June 25, 2025
On June 11, 2025, S&P Global Ratings raised its long-term issuer credit and financial strength ratings on Fairfax’s core re/insurance operating subsidiaries from “A+’ to ‘AA-” and upgraded their long-term issuer credit rating on Fairfax Financial Holdings Ltd., Crum & Forster’s parent company, from “BBB+” to “A-” based on strengthened capitalization, organic growth and strategic acquisitions, and expectations of strong earnings, driven by underwriting and investment activities.