v3.25.4
Financial Risk Management - Market Risk - Equity and equity-related holdings (Details)
€ in Millions, shares in Millions, $ in Millions, $ in Millions
12 Months Ended
Mar. 28, 2025
USD ($)
Dec. 20, 2024
USD ($)
Nov. 01, 2024
USD ($)
Dec. 31, 2025
USD ($)
shares
Dec. 31, 2025
CAD ($)
Dec. 31, 2025
EUR (€)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
Financial Risk Management.                
Investments in associates, at fair value       $ 11,057.7     $ 8,144.8  
Net gains (losses) on investments       3,151.4     1,067.2  
Sales of investments in associates       630.0     682.7  
Orla Mining Limited                
Financial Risk Management.                
Sales of investments in associates       316.5 $ 441.1      
Peak Achievement Athletics                
Financial Risk Management.                
Proportion of ownership interest in subsidiary   100.00%           42.60%
Gain on remeasurement of previously held equity interest   $ 203.4            
Common stocks                
Financial Risk Management.                
Net gains (losses) on investments       1,491.2     296.8  
Bonds and preferred stocks - convertible                
Financial Risk Management.                
Net gains (losses) on investments       178.7     14.6  
Equity price risk                
Financial Risk Management.                
Investments in associates, at fair value       13,154.4     9,997.9  
Exposure/Notional amount       26,600.2     20,347.3  
Carrying value       21,015.2     16,855.0  
Net gains (losses) on investments       3,050.1     1,859.0  
Equity price risk | Eurolife Life Operations                
Financial Risk Management.                
Notional amount of long equity exposures classified as held for sale       200.7        
Equity price risk | Stelco                
Financial Risk Management.                
Aggregate consideration received     $ 638.1          
Gain on sale of associate     $ 343.7          
Equity price risk | Sigma companies international corp                
Financial Risk Management.                
Aggregate consideration received $ 327.1              
Gain on sale of associate $ 178.7              
Equity price risk | Eurobank                
Financial Risk Management.                
Gain on sale of associate       $ 58.5        
Number of shares sold | shares       96.9        
Sales of investments in associates       $ 248.5   € 232.9    
Equity price risk | Common stocks                
Financial Risk Management.                
Exposure/Notional amount       9,371.1     7,487.8  
Carrying value       9,371.1     7,487.8  
Net gains (losses) on investments       $ 1,491.2     296.8  
Equity price risk | Common stocks | Orla Mining Limited                
Financial Risk Management.                
Number of shares sold | shares       25.0        
Sales of investments in associates       $ 316.5 $ 441.1      
Net realized gain       228.1        
Unrealized gain from prior years recognized upon the sale of an associate       52.5        
Equity price risk | Bonds and preferred stocks - convertible                
Financial Risk Management.                
Exposure/Notional amount       417.1     273.6  
Carrying value       417.1     273.6  
Net gains (losses) on investments       178.7     14.6  
Equity price risk | Investments in associates                
Financial Risk Management.                
Exposure/Notional amount       13,154.4     9,997.9  
Carrying value       9,138.2     7,972.8  
Net gains (losses) on investments       233.8     575.5  
Equity price risk | Equity derivatives                
Financial Risk Management.                
Exposure/Notional amount       3,657.6     2,588.0  
Carrying value       2,088.8     1,120.8  
Net gains (losses) on investments       1,048.5     939.3  
Equity price risk | Long equity total return swaps on Fairfax subordinate voting shares                
Financial Risk Management.                
Net gains (losses) on investments       840.6     1,033.5  
Equity price risk | Other                
Financial Risk Management.                
Net gains (losses) on investments       $ 97.9     $ 32.8