SC 13D/A
 
 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

AMENDMENT NO. 1 TO

SCHEDULE 13D

Under the Securities Exchange Act of 1934

AbitibiBowater Inc.
(Name of Issuer)
Common Stock, $1.00 par value
(Title of Class of Securities)
003687100
(CUSIP Number)
Eric P. Salsberg
Vice President, Corporate Affairs
Fairfax Financial Holdings Limited
95 Wellington Street West, Suite 800
Toronto, Ontario, Canada, M5J 2N7
Telephone: (416) 367-4941
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
- With a copy to -
Christopher J. Cummings
Shearman & Sterling LLP
Commerce Court West
199 Bay Street, Suite 4405
Toronto, Ontario M5L 1E8
Telephone (416) 360-8484
October 15, 2008
(Date of Event Which Requires Filing of this Statement)

     If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box o.

     The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

 

                         
CUSIP No.
  
003687100 
 13D Page  
 2 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

V. Prem Watsa
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   36,886,111
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    36,886,111
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  36,886,111
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  40.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN

2

 

                         
CUSIP No.
  
003687100 
 13D Page  
 3 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

1109519 ONTARIO LIMITED
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Ontario, Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   36,886,111
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    36,886,111
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  36,886,111
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  40.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

3

 

                         
CUSIP No.
  
003687100 
 13D Page  
 4 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

THE SIXTY TWO INVESTMENT COMPANY LIMITED
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Columbia
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   36,886,111
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    36,886,111
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  36,886,111
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  40.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

4

 

                         
CUSIP No.
  
003687100 
 13D Page  
 5 
   of   
 48 
  
 Pages 

 

           
1   NAME OF REPORTING PERSON

810679 ONTARIO LIMITED
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Ontario, Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   36,886,111
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    36,886,111
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  36,886,111
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  40.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

5

 

                         
CUSIP No.
  
003687100 
 13D Page  
 6 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

FAIRFAX FINANCIAL HOLDINGS LIMITED
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   36,886,111
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    36,886,111
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  36,886,111
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  40.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

6

 

                         
CUSIP No.
  
003687100 
 13D Page  
 7 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

TIG INSURANCE COMPANY
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   5,269,444
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    5,269,444
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  5,269,444
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  9.0
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

7

 

                         
CUSIP No.
  
003687100 
 13D Page  
 8 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

THE NORTH RIVER INSURANCE COMPANY
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  New Jersey
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   7,904,166
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    7,904,166
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  7,904,166
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  12.9
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

8

 

                         
CUSIP No.
  
003687100 
 13D Page  
 9 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

ODYSSEY RE HOLDINGS CORP.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   10,538,888
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    10,538,888
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,538,888
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  16.5
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

9

 

                         
CUSIP No.
  
003687100 
 13D Page  
 10 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

ODYSSEY AMERICA REINSURANCE CORPORATION
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Connecticut
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   10,538,888
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    10,538,888
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  10,538,888
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  16.5
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

10

 

                         
CUSIP No.
  
003687100 
 13D Page  
 11 
   of   
 48 
    Pages

 

           
1   NAME OF REPORTING PERSON

NORTHBRIDGE FINANCIAL CORPORATION
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   7,587,999
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    7,587,999
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  7,587,999
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  12.5
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

11

 

                         
CUSIP No.
  
003687100 
 13D Page  
 12 
   of   
 48 
    Pages 

 

           
1   NAME OF REPORTING PERSON

MARKEL INSURANCE COMPANY OF CANADA
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,190,894
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    1,190,894
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,190,894
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  2.2
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

12

 

                         
CUSIP No.
  
003687100 
 13D Page  
 13 
   of   
 48 
  Pages

 

           
1   NAME OF REPORTING PERSON

COMMONWEALTH INSURANCE COMPANY
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,844,305
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    1,844,305
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,844,305
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  3.3
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

13

 

                         
CUSIP No.
  
003687100 
 13D Page  
14 
   of   
48 
    Pages

 

           
1   NAME OF REPORTING PERSON

FEDERATED INSURANCE COMPANY OF CANADA
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   653,411
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    653,411
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  653,411
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  1.2
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

14

 

                         
CUSIP No.
  
003687100 
 13D Page  
15 
   of   
48 
    Pages

 

           
1   NAME OF REPORTING PERSON

LOMBARD GENERAL INSURANCE COMPANY OF CANADA
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   3,899,388
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    3,899,388
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,899,388
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  6.8
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

15

 

                         
CUSIP No.
  
