Improved underwriting and Brit boost Fairfax Q3 results

Improved underwriting performance across Fairfax Financial's
insurance and reinsurance subsidiaries and the inclusion of recent
acquisition Brit helped boost third quarter operating profits for
the operations by 17 percent to $260.6mn.
Meanwhile, the Canadian conglomerate's defensive hedging
strategies helped it navigate a challenging investment climate and
support group level profitability, with net earnings down only 8
percent at $424.8mn.
The consolidated combined ratio across the group's ins