Fairfax's Investment in ERB Insurance
October 15, 2025
Canadian company Fairfax Financial Holdings plans to acquire 45% of ERB Insurance by investing €59 million. This move is seen as a vote of confidence in Eurobank Limited and the Cypriot economy. Fairfax operates globally in property and casualty insurance, and this investment is expected to strengthen the insurance market in Cyprus. The decision was known to the Presidential office and aligns with efforts to attract international investments. Fairfax will also have the option to acquire the remaining 55% of ERB in the future.