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Investments in Associates - Annual changes in carrying value (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Changes in the carrying value of investments in associates    
Balance - January 1 $ 8,037.3 $ 7,435.7
Share of pre-tax comprehensive income (loss):    
Share of profit 956.3 1,100.0
Impairments   (77.8)
Share of other comprehensive income (loss), excluding gains (losses) on defined benefit plans (153.1) 36.9
Share of gains (losses) on defined benefit plans (1.8) (5.6)
Share of pre-tax comprehensive income (loss) 801.4 1,053.5
Dividends and distributions recognized (429.2) (246.7)
Purchase and acquisitions 700.3 1,177.3
Divestitures and other net changes in capitalization (301.9) (814.2)
Reclassifications (224.8) (572.3)
Foreign exchange effect and other (77.5) 4.0
Balance - December 31 8,505.6 8,037.3
Non-cash impairment charges   77.8
Gulf Insurance    
Share of pre-tax comprehensive income (loss):    
Fair value of investment in associate consolidated   151.8
Associates    
Changes in the carrying value of investments in associates    
Balance - January 1 5,865.8 5,312.2
Share of pre-tax comprehensive income (loss):    
Share of profit 871.1 936.0
Impairments   (19.8)
Share of other comprehensive income (loss), excluding gains (losses) on defined benefit plans (146.6) 39.2
Share of gains (losses) on defined benefit plans (0.7) 0.9
Share of pre-tax comprehensive income (loss) 723.8 956.3
Dividends and distributions recognized (308.1) (208.7)
Purchase and acquisitions 573.6 884.8
Divestitures and other net changes in capitalization (253.6) (709.9)
Reclassifications (97.4) (379.3)
Foreign exchange effect and other (31.9) 10.4
Balance - December 31 6,472.2 5,865.8
Joint ventures    
Changes in the carrying value of investments in associates    
Balance - January 1 741.8 780.9
Share of pre-tax comprehensive income (loss):    
Share of profit 46.2 12.9
Impairments   (58.0)
Share of other comprehensive income (loss), excluding gains (losses) on defined benefit plans (7.5) 1.1
Share of gains (losses) on defined benefit plans (0.7) (0.8)
Share of pre-tax comprehensive income (loss) 38.0 (44.8)
Dividends and distributions recognized (88.2) (24.8)
Purchase and acquisitions 126.7 42.5
Divestitures and other net changes in capitalization (3.2) (14.6)
Reclassifications (127.4)  
Foreign exchange effect and other (6.6) 2.6
Balance - December 31 681.1 741.8
Fairfax India associates    
Changes in the carrying value of investments in associates    
Balance - January 1 1,429.7 1,342.6
Share of pre-tax comprehensive income (loss):    
Share of profit 39.0 151.1
Share of other comprehensive income (loss), excluding gains (losses) on defined benefit plans 1.0 (3.4)
Share of gains (losses) on defined benefit plans (0.4) (5.7)
Share of pre-tax comprehensive income (loss) 39.6 142.0
Dividends and distributions recognized (32.9) (13.2)
Purchase and acquisitions   250.0
Divestitures and other net changes in capitalization (45.1) (89.7)
Reclassifications   (193.0)
Foreign exchange effect and other (39.0) (9.0)
Balance - December 31 $ 1,352.3 $ 1,429.7