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InsuranceLinked Securities North America Canada

Fairfax to buy Zenith National

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CANADIAN re/insurer Fairfax Financial Holdings has agreed to acquire the 91.6% stake that it doesn’t already own of California-based workers’ compensation insurer Zenith National Insurance for $1.32bn in cash, in a move that will expand its presence in the US market.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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