Prem Watsa

Founder at Fairfax Financial Holdings Ltd.

Prem Watsa

Prem Watsa

Founder at Fairfax Financial Holdings Ltd.

Overview
Career Highlights

Sixty Two Investment Co. Ltd.
FFHL Share Option 1 Corporation
Helios Fairfax Partners Corp.

RelSci Relationships

1021

Primary Location

Toronto, Canada

Number of Boards

19

Birthday

1951 - Hyderabad, WB, India

Age

70

Number of Awards

3

Estimated Net Worth

$1.1B

Relationships
RelSci Relationships are individuals Prem Watsa likely has professional access to. A relationship does not necessarily indicate a personal connection.

President & Chief Executive Officer at Rogers Telecommunications Ltd.

Relationship likelihood: Strong

Chief Executive Officer & Director at Ventra Group, Inc.

Relationship likelihood: Strong

Vice President & Chief Operating Officer at Hamblin Watsa Investment Counsel Ltd.

Relationship likelihood: Strong

Director & Chief Executive Officer at Fairfax India Holdings Corp.

Relationship likelihood: Strong

Affiliate Partner at Lindsay Goldberg, LLC

Relationship likelihood: Strong

Former Chief Executive & Operating Officer at RSA Insurance Group Plc

Relationship likelihood: Strong

Vice President & Chief Financial Officer at Fairfax Financial Holdings Ltd.

Relationship likelihood: Strong

Chief Executive Officer at Helios Fairfax Partners Corp.

Relationship likelihood: Strong

President at Chris Hodgson Enterprises Ltd.

Relationship likelihood: Strong

Vice President & Chief Operating Officer at Fairfax Financial Holdings Ltd.

Relationship likelihood: Strong

Paths to Prem Watsa
Potential Connections via
Relationship Science
You
Prem Watsa
Founder at Fairfax Financial Holdings Ltd.
Family Members
Spouse
Member, Council of Trustees at American India Foundation

The American India Foundation founded in 2001, is a nonprofit American organization that is devoted to accelerating social and economic change in India. The AIF has partnered with 227 of India’s NGOs to build a trusted network for implementation, scale, and sustainability while raising over $84 million since its inception. It is one of the largest secular, non-partisan American organizations supporting development work in India. AIF awards grants to education, livelihood, and public health projects in India – with emphases on elementary education, women’s empowerment, and HIV/AIDS, respectively. AIF has a program called Digital Equalizer which attempts to bridge the digital divide by providing computers, internet access and training to under-resourced Indian schools. It also funds the Service Corps Fellowship, renamed the William J. Clinton Fellowship for Service to India on May 11, 2009, which sends skilled young Americans to work with NGOs in India for a ten-month period. The fellowship helps exchange technical skills, intellectual resources and helps increase the capacity of Indian NGOs to continue their work while giving American leaders a good understanding of India. The American India Foundation was founded by a group of Indian-Americans responding to the 2001 Gujarat earthquake. Former United States President Bill Clinton serves as the Honorary Chair, and has been involved in a number of AIF events; he was asked to get involved with the group by Indian Prime Minister Atal Bihari Vajpayee in the wake of the earthquake.

Education
MBA

The Ivey Business School is located on Western University's campus in London, Ontario, Canada. Its MBA, along with a range of other programs, is offered by Western University, but it is managed separately with its own dean and budget. Its primary location is London, Ontario, but the school also has two executive teaching facilities in Toronto and Hong Kong. The University of Western Ontario created the Department of Commercial Economics within the Faculty of Arts in 1922 to offer elective course work in business. The first degree program was the Bachelor of Arts (Honors) in Business Administration (HBA). The school has been consistently ranked as one of Canada's top business schools

Bachelor's in Chemical Engineering

The Indian Institute of Technology, Madras, is among the foremost of institutes of national importance in higher technological education and in basic and applied research. The Institute, with nearly 360 faculty, 4000 students, 1250 administrative and supporting staff, is a self-contained campus and is located in a beautiful, wooded land of about 250 hectares in South Madras

Career History
Founder
2016 - Current

Helios Fairfax Partners Corp. engages in property and casualty insurance and reinsurance investment management. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by actively investing in public and private equity securities and debt instruments of African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, African investments. The company was founded by Vivian Prem Watsa on April 28, 2016 and is headquartered in Toronto, Canada.

Founder
2014 - Current

Fairfax India Holdings Corp. is an investment holding company, which through its subsidiaries, engages in property and casualty insurance and reinsurance and the associated investment management. It intends to achieve long term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments. The company was founded by Prem Watsa on November 25, 2014 and is headquartered in Toronto, Canada.

Founder
1985 - Current

Fairfax Financial Holdings Limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value. The company has been under present management since September 1985.

