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Fairfax Financial Holdings Limited Subordinate Voting Shares (FFH)
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Intact Financial Corporation (IFC)
Q: I am considering adding an Insurance company to my portfolio. Do you prefer Fairfax Fin. or Intact Fin. for a long term hold? And the reason why?
Thank you very much.
Thank you very much.
5i Research Answer:
FFH is a holding company, and we like it well enough, but it often goes through stages were nothing much happens, as it gets quiet on its M&A and dispostion activity. IFC, on the other hand, is an operating company showing good growth, solid management, a growing dividend and a decent valuation. Thus, we prefer IFC.