Post by roy on Aug 1, 2015 23:59:22 GMT -5
FRFHF, the Canadian insurer reported earnings in the past week - it posted a loss. The losses are primarily due to mark to market losses in bond portfolio and also losses due to hedging. The insurance subs are looking good in a benign environment. The P/B ratio is at 1.25. This should be attractive at closer to book value.
finance.yahoo.com/news/fairfax-financial-holdings-posts-2q-222153874.html
finance.yahoo.com/news/fairfax-financial-holdings-posts-2q-222153874.html