Odyssey Group Holdings, Inc. and its subsidiaries, collectively referred to as Odyssey Group, is one of the world’s leading providers of property, casualty and specialty (re)insurance, with total assets of $17.1 billion and $5.2 billion in total equity as of December 31, 2021. Reinsurance is available around the world through OdysseyRe, while insurance is offered by Hudson Insurance Group in the U.S. and by Newline Group internationally.

Odyssey Group Holdings, Inc. is a subsidiary of Fairfax Financial Holdings Limited, a holding company with total assets of $86.6 billion and $21.3 billion in total equity as of December 31, 2021. Fairfax is traded on the Toronto Stock Exchange under the symbol FFH.

ODYSSEY GROUP HOLDINGS, INC.

(U.S. $ in millions)
2021 2020 2019
Gross premiums written $5,746.3 $4,446.7 $3,815.9
Net premiums written 4,849.4 3,789.6 3,393.7
Net premiums earned 4,245.9 3,586.7 3,179.1
Net investment income 254.2 168.4 245.8
Operating income before income taxesa 344.5 304.4 321.8
Net realized investment gains (losses) 348.4 (7.9 211.3
Income before income taxes 692.9 296.5 533.1
Net income 543.7 260.1 405.4
Total assets 17,050.6 14,853.1 13,241.6
Total equity 5,220.3 4,774.1 4,589.9
Underwriting income 103.0 149.6 89.9
Combined ratio 97.6 95.8 97.2
a Represents income before income taxes excluding net realized investment gains and losses.

GROSS PREMIUMS WRITTEN BY OPERATING DIVISION

(U.S. $ in millions)
2021 2020 2019
North America $1,722.5 $1,241.3 $953.2
Latin America 160.7 121.7 118.5
EuroAsia 823.8 738.1 676.4
London Market 625.9 484.3 398.1
U.S. Insurance 2,413.4 1,861.3 1,669.7
Total gross premiums written $5,746.3 $4,446.7 $3,815.9

RATINGS

A
(EXCELLENT)
A.M. BEST
A-
(STRONG)
STANDARD & POOR’S
A2
(GOOD)
MOODY’S