The rating agency cautions that the market remains untested
The firm says the acquisition will make it a North American leader in specialty insurance
The sector is expected to rebound from the record losses related to the Fort McMurray wildfires last year, Fitch Ratings reports
Insured damage for 2016 topped $4.9 billion
The Switzerland-based insurer will continue to be run by Scott Carmilani
The acquisitions will expand Fairfax’s footprint in Latin America significantly and builds on the company’s current expansion in Eastern Europe
Cyber-related insurance coverage is expected to represent a significant growth opportunity for insurers
There are more than 27,000 personal property claims, with each one averaging $81,000
Two companies in the P&C sector are worth a look. These firms' prospects are good and the shares are reasonably priced
The Fort McMurray wildfire will likely turn out to be Canada’s most expensive natural disaster, Fitch Ratings report predicts