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Fairfax Financial’s P&C unit net premiums grow over 11%

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Canada-based Fairfax Financial Holdings Ltd.’s property and casualty insurance and reinsurance operations saw net premiums written grow by over 11% year-on-year to $6.25 billion in the first quarter of this year, Reinsurance News reported. The unit’s adjusted operating income increased by nearly 16% year-on-year to $977 million.

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