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Fairfax Financial Holdings Limited: <a href="https://bitcomme.com/atlanta-braves-holdings-reports-third-quarter-2026-financial-results/" title="Atlanta Braves Holdings Reports Third Quarter 2026 Financial Results“>Financial Results For The Third Quarter
(Note:All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited interim consolidated financial statements for the three and nine months ended September 30, 2026 prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting. This news release contains certain non-GAAP and other financial measures, including underwriting profit (loss), adjusted operating income (loss), gross premiums written, net premiums written,combined ratio (both discounted and undiscounted), book value per basic share, total debt to total capital ratio excluding non-insurance companies and excess (deficiency) of fair value over carrying value, that do not have a prescribed meaning under IFRS Accounting Standards and may not be comparable to similar financial measures presented by other issuers. See “Glossary of non-GAAP and other financial measures” at the end of this news release and in the company’s Interim Report for the three and nine months ended September 30, 2026 for further details.)
TORONTO, Nov. 03, 2026 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $929.6 million ($43.32 net earnings per diluted share) in the third quarter of 2026 compared to net earnings of $1,151.7 million ($52.04 net earnings per diluted share) in the third quarter of 2025. Book value per basic share at September 30, 2026 was $1,349.15 compared to $1,260.19 at December 31, 2025 (an increase of 8.4% adjusted for the $15 per common share dividend paid in the first quarter of 2026).
“In the third quarter of 2026 our property and casualty insurance and reinsurance operations produced adjusted operating income of $1,375.0 million compared with $1,343.2 million in the third quarter of 2025, reflecting continued strong underwriting profit and interest and dividends, and increased share of profit of associates. Our property and casualty insurance and reinsurance companies produced solid underwriting results, reporting an undiscounted consolidated combined ratio of 92.5% and consolidated underwriting profit of $523.9 million, on an undiscounted basis. Gross premiums written increased by 9.3% reflecting growth across our property and casualty insurance and reinsurance companies primarily in our International Insurers and Reinsurers reporting segment, particularly at Gulf Insurance, while net premiums written increased by 5.4%, reflecting disciplined growth across all our reporting segments.
