A little insurance company at an understated 0.6x book, double-digit BVPS growth for a decade, conservatively financed Company is in runoff and is buying back every drop of share it can find.
Fairfax: no clues from the past On what makes a great insurance company, Fairfax’s historical transformations, investment slump, underwriting tailwind, hard vs soft markets, culture, incentives, run rate profits, and price-to-book.