Fairfax Financial Holdings Shares Trade Lower After Reporting Lower Earnings In Q2

(RTTNews) - Fairfax Financial Holdings Limited (FFX.F) announced its second-quarter financial results, reporting net earnings of $1,560.6 million, down from $1,601.9 million in the previous year.

Currently, Fairfax's stock is trading at 1,453.00 euros, down 2.48 percent on the Frankfurt Exchange.

Net insurance revenue during the period was $6,725.0 million compared to $6,402.0 million in the prior year.

Net premiums written totaled $7,517.6 million, higher than last year's $7,257.1 million.

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