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Revenue for the three months ended March 31 was almost US$6 billion, up from US$3.16 billion in the first quarter or 2020. A big part of the difference was an US$842-million gain on investments, versus a US$1.5-billion loss a year earlier. Fairfax was expected to earn US$10.55 per share on US$5.8 billion of revenues, according to financial data firm Refinitiv. Fairfax Financial, together with the Fairfax India Charitable Trust and Fairfax India Holdings Corp., committed US$5 million to fund initiatives to help India with the recent surge in COVID-19 cases. We are saddened by the current crisis in India resulting from the COVID-19 pandemic. Fairfax wishes to assist India in traversing this incredibly difficult time and are hopeful that our commitment will provide some relief to India and its health-care system, stated chairman and CEO Prem Watsa.

Prem watsaFairfax india charitableFairfax financial holdings ltdFairfax india holdings corpFairfax financial holdingsFairfax india charitable trustCanadian pressபிரேம் வாட்சாஃபேர்ஃபாக்ஸ் நிதி ஹோல்டிங்ஸ் லிமிடெட்ஃபேர்ஃபாக்ஸ் இந்தியா ஹோல்டிங்ஸ் கார்ப்ஃபேர்ஃபாக்ஸ் நிதி ஹோல்டிங்ஸ்கனடியன் ப்ரெஸ்