FRFHF - Fairfax Financial GAAP EPS of $28.80 misses by $2.48 revenue of $6.2B

2023-08-04 01:15:20 ET

• Fairfax Financial press release ( OTCPK:FRFHF ): Q2 GAAP EPS of $28.80 misses by $2.48 .
• Net premiums written of $6.2B (+8.6% Y/Y).
• Book value per basic share at June 30, 2023 was $834.28 compared to $762.28 at December 31, 2022 (an increase of 10.8% adjusted for the $10 per common share dividend paid in the first quarter of 2023).
• The consolidated combined ratio of the property and casualty insurance and reinsurance operations was 93.9%, producing an underwriting profit of $337.5 million, compared to a combined ratio of 94.1% and an underwriting profit of $301.7 million in 2022

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