Page 10 - 19th Annual Summit Program Book
P. 10
INDUSTR Y SPEAKER
Monday, October 21 | 4:00 PM | Trailblazer A & B
V. Prem Watsa
Prem Watsa is Chairman and Chief Executive Officer of Fairfax Financial Holdings Limited,
a holding company which, through its subsidiaries, is engaged in property and casualty
insurance and reinsurance and investment management.
In 1985 Prem took control of Markel Financial which was controlled by the Virginia based
Markel family. In 1987 he then re-organized and renamed it Fairfax Financial Holdings
Limited. He has served as Chairman and Chief Executive Officer since its inception.
Since 1985, Fairfax has compounded book value and stock price by about 19%. Fairfax has
total assets of approximately US$68 billion, revenues of approximately US$18 billion and
common shareholders’ equity of approximately US$12 billion. The company is listed on the
Toronto Stock Exchange.
He holds a Bachelors Degree in Chemical Engineering from the Indian Institute of Technology
in Madras, India and obtained his MBA from the Richard Ivey School of Business at the University
of Western Ontario. He is also a Chartered Financial Analyst. He holds an Honorary Doctorate of Laws from the University of Western
Ontario, an Honorary Doctorate of Sacred Letters from Wycliff College of the University of Toronto and an Honorary Doctorate of Divinity
from Tyndale College.
He is a member of the Sick Children’s Hospital Foundation and is Chairman of their Investment Committee, member of the
Advisory Board for the Richard Ivey School of Business, member of the Board of Directors of the Royal Ontario Museum Foundation,
Lead Director on the Board of Blackberry and Chairman of the Investment Committee of St.
Paul’s Anglican Church in Toronto. He is on the Board of Horatio Alger Association U.S. and Sponsored by
President of Horatio Alger Association of Canada. He is Chairman of Fairfax India. He was
formerly Chancellor of the University of Waterloo and on the Boards of the Bank of Ireland
and of ICICI Bank. He is a recipient of the Order of Canada.
Lloyd’s Open House
Tuesday, October 22 | 10:30 AM-Noon | Trailblazer A & B
Lloyd’s Open House is scheduled to follow the Tuesday General Session. Andrew Brooks, CEO of Ascot Group
Ltd. and Chairman of the London Market Association, will provide opening remarks. In his address, Mr. Brooks will
discuss the current state of the Lloyd’s market, performance management of Syndicates, updates on Lloyd’s US
premiums, access to the market for new program managers and the “Future at Lloyd’s” proposals.
The Open House features:
• Representatives from 14 Lloyd’s Syndicates • Information about the London Marketplace
• Market finding assistance for all types of programs and becoming a coverholder
including small and start up programs Sponsored by
Lloyd’s syndicate underwriters will be organized by line of business with Lloyd’s America
and Tysers staff on hand to help make introductions and navigate the room.
Connect with 60 TMPAA Program Carriers Sponsored by
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Carrier Networking Lounge | Trailblazer C, D, & E
Available Monday & Tuesday
8 TMPAA