says it earned US$1.3-billion in the first quarter of 2023, more than double earnings of US$588.7-million a year earlier.
The Toronto-based company, which reports in U.S. dollars, says net earnings per diluted share were US$49.38, compared with US$22.67 the same quarter a year earlier.Fairfax says gross premiums written totalled US$7.1-billion in the quarter ended March 31, up from US$6.7-billion a year earlier.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sun Life Financial sees first quarter earnings rise to $806 million - BNN BloombergSun Life Financial Inc. says net income for the first quarter was $806 million, up more than 21 per cent from $665 million a year earlier.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
CI Financial selling stake in U.S. wealth business to pay down debt, shares soarGroup of institutional investors to pay $1.34-billion for minority investment
Source: globeandmail - 🏆 5. / 92 Read more »
CI Financial shares soar after deal to sell stake in U.S. wealth management business - BNN BloombergShares in CI Financial Corp. soared after it announced a deal to sell a 20 per cent stake in its U.S. wealth management business to a group of institutional investors for about $1.34 billion.
Source: BNNBloomberg - 🏆 83. / 50 Read more »