11-02-2019 Fairfax Financial Holdings has told shareholders to expect strong underwriting performance from its re/insurance operations when it releases its first quarter of 2021 financial results. Fairfax released preliminary indications of some Q1 results, which suggest Fairfax’s group re/insurance operations achieved a consolidated combined ratio of around 96 percent. In Q1 2020 Fairfax reported a consolidated combined ratio of 96.8 percent for its re/insurance businesses. Fairfax, a holding company with subsidiaries engaged in property and casualty re/insurance, said its businesses had also enjoyed strong growth in gross premiums written in Q1 of approximately 17 percent, to approximately $5.5 billion, as well as favourable reserve development.