showcased his keen understanding of the power of cultural and economic integration. Fairfax is a holding company, which through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance as well as associated investment management.
