Fairfax completes acquisition of additional 46.32% interest in Gulf Insurance

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Reinsurance News - Dec 27, 2023

Fairfax Financial Holdings has completed its acquisition of all of the shares of Gulf Insurance Group (GIG) under the control of Kuwait Projects Company (Holding), bringing Fairfax’s equity interest in GIG from 43.69% to 90.01%. The acquisition was first reported back in April when Fairfax revealed...

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