XML 121 R103.htm IDEA: XBRL DOCUMENT v3.20.4
Borrowings - Additional Information (Details)
12 Months Ended
Mar. 03, 2021
USD ($)
Mar. 01, 2021
USD ($)
Jun. 26, 2020
USD ($)
Apr. 29, 2020
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Mar. 05, 2021
USD ($)
Mar. 01, 2021
CAD ($)
Feb. 26, 2021
USD ($)
Jan. 01, 2021
USD ($)
Jan. 01, 2021
CAD ($)
Dec. 31, 2020
CAD ($)
Dec. 31, 2020
GBP (£)
Dec. 09, 2020
GBP (£)
Dec. 08, 2020
May 29, 2020
CAD ($)
Mar. 31, 2020
USD ($)
Feb. 21, 2020
CAD ($)
Dec. 31, 2019
CAD ($)
Jun. 28, 2019
USD ($)
Dec. 31, 2018
USD ($)
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         $ 8,849,000,000.0 $ 7,261,000,000.0                              
Borrowings         $ 8,814,000,000.0 7,232,600,000                              
Maximum ratio of consolidated debt to consolidated capitalization         0.35                                
Required minimum of shareholders' equity balance         $ 9,500,000,000                                
Equity attributable to owners of parent         13,856,600,000 14,378,100,000                              
Interest expense on borrowings         413,100,000 404,200,000                              
Interest expense on lease liabilities         62,800,000 67,800,000                              
Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         8,814,000,000.0 7,232,600,000                             $ 6,480,400,000
Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         5,613,000,000.0 4,148,700,000                              
Borrowings         5,580,600,000 4,117,300,000                              
Holding company cash and investments | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         5,580,600,000 4,117,300,000                             3,859,500,000
Non-insurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         2,210,800,000 2,084,200,000                              
Repayments of non-current borrowings         82,500,000 308,500,000                              
Borrowings         2,200,000,000.0 2,075,700,000                              
Non-insurance companies | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         2,200,000,000.0 2,075,700,000                             1,625,200,000
Insurance and reinsurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         1,025,200,000 1,028,100,000                              
Borrowings         1,033,400,000 1,039,600,000                              
Insurance and reinsurance companies | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         1,033,400,000 1,039,600,000                             $ 995,700,000
4.625% Unsecured Senior Notes Due April 29, 2030                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount       $ 650,000,000.0                                  
Interest rate       4.625%                                  
Net proceeds from borrowings       $ 645,000,000.0                                  
Repayments of non-current borrowings         500,000,000.0                                
Borrowing costs incurred       $ 5,000,000.0                                  
The credit facility                                          
Disclosure of detailed information about borrowings [line items]                                          
Repayments of non-current borrowings         1,070,000,000.0                                
The credit facility | Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Current borrowings                                 $ 1,770,000,000.0        
Revolving credit facility available         $ 2,000,000,000.0                                
Debt to consolidated capitalization ratio, actual         0.306             0.306 0.306                
Fairfax India Floating Rate Term Loan Due June 2019 | Non-insurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount     $ 550,000,000.0     550,000,000.0                           $ 550,000,000.0  
Repayments of non-current borrowings     $ 500,000,000.0                                    
Fairfax India Floating Rate Term Loan Due June 2019 | Non-insurance companies | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         $ 547,200,000 547,200,000                              
AGT Floating Rate Secured Senior Credit Facility Due March 2020                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount                                   $ 525,000,000.0      
Borrowings         440,500,000 386,900,000           $ 561,200,000             $ 501,700,000    
Dexterra Floating Rate Revolving Credit Facility Due December 2022 | Non-insurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount                               $ 175,000,000.0          
Revolving Credit Facility | Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         700,000,000.0 0                              
Revolving Credit Facility | Holding company cash and investments | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         700,000,000.0 0                              
5.84% due October 14, 2022 (Cdn$450.0) | Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         $ 350,100,000 343,900,000           $ 446,000,000.0                  
Interest rate         5.84%             5.84% 5.84%                
5.84% due October 14, 2022 (Cdn$450.0) | Holding company cash and investments | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         $ 351,100,000 345,900,000                              
4.50% due March 22, 2023 (Cdn$400.0) | Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         $ 314,000,000.0 308,500,000           $ 400,000,000.0                  
Interest rate         4.50%             4.50% 4.50%                
4.50% due March 22, 2023 (Cdn$400.0) | Holding company cash and investments | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         $ 312,900,000 307,000,000.0                              
Brit 3.6757% subordinated notes due December 9, 2030 (£135.0) | Insurance and reinsurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount         $ 184,500,000 178,800,000             £ 135,000,000.0 £ 135,000,000.0              
Interest rate         3.6757%             3.6757% 3.6757% 3.6757% 6.625%            
Brit 3.6757% subordinated notes due December 9, 2030 (£135.0) | Insurance and reinsurance companies | Gross carrying amount                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings         $ 184,500,000 $ 180,800,000                              
Subsequent Events | AGT Floating Rate Secured Senior Credit Facility Due March 2020                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount                     $ 525,000,000.0                    
Subsequent Events | Revolving credit facility | Holding company cash and investments                                          
Disclosure of detailed information about borrowings [line items]                                          
Borrowings             $ 500,000,000.0     $ 200,000,000.0                      
Subsequent Events | 3.95% Unsecured Senior Notes Due March 3, 2031                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount   $ 671,600,000           $ 850,000,000.0                          
Interest rate   3.95%           3.95%                          
Net proceeds from borrowings   $ 666,200,000                                      
Borrowing costs incurred   $ 5,400,000                                      
Subsequent Events | 3.65% Unsecured Senior Notes Due March 3, 2031                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount $ 600,000,000.0                                        
Interest rate 3.375%                                        
Net proceeds from borrowings $ 583,800,000                                        
Borrowing costs incurred $ 15,400,000                                        
Subsequent Events | Fairfax India 5.00% Unsecured Senior Notes Due 2028 | Non-insurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount                 $ 500,000,000.0                        
Interest rate                 5.00%                        
Subsequent Events | Fairfax India 5.00% Unsecured Senior Notes Due 2028 | Insurance and reinsurance companies                                          
Disclosure of detailed information about borrowings [line items]                                          
Notional amount                 $ 58,400,000