The Pacific Insurance Berhad had its roots going back to the 1950s when it was the Malayan business arm of The Netherlands Insurance Company.
On the 24th March 2011, Fairfax Asia Limited, a fully owned subsidiary of Fairfax Financial Holdings Limited acquired 100% of the equity of The Pacific Insurance Berhad.
Fairfax Financial Holdings Limited, founded in 1985 and with its headquarters in Toronto, is a financial service holding company listed on the Toronto Stock Exchange. It is a financial services holding company which, through its subsidiaries operating in more than 100 countries with annual premiums exceeding USD9 billion, Fairfax is engaged in general insurance and reinsurance business across the globe, with total assets exceeding USD45 billion and Shareholders’ equity exceeding USD10 billion as of June 2017.
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