|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||12.19 - 12.19|
|52-week range||5.87 - 12.19|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||0.15|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Funding a great investment portfolio with lots of cash from insurance is much harder than it sounds.
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" and the various Long-Term Issue Credit Ratings (Long-Term IR) on the unsecured debt and preferred equity of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada). AM Best also has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of "a+" of the subsidiaries of Odyssey Group Holdings, Inc. (Odyssey Group). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of "a" of the members of the Crum & Forster Insurance Group (C&F), the members of the Zenith National Insurance Group (Zenith Group), the members of Northbridge Financial Corporation (Northbridge) (Toronto, Canada) and Wentworth Insurance Company Limited (Wentworth) (Barbados). In addition, AM Best has affirmed the Long-Term ICRs of "bbb" and the Long-Term IRs of Zenith National Insurance Corp. (headquartered in Woodland Hills, CA) and Fairfax (US) Inc. (Delaware), both of which are indirectly, wholly owned downstream holding companies of Fairfax. The outlook of all of these Credit Ratings (ratings) is stable. (See link below for a detailed listing of the companies and ratings.)
Global real estate investment company Kennedy Wilson (NYSE: KW) and Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) ("Fairfax") have closed on a $63 million loan for a newly constructed multifamily community in the Boulder, Colorado region. The senior bridge loan is the first to close in a recently launched $2 billion platform that pursues first mortgage loans secured by high-quality real estate in the Western U.S., Ireland and the U.K.