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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income    
Gross premiums written $ 17,511.2 $ 15,528.3
Net premiums written 13,835.6 12,431.0
Gross premiums earned 16,611.0 15,001.4
Premiums ceded to reinsurers (3,381.3) (2,935.4)
Net premiums earned 13,229.7 12,066.0
Interest and dividends 880.2 783.5
Share of profit of associates 169.6 221.1
Net gains on investments 1,716.2 252.9
Other revenue 5,537.1 4,434.2
Income 21,532.8 17,757.7
Expenses    
Losses on claims, gross 11,758.9 10,598.6
Losses on claims, ceded to reinsurers (3,070.8) (2,775.2)
Losses on claims, net 8,688.1 7,823.4
Operating expenses 2,476.3 2,444.7
Commissions, net 2,206.8 2,051.0
Interest expense 472.0 347.1
Other expenses 5,456.9 4,229.4
Expenses 19,300.1 16,895.6
Earnings before income taxes 2,232.7 862.1
Provision for income taxes 261.5 44.2
Net earnings 1,971.2 817.9
Attributable to:    
Shareholders of Fairfax 2,004.1 376.0
Non-controlling interests (32.9) 441.9
Net earnings $ 1,971.2 $ 817.9
Net earnings per share (in dollars per share) $ 72.80 $ 12.03
Net earnings per diluted share (in dollars per share) 69.79 11.65
Cash dividends paid per share (in dollars per share) $ 10 $ 10.0
Shares outstanding (weighted average) (in shares) 26,901,184 27,505,896