XML 100 R82.htm IDEA: XBRL DOCUMENT v3.20.4
Derivatives - Additional Information (Details)
12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Mar. 01, 2021
USD ($)
Mar. 01, 2021
CAD ($)
Jan. 01, 2021
USD ($)
shares
Jan. 01, 2021
CAD ($)
shares
Dec. 31, 2020
CAD ($)
Dec. 31, 2020
EUR (€)
Mar. 31, 2020
USD ($)
$ / shares
shares
Mar. 31, 2020
CAD ($)
$ / shares
shares
Dec. 31, 2019
CAD ($)
Dec. 31, 2019
EUR (€)
Disclosure of financial assets [line items]                        
Notional amount $ 8,849,000,000.0 $ 7,261,000,000.0                    
Net gains (losses) on investments 313,100,000 1,716,200,000                    
Assets pledged for short sale and derivative obligations, at fair value 275,900,000 152,400,000                    
Assets pledged for short sale and derivative obligations, collateral, entering derivative contracts 226,400,000 70,300,000                    
Assets pledged for short sale and derivative obligations, collateral, fair value changes 49,500,000 82,100,000                    
Financial assets pledged as liabilities 6,026,700,000 5,774,100,000                    
Borrowings, At Fair Value 9,437,400,000 7,585,300,000                    
Holding company cash and investments                        
Disclosure of financial assets [line items]                        
Notional amount 5,613,000,000.0 4,148,700,000                    
Financial assets pledged as liabilities 79,500,000 5,500,000                    
Borrowings, At Fair Value 6,167,400,000 4,444,900,000                    
Fairfax Financial Holdings                        
Disclosure of financial assets [line items]                        
Notional amount per share (in dollars per share) | (per share)                 $ 330.95 $ 428.82    
Major ordinary share transactions | Fairfax Financial Holdings                        
Disclosure of financial assets [line items]                        
Number of shares under equity swap contracts (in shares) | shares         413,169 413,169            
Equity total return swaps – short positions, investment purposes                        
Disclosure of financial assets [line items]                        
Notional amount 0 194,400,000                    
Equity total return swaps - short positions                        
Disclosure of financial assets [line items]                        
Notional amount 0 369,800,000                    
Net cash paid (received) for derivative closures and reset provisions 613,200,000 (48,200,000)                    
Net gains (losses) on investments (528,600,000) 30,300,000                    
Notional amount of derivatives settled 898,400,000 89,900,000                    
Gain (loss) on designation of financial instrument as measured at fair value through profit or loss because credit derivative is used to manage credit risk (703,900,000) (7,900,000)                    
Unrealized gain (loss) (175,300,000) (38,200,000)                    
Equity total return swaps – long positions, individual equities                        
Disclosure of financial assets [line items]                        
Notional amount 1,746,200,000 501,500,000             $ 1,906,900,000      
Subordinate voting shares | Fairfax Financial Holdings                        
Disclosure of financial assets [line items]                        
Notional amount                 $ 329,200,000 $ 426,500,000    
Number of shares under equity swap contracts (in shares) | shares                 994,695 994,695    
Subordinate voting shares | Major ordinary share transactions | Fairfax Financial Holdings                        
Disclosure of financial assets [line items]                        
Notional amount         $ 155,700,000 $ 198,500,000            
Equity total return swaps - long positions                        
Disclosure of financial assets [line items]                        
Notional amount 1,788,300,000 406,300,000                    
Net cash paid (received) for derivative closures and reset provisions (207,400,000) 34,500,000                    
Net gains (losses) on investments 216,700,000                      
Notional amount of derivatives settled 878,800,000                      
Equity total return swaps - long positions | Holding company cash and investments                        
Disclosure of financial assets [line items]                        
Net cash paid (received) for derivative closures and reset provisions (222,800,000) 17,000,000.0                    
CPI-linked derivatives                        
Disclosure of financial assets [line items]                        
Notional amount 74,906,000,000.0 99,804,700,000                    
Unrealized gain (loss) $ (344,700,000) $ (608,200,000)                    
Average life (in years) 2 years 8 months 12 days 2 years 9 months 18 days                    
U.S. treasury bond forward contracts                        
Disclosure of financial assets [line items]                        
Notional amount $ 330,800,000 $ 846,500,000                    
Net gains (losses) on investments (102,000,000.0) (86,700,000)                    
3.95% Unsecured Senior Notes Due March 3, 2031 | Subsequent Events                        
Disclosure of financial assets [line items]                        
Notional amount     $ 671,600,000 $ 850,000,000.0                
5.84% due October 14, 2022 (Cdn$450.0) | Holding company cash and investments                        
Disclosure of financial assets [line items]                        
Notional amount 350,100,000 343,900,000         $ 446,000,000.0          
Borrowings, At Fair Value 377,600,000 373,800,000                    
4.50% due March 22, 2023 (Cdn$400.0) | Holding company cash and investments                        
Disclosure of financial assets [line items]                        
Notional amount 314,000,000.0 308,500,000         400,000,000.0          
Borrowings, At Fair Value 334,100,000 326,000,000.0                    
2.75% due March 29, 2028 (€750.0) | Holding company cash and investments                        
Disclosure of financial assets [line items]                        
Notional amount 917,700,000 841,900,000           € 750,000,000.0        
Borrowings, At Fair Value 1,023,900,000 910,200,000                    
Credit risk | Cash                        
Disclosure of financial assets [line items]                        
Financial assets pledged as liabilities 116,400,000 5,300,000                    
Credit risk | Government securities                        
Disclosure of financial assets [line items]                        
Financial assets pledged as liabilities 12,900,000 10,800,000                    
United States, European Union, and United Kingdom | CPI-linked derivatives                        
Disclosure of financial assets [line items]                        
Notional amount 27,215,300,000 1,800,300,000                    
Canada                         
Disclosure of financial assets [line items]                        
Gains (losses) on hedge of net investment (38,000,000.0) (105,600,000)                    
Canada  | Hedges of net investment in foreign operations | Unsecured senior notes                        
Disclosure of financial assets [line items]                        
Borrowings             $ 2,796,000,000.0       $ 2,796,000,000.0  
Borrowings at fair value 2,397,600,000 2,270,000,000.0                    
Europe                        
Disclosure of financial assets [line items]                        
Gains (losses) on hedge of net investment (75,800,000) (35,300,000)                    
Europe | Hedges of net investment in foreign operations | Unsecured senior notes                        
Disclosure of financial assets [line items]                        
Borrowings | €               € 750,000,000.0       € 277,000,000.0
Borrowings at fair value $ 1,023,900,000 $ 336,200,000