Fairfax Subsidiary Receives Subpoena in SEC Probe of GenRe
Canada’s Fairfax Financial Holdings Limited has announced that its subsidiary, Fairmont Specialty Group, has received a subpoena from the Securities and Exchange Commission requesting documents regarding “any non-traditional insurance product transactions entered into by Fairmont with General Re Corporation or affiliates thereof.”
The brief announcement said “Fairmont is cooperating with that request.”
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