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Published on 12/7/2022 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

DBRS turns Fairfax trend to positive

DBRS said it changed the trend on Fairfax Financial Holdings Ltd. and its related entities to positive from stable. The agency also confirmed all ratings, including Fairfax’s BBB (high) issuer rating.

“The change in the trends to positive from stable recognizes Fairfax’s resilient, diversified and growing franchise, consistent underwriting profitability, strong liquidity position and sound regulatory capital,” DBRS said in a press release.


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