Fairfax Financial more than doubles first-quarter earnings at US$1.3 billion

Shareholders attend the Fairfax Financial Holdings annual general meeting in Toronto on Wednesday, April 9, 2014. THE CANADIAN PRESS/Nathan Denette

 NSD/

TORONTO - Fairfax Financial Holdings Ltd. says it earned US$1.3 billion in the first quarter of 2023, more than double earnings of US$588.7 million a year earlier.

The Toronto-based company, which reports in U.S. dollars, says net earnings per diluted share were US$49.38, compared with US$22.67 the same quarter a year earlier.

The ºÃÉ«tv Press. All rights reserved.