Due to the ongoing spread of the coronavirus pandemic, Fairfax Financial Holdings Limited – which has a hand in property & casualty insurance and reinsurance through its subsidiaries – has announced that it will be holding its annual meeting, scheduled for April 15, virtually. Accordingly, there will be no in-person attendance by shareholders, nor the company’s directors and officers as well as the officers of its subsidiaries and Fairfax group companies. In the same vein, events that typically occur as part of the annual meeting have been cancelled.
Instead, there will be a webcast of the annual meeting, followed by a presentation from Prem Watsa, Fairfax’s chairman and CEO. A Q&A will take place during this webcast and shareholders are encouraged to vote by proxy.
“For 35 years, we have looked forward to meeting you, our loyal long-term shareholders at our AGM and, with our presidents, answering all your questions,” commented Watsa. “This year once again, for your safety, and for the safety of all our employees from the global pandemic, we, unfortunately, have to conduct our annual meeting virtually and cancel all our activities during our AGM. We truly enjoy meeting our shareholders annually, and we look forward to welcoming you all in person, and to resuming our normal annual meeting activities, in 2022.”