Boards & Committees
Non-Executive Director
2004 - 2011

ICICI Bank is India's second-largest bank with total assets of Rs. 4,736.47 billion (US$ 93 billion) at March 31, 2012 and profit after tax Rs. 64.65 billion (US$ 1,271 million) for the year ended March 31, 2012. The Bank has a network of 2,897 branches and 10,021 ATMs in India, and has a presence in 19 countries, including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and Germany. ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE)

Director
1987 - 2007

Cunningham Lindsey Group, Inc. provides insurance claims services, including claims adjusting and appraisal services. The company was founded in 1923 by Manley B. Morden and is headquartered in Toronto, Canada

Chairman
Prior

Zenith National Insurance Corp. operates as a holding company with interests in providing workers' compensation insurance services. Its services also include property and casualty insurance. The company is headquartered in Woodland Hills, CA.

Member, Board of Trustees
Prior

The Hospital for Sick Children is a non-profit organization that provides healthcare services. It offers child and family centered care, creative arts therapy, epilepsy classroom, resource navigation program, and international patient program. The company was founded by Elizabeth McMaster on March 23, 1875 and is headquartered in Toronto, Canada.

Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$250K +
2019

The Horatio Alger Association of Distinguished Americans is a nonprofit organization based in Alexandria, Virginia, that was founded in 1947 to honor the achievements of outstanding Americans who have succeeded in spite of adversity and to emphasize the importance of higher education. The association is named for Horatio Alger, a 19th-century author of hundreds of dime novels in the "rags-to-riches" genre, extolling the importance of perseverance and hard work. The association gives the annual Horatio Alger Award to exemplars of its ideals. It also grants scholarships, and describes itself as the largest provider of need-based scholarships in the United States. All scholarships are funded by the generosity of the members of the Horatio Alger Association.

$100K +
2016

The American India Foundation founded in 2001, is a nonprofit American organization that is devoted to accelerating social and economic change in India. The AIF has partnered with 227 of India’s NGOs to build a trusted network for implementation, scale, and sustainability while raising over $84 million since its inception. It is one of the largest secular, non-partisan American organizations supporting development work in India. AIF awards grants to education, livelihood, and public health projects in India – with emphases on elementary education, women’s empowerment, and HIV/AIDS, respectively. AIF has a program called Digital Equalizer which attempts to bridge the digital divide by providing computers, internet access and training to under-resourced Indian schools. It also funds the Service Corps Fellowship, renamed the William J. Clinton Fellowship for Service to India on May 11, 2009, which sends skilled young Americans to work with NGOs in India for a ten-month period. The fellowship helps exchange technical skills, intellectual resources and helps increase the capacity of Indian NGOs to continue their work while giving American leaders a good understanding of India. The American India Foundation was founded by a group of Indian-Americans responding to the 2001 Gujarat earthquake. Former United States President Bill Clinton serves as the Honorary Chair, and has been involved in a number of AIF events; he was asked to get involved with the group by Indian Prime Minister Atal Bihari Vajpayee in the wake of the earthquake.

$500 - $999
2010

Journalists for Human Rights is a Canadian nonprofit company located in Toronto, ON. The firm operates an organisation that empowers journalists to cover human rights stories. It was founded by Ben Peterson.The company says this about itself: Journalists for Human Rights (JHR) trains journalists worldwide to cover human rights issues ethically and objectively. For 16 years, Canada-based JHR has worked with 15,565 journalists around the world. Currently JHR operates sector-wide programmes in the Democratic Republic of Congo, Mali, Syrian journalists in Turkey, South Sudan, the Middle East, and with Indigenous communities in Canada.

Transactions
Details Hidden

Fairfax Financial Holdings Ltd. purchases American Safety Insurance Holdings Ltd. from Catalina Holdings

Details Hidden

Fairfax Financial Holdings Ltd., Crum & Forster Insurance Group purchase Hartville Group, Inc.

Details Hidden

Fairfax Financial Holdings Ltd. purchases Odyssey Re Holdings Corp.

Investments
Details Hidden

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry® solution in 1999. The BlackBerry product line includes the BlackBerry® PlayBook™ tablet, the award-winning BlackBerry smartphone, software for businesses and accessories. BlackBerry products and services are used by millions of customers around the world to stay connected to the people and content that matter most throughout their day.

Public Holdings
Restricted data only for RelSci Professional users.
Awards & Honors
Rank #1577
2016
Forbes Magazine - The World's Billionaires
Rank #1741
2015
Forbes Magazine - The World's Billionaires
CFA (Chartered Financial Analyst)
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Prem Watsa. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Prem Watsa's profile does not indicate a business or promotional relationship of any kind between RelSci and Prem Watsa.