DBRS confirms Fairfax Financial

DBRS said it confirmed Fairfax Financial Holdings Ltd.’s issuer rating at BBB (high), senior unsecured debt rating at BBB (high) and preferred shares rating at Pfd-3 (high).

DBRS also confirmed the rating of Fairfax (US) Inc.’s senior unsecured notes, which are guaranteed by Fairfax, at BBB (high).

All trends are stable.

“Fairfax’s ratings confirmation reflects the company’s global presence in the property and casualty insurance and reinsurance market,” the agency said in a news release.

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