Colonnade Insurance S.A. in Central Europe

Colonnade Insurance S.A. is a member of FAIRFAX FINANCIAL HOLDINGS, a Canadian-based insurance and reinsurance group listed on the Toronto Stock Exchange under the symbol FHH. The group’s investment in global growth strategy is to focus on opportunities to invest in healthy growth in those regions where the group has not been represented so far. Hence, FAIRFAX has agreed with QBE they would purchase QBE’s insurance assets in Central European countries, notably in the Ukraine, Czech republic, Hungary and Slovakia. Colonnade Insurance S.A., registered in Luxembourg, employs nearly 200 experienced professionals and, through its branch offices, generates written Premiums exceeding EUR 40 million. The company specialises in various types of non-life insurance including property and liability insurance, cargo, motor insurance including travel and accident insurance and GAP insurance and extended warranty insurance.