Sign In  |  Register  |  About Los Altos  |  Contact Us

Los Altos, CA
September 01, 2020 1:26pm
7-Day Forecast | Traffic
  • Search Hotels in Los Altos

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Fairfax Financial Holdings Limited: First Quarter Financial Statements

TORONTO, March 15, 2023 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U), as required by applicable accounting rules, on January 1, 2023 adopted the new accounting standard for insurance contracts (“IFRS 17”) which brings considerable changes to the recognition, measurement, presentation and disclosure of the company’s insurance contracts. IFRS 17 will first be presented in the company’s consolidated financial reporting for the first quarter of 2023, which will include as well the following comparative restated consolidated financial information: an opening balance sheet as at January 1, 2022, a balance sheet as at December 31, 2022 and a statement of earnings for the first quarter of 2022.

Fairfax’s first quarter of 2023 consolidated financial statements will be released after the close of markets on Thursday, May 11.  

Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

For further information contact:        John Varnell, Vice President, Corporate Development at (416) 367-4941


Primary Logo

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 LosAltos.com & California Media Partners, LLC. All rights reserved.