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Zenith facing scrutiny over Fairfax merger

22 February 2010

Fairfax Financial Holdings’ proposed acquisition of US insurer Zenith National Insurance is facing multiple investigations on behalf of disgruntled investors in Zenith over allegations of breaches of fiduciary duty by Zenith’s board of directors.

Read more: Fairfax Financial Holdings Zenith National Insurance

Fairfax Financial Holdings’ proposed acquisition of US insurer Zenith National Insurance is facing multiple investigations on behalf of disgruntled investors in Zenith over allegations of breaches of fiduciary duty by Zenith’s board of directors.

The investigations by law firms focus on whether Fairfax’s proposed $1.4bn acquisition of Zenith provides adequate value to the Zenith’s shareholders.Last...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield