Ratings watch reflects recent uncertainty, Fitch says
Subpoena also issued to firm’s auditors
Negative outlook reflects filing delays at Odyssey Re
Insurer to delay release of annual report
Odyssey unit to restate financial results
Insurer absorbs hurricane losses
Fairfax Financial Holdings Ltd. reported a wider loss in the the third quarter due to charges incurred by hurricanes Katrina and Rita.After markets closed Thursday, the Toronto-based insurance holding company reported a loss of US$220 million, or US$13.83 a share, for the quarter ended September 30.That was double the loss of US$109.4 million, or US$8.08 […]
No subpoena received form U.S. attorney’s office
Will issues shares to institutional investors
Loss-mitigation probe continues