XML 160 R142.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segmented Information - Sources of earnings by reporting segment (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Segmented Information    
Insurance revenue $ 31,064.1 $ 26,934.8
Insurance service result 4,452.2 3,956.4
Other insurance operating expenses (1,182.9) (966.4)
Interest and dividends 2,341.9 1,681.6
Share of profit of associates 859.5 990.0
Non-insurance revenue 6,682.8 6,614.5
Non-insurance expenses 6,470.5 6,568.7
Operating income (loss) 6,683.0 5,707.4
Net finance income (expense) from insurance contracts and reinsurance contract assets held (1,279.9) (1,605.6)
Net gains (losses) on investments 1,067.2 1,949.5
Gain (loss) on deconsolidation of insurance subsidiary   549.8
Interest expense (649.0) (510.0)
Corporate overhead and other (450.2) (430.2)
Earnings before income taxes 5,638.5 5,908.3
Provision for income taxes (1,375.6) (813.4)
Net earnings 4,262.9 5,094.9
Attributable to:    
Shareholders of Fairfax 3,874.9 4,381.8
Non-controlling interests 388.0 713.1
Net earnings 4,262.9 5,094.9
Property and Casualty Insurance and Reinsurance    
Segmented Information    
Insurance revenue 30,874.5 26,799.3
Insurance service result 4,602.1 4,135.9
Other insurance operating expenses (1,038.1) (822.1)
Interest and dividends 2,224.6 1,654.7
Share of profit of associates 745.1 761.6
Operating income (loss) 6,533.7 5,730.1
Property and Casualty Insurance and Reinsurance | North American Insurers    
Segmented Information    
Insurance revenue 8,731.8 8,077.7
Insurance service result 1,101.1 977.1
Other insurance operating expenses (318.7) (280.8)
Interest and dividends 512.9 443.3
Share of profit of associates 143.1 165.1
Operating income (loss) 1,438.4 1,304.7
Property and Casualty Insurance and Reinsurance | Global Insurers and Reinsurers    
Segmented Information    
Insurance revenue 15,513.0 15,480.2
Insurance service result 3,037.4 2,828.0
Other insurance operating expenses (434.6) (360.4)
Interest and dividends 1,259.4 1,031.1
Share of profit of associates 450.3 469.2
Operating income (loss) 4,312.5 3,967.9
Property and Casualty Insurance and Reinsurance | International Insurers and Reinsurers    
Segmented Information    
Insurance revenue 6,629.7 3,241.4
Insurance service result 463.6 330.8
Other insurance operating expenses (284.8) (180.9)
Interest and dividends 452.3 180.3
Share of profit of associates 151.7 127.3
Operating income (loss) 782.8 457.5
Life insurance and Run-off    
Segmented Information    
Insurance revenue 189.6 135.5
Insurance service result (149.9) (179.5)
Other insurance operating expenses (144.8) (144.3)
Interest and dividends 126.4 103.0
Share of profit of associates 76.2 76.2
Operating income (loss) (92.1) (144.6)
Non-insurance companies    
Segmented Information    
Interest and dividends (9.1) (76.1)
Share of profit of associates 38.2 152.2
Non-insurance revenue 6,682.8 6,614.5
Non-insurance expenses 6,470.5 6,568.7
Operating income (loss) 241.4 121.9
Attributable to:    
Non-controlling interests (62.6) 203.4
Operating segments    
Segmented Information    
Insurance revenue 31,490.1 27,341.2
Corporate overhead and other (182.8) (182.8)
Operating segments | Property and Casualty Insurance and Reinsurance    
Segmented Information    
Insurance revenue 31,290.1 27,191.3
Operating segments | Property and Casualty Insurance and Reinsurance | North American Insurers    
Segmented Information    
Insurance revenue 8,779.9 8,137.2
Operating segments | Property and Casualty Insurance and Reinsurance | Global Insurers and Reinsurers    
Segmented Information    
Insurance revenue 15,684.7 15,600.3
Operating segments | Property and Casualty Insurance and Reinsurance | International Insurers and Reinsurers    
Segmented Information    
Insurance revenue 6,825.5 3,453.8
Operating segments | Life insurance and Run-off    
Segmented Information    
Insurance revenue 200.0 149.9
Operating segments | Non-insurance companies    
Segmented Information    
Interest and dividends (9.1) (76.1)
Non-insurance revenue 6,682.8 6,614.5
Non-insurance expenses 6,470.5 6,568.7
Operating income (loss) 241.4 121.9
Intercompany insurance revenue    
Segmented Information    
Insurance revenue (426.0) (406.4)
Intercompany insurance revenue | Property and Casualty Insurance and Reinsurance    
Segmented Information    
Insurance revenue (415.6) (392.0)
Intercompany insurance revenue | Property and Casualty Insurance and Reinsurance | North American Insurers    
Segmented Information    
Insurance revenue (48.1) (59.5)
Intercompany insurance revenue | Property and Casualty Insurance and Reinsurance | Global Insurers and Reinsurers    
Segmented Information    
Insurance revenue (171.7) (120.1)
Intercompany insurance revenue | Property and Casualty Insurance and Reinsurance | International Insurers and Reinsurers    
Segmented Information    
Insurance revenue (195.8) (212.4)
Intercompany insurance revenue | Life insurance and Run-off    
Segmented Information    
Insurance revenue $ (10.4) $ (14.4)