Brian Young takes over as President of Fairfax Insurance, Carl Overy now CEO of Odyssey
- May 31, 2025
- Posted by: Saumya Jain
- Category: Insurance
Canadian financial holding company, Fairfax Financial Holdings Limited, has appointed Brian Young as President of Fairfax Insurance Group, with Carl Overy taking over as Chief Executive Officer (CEO) of Odyssey Group, effective January 1st, 2025.
Young, who joined Odyssey in 1996 and served as its CEO since 2011, assumes the role of President of Fairfax Insurance from Andrew Barnard, who is now Chairman of the company after serving as President for around 14 years.
Under Young’s leadership, Odyssey – a Fairfax subsidiary which provides reinsurance and specialty insurance – produced an underwriting profit for 13 consecutive years and almost tripled in size during his tenure.
The new CEO of Odyssey, Overy, has served as the CEO of OdysseyRe since April 2023, and previously served as CEO of Newline and the London branch of OdysseyRe for 15 years.
In his new role, Overy will lead the firm’s three operating platforms: OdysseyRe, Hudson, and Newline.
Prem Watsa, Chairman and CEO, Fairfax, commented, “Brian and Andy have worked together for nearly 35 years, the last 28 at Fairfax. Our expansive global (re)insurance operations will benefit greatly from their collective oversight.
“Carl is a proven leader who has devoted more than two decades of his life to Odyssey. We have no doubt that Odyssey will scale new heights under his leadership in the years to come.”
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