The company’s principal operating subsidiaries are presented in the tables below. During 2025 Ki completed its separation from its parent company Brit, and the company deconsolidated The Keg and Boat Rocker as described in note 21. Excluded from these tables are intermediate holding companies of investments in subsidiaries and intercompany balances that are eliminated on consolidation.
| | | | | |
| | | | Fairfax’s ownership | |
| | | | (100% other than as | |
December 31, 2025 | | Domicile | | shown below) | |
Property and casualty insurance and reinsurance | | | | | |
North American Insurers | | | | | |
Northbridge Financial Corporation (Northbridge) | | Canada | | | |
Crum & Forster Holdings Corp. (Crum & Forster) | | United States | | | |
Zenith National Insurance Corp. (Zenith National) | | United States | | | |
Global Insurers and Reinsurers | | | | | |
Odyssey Group Holdings, Inc. (Odyssey Group) | | United States | | 90.0 | % |
Brit Group Holdings Limited (Brit) | | England and Wales | | | |
Ki Financial Limited (Ki) | | England and Wales | | 20.0 | % (1) |
Allied World Assurance Company Holdings, Ltd (Allied World) | | Bermuda | | 83.4 | % |
International Insurers and Reinsurers | | | | | |
Fairfax Central and Eastern Europe, which consists of: | | | | | |
Polskie Towarzystwo Reasekuracji Spólka Akcyjna (Polish Re) | | Poland | | | |
Colonnade Insurance S.A. (Colonnade Insurance) | | Luxembourg | | | |
FFH Ukraine Holdings (Fairfax Ukraine), which consists of: | | Ukraine | | | |
ARX Insurance Company (ARX Insurance) | | Ukraine | | | |
Private Joint Stock Company Insurance Company Universalna (Universalna) | | Ukraine | | | |
Fairfax Latin America, which consists of: | | | | | |
Fairfax Brasil Seguros Corporativos S.A. (Fairfax Brasil) | | Brazil | | | |
La Meridional Compañía Argentina de Seguros S.A. (La Meridional Argentina) | | Argentina | | | |
SBS Seguros Colombia S.A. (Southbridge Colombia) | | Colombia | | | |
SBI Seguros Uruguay S.A. (Southbridge Uruguay) | | Uruguay | | | |
Southbridge Compañía de Seguros Generales S.A. (Southbridge Chile) | | Chile | | | |
Bryte Insurance Company Ltd (Bryte Insurance) | | South Africa | | | |
Eurolife FFH General Insurance Single Member S.A. (Eurolife General) | | Greece | | 80.0 | % |
Gulf Insurance Group K.S.C.P. (Gulf Insurance) | | Kuwait | | 97.1 | % |
| | | | | |
Group Re, which underwrites business in: | | | | | |
CRC Reinsurance Limited (CRC Re) | | Barbados | | | |
Wentworth Insurance Company Ltd. (Wentworth) | | Barbados | | | |
Connemara Reinsurance Company Ltd. (Connemara) | | Barbados | | | |
| | | | | |
Fairfax Asia, which consists of: | | | | | |
Falcon Insurance Company (Hong Kong) Limited (Falcon) | | Hong Kong | | | |
The Pacific Insurance Berhad (Pacific Insurance) | | Malaysia | | 85.0 | % |
PT Asuransi Multi Artha Guna Tbk (AMAG Insurance) | | Indonesia | | 80.9 | % |
Fairfirst Insurance Limited (Fairfirst Insurance) | | Sri Lanka | | | |
The Falcon Insurance Public Company Limited (Falcon Thailand) | | Thailand | | 99.8 | % |
Singapore Reinsurance Corporation Limited (Singapore Re) | | Singapore | | | |
| | | | | |
Life insurance and Run-off | | | | | |
Eurolife FFH Insurance Group Holdings S.A. (Eurolife) | | Greece | | 80.0 | % |
Run-off, which is principally comprised of: | | | | | |
U.S. Run-off: TIG Insurance Company (TIG Insurance) | | United States | | | |
| | | | | |
Investment management | | | | | |
Hamblin Watsa Investment Counsel Ltd. (Hamblin Watsa) | | Canada | | | |
| | | | | | |
| | | | Fairfax’s | | |
December 31, 2025 | | Domicile | | ownership | | Primary business |
Non-insurance companies | | | | | | |
| | | | | | |
Restaurants and retail | | | | | | |
Recipe Unlimited Corporation (Recipe) | | Canada | | 100.0 | % | Franchisor, owner and operator of restaurants |
Sleep Country Canada Inc. (Sleep Country) | | Canada | | 100.0 | % | Specialty sleep retailer |
Sporting Life Group Limited (Sporting Life Group) | | Canada | | 88.0 | % | Canadian sports lifestyle retail organization |
| | | | | | |
Fairfax India | | | | | | |
Fairfax India Holdings Corporation (Fairfax India) | | Canada | | 42.9 | % (1) | Invests in public and private Indian businesses |
| | | | | | |
Thomas Cook India | | | | | | |
Thomas Cook (India) Limited (Thomas Cook India), which owns: | | India | | 64.5 | % | Provider of integrated travel and travel-related financial services |
100.0% of Sterling Holiday Resorts Limited (Sterling Resorts) | | India | | 64.5 | % | Owner and operator of holiday resorts |
| | | | | | |
Other | | | | | | |
AGT Food and Ingredients Inc. (AGT) | | Canada | | 65.7 | % (2) | Originator, processor and distributor of value-added pulses and staple foods |
Dexterra Group Inc. (Dexterra Group) | | Canada | | 50.4 | % | Provider of infrastructure support services |
Farmers Edge Inc. (Farmers Edge) | | Canada | | 70.5 | % | Provider of advanced digital tools for agriculture |
Grivalia Hospitality S.A. (Grivalia Hospitality) | | Greece | | 83.6 | % | Hospitality real estate investor, developer and manager |
Meadow Foods Limited (Meadow Foods) | | England and Wales | | 94.7 | % | Provider of value-added milk, fats, fresh confectionery and plant-based bulk ingredients |
Peak Achievement Athletics Inc. (Peak Achievement) | | Canada | | 100.0 | % | Designer, manufacturer and distributor of performance sports equipment and related apparel and accessories |