A.M. BestTV: Fairfax’s Prem Watsa Named Leader of the Year; Program Breaks Record

OLDWICK, N.J.–(BUSINESS WIRE)–This A.M.BestTV episode highlights the annual St. John’s
University Insurance Leader of The Year Awards Dinner that took place
recently in New York, NY. This year’s annual event named Prem Watsa,
chairman and chief executive officer, Fairfax Financial Holdings,
as its Leader of The Year. Click on http://www.ambest.com/v.asp?v=insuranceleader116
to view the entire program.

The event raised $3.1 million for St. John’s University School of Risk
Management, which was a record breaker.

“The benefit of this dinner is very direct, 100% of the proceeds go to
students of St. John’s, graduates and undergraduates,” said Brandon
Sweitzer, dean, St. John’s University School of Risk Management. “Also,
part of the proceeds goes to support the career center, which is unique,
among schools of our kind in providing jobs and partnerships for our
students, while they are both undergraduates and graduates, as they go
forward into the workforce.”

“It is a great honor coming from the industry … a humbling experience
and recognition by your peers. It is also recognition of what the
leaders at Fairfax have done,” said Watsa.

Other people that appear in this episode:

  • Kevin H. Kelley, chief executive officer, Ironshore; and
  • John Lumelleau, president and chief executive officer, Lockton

Recent episodes of A.M.BestTV include:

  • Easier, Faster and Cheaper: Insurers Refocus on Small Businesses
    : Commercial insurers are aggressively courting small
    businesses, but are torn concerning platforms and selling strategies: http://www.ambest.com/v.asp?v=smallbusiness116.
  • Carriers See Coverage Opportunity in Renters’ Insurance:
    Renters across the United States remain underinsured, although recent
    trends are leading carriers to be more aggressive in this market: http://www.ambest.com/v.asp?v=renters116.
  • 2016 A Pivotal Year for Regulation, Say Insurance Industry Leaders:
    At the Property/Casualty Insurance Joint Industry Forum, held in New
    York, NY, industry leaders discussed Solvency II, capital standards,
    equivalency, reinsurance-covered agreements and other regulatory
    issues that they said will be the dominant topics in 2016: http://www.ambest.com/v.asp?v=pcjointforum2116.
  • U.S. Property/Casualty Insurance Leaders Positive on 2016, Barring
    Major Catastrophes
    : At the Property/Casualty Insurance Joint
    Industry Forum, insurance leaders said they expect continued growth in
    the industry. However, they warned that the industry has been
    bolstered by unusually low catastrophe losses in recent years: http://www.ambest.com/v.asp?v=pcjointforum116.

A.M.BestTV covers exclusive A.M. Best information and
reports, targeted topics and key developments in the (re)insurance
industry every Monday, Wednesday and Friday. Sign up for alerts of
episodes at http://www.ambest.com/multimedia/ambtvsignup.html.
View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best is the world’s oldest and most authoritative insurance
rating and information source. For more information, visit

Copyright © 2016 by A.M. Best Company, Inc. and/or its


A.M. Best
Lee McDonald
Group Vice President,
Publication and News Services

(908) 439-2200, ext. 5561