Introduction
Fairfax Financial Holding Limited is a financial services holding company whose corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value.
It provides services in the area of financial services, general insurance, reinsurance, insurance claims management and investment management. Fairfax Group is also one of the shareholders of ICICI Bank Ltd.
Group Companies
Lombard Canada Ltd.
Lombard Canada Ltd, a group company of Fairfax Financial Holdings Limited, is one of Canada's oldest property and casualty insurers. It is a leading insurance management company responsible for providing insurance management services for all of the Lombard group's commercial, personal, and specialized insurance companies. Lombard Canada Ltd. has its head office in Toronto, Canada and has annual sales in excess of $977 million and is a wholly owned subsidiary of Fairfax Financial Holdings Limited (FFH on the TSE).
Lombard Canada Ltd. has achieved a reputation for providing solid underwriting performance, diversified books of business and strong capital positions. It has received an A- rating from A.M. Best Company and claims paying ability received an A+ rating from Duff & Phelps Credit Rating Co.