003687100 
 13D Page  
16 
   of   
48 
    Pages

 

           
1   NAME OF REPORTING PERSON

LOMBARD INSURANCE COMPANY
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  OO
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e).
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Canada
       
  7   SOLE VOTING POWER
     
NUMBER OF  
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   526,944
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON  
       
WITH 10   SHARED DISPOSITIVE POWER
     
    526,944
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  526,944
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  1.0
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

16

 

     This Amendment No. 1 amends the Schedule 13D filed with the Securities and Exchange Commission on April 11, 2008 by V. Prem Watsa, 1109519 Ontario Limited, The Sixty Two Investment Company Limited, 810679 Ontario Limited, Fairfax Financial Holdings Limited, TIG Insurance Company, The North River Insurance Company, OdysseyRe Holdings Corp., Odyssey America Reinsurance Corporation, Northbridge Financial Corporation, Markel Insurance Company of Canada, Commonwealth Insurance Company, Federated Insurance Company of Canada, Lombard General Insurance Company of Canada and Lombard Insurance Company (collectively, the “Reporting Persons”).
     This Amendment No. 1 to the Schedule 13D relates to the election by AbitibiBowater Inc. (“AbitibiBowater”), pursuant to the terms of the Notes (as defined below), to pay interest on the Notes on the October 15, 2008 interest payment date entirely by increasing the principal amount of the Notes in lieu of paying cash interest on the Notes.
     The following amendments to Items 1, 3, 4, 5 and 7 of the Schedule 13D are hereby made:
Item 1. Security and Issuer
          Item 1 of the Schedule 13D is hereby amended in its entirety to read as follows:
          “The class of securities to which this statement relates is the Common Stock, par value $1.00 per share, of AbitibiBowater Inc. (the “Shares”). The Shares are listed on the New York Stock Exchange and the Toronto Stock Exchange. The address of the principal executive office of AbitibiBowater is 1155 Metcalfe Street, Suite 800, Montreal, Quebec, Canada H3B 5H2.
          On April 1, 2008, Fairfax Financial Holdings Limited, and certain of its subsidiaries, purchased $350 million aggregate principal amount of 8.0% Convertible Notes due 2013 (the “Notes”) of AbitibiBowater in a private transaction.
          Pursuant to the terms of the Notes, AbitibiBowater elected to pay interest on the Notes on the October 15, 2008 interest payment date entirely by increasing the principal amount of the Notes in lieu of paying cash interest on the Notes. Following such increase, the aggregate principal amount of outstanding Notes is approximately $368.9 million.
          The Notes are convertible into Shares at the option of the holder thereof at any time prior to the close of business on the business day immediately preceding the maturity date based on an initial conversion rate of 100 shares per $1,000 principal amount of Notes (equivalent to an initial conversion price of $10.00 per share), subject to adjustment under certain circumstances.”
Item 3. Source And Amount Of Funds Or Other Consideration
          Item 3 of the Schedule 13D is hereby amended in its entirety to read as follows:
          “The source of funds for the purchase of the Notes was available cash on hand from existing investment portfolios. The purchase price of the Notes was $350,000,000.

17

 

          Pursuant to the terms of the Notes, AbitibiBowater elected to pay interest on the Notes on the October 15, 2008 interest payment date entirely by increasing the principal amount of the Notes in lieu of paying cash interest on the Notes.”
Item 4. Purpose of Transaction
          Item 4 of the Schedule 13D is hereby amended in its entirety to read as follows:
          “The Notes were acquired for investment purposes.
          The Reporting Persons have the following plans and proposals:
          (a) Except as described herein, the Reporting Persons currently do not intend to acquire or dispose of securities of AbitibiBowater, but may formulate plans to do so in the future. The Reporting Persons intend to review, on a continuous basis, various factors related to their direct or indirect investment, as the case may be, in AbitibiBowater, including the price and availability of the securities of AbitibiBowater, subsequent developments affecting AbitibiBowater’s business, other investment and business opportunities available to the Reporting Persons and general market and economic conditions. Based upon these and other factors, the Reporting Persons may decide to purchase additional securities of AbitibiBowater or may decide in the future to sell all or part of their investment in AbitibiBowater;
          (b) The Reporting Persons have no plans or proposals to cause AbitibiBowater to enter into any extraordinary corporate transaction, such as a merger, reorganization or liquidation of AbitibiBowater or any of its subsidiaries;
          (c) The Reporting Persons have no plans or proposals to cause AbitibiBowater or any of its subsidiaries to sell or transfer a material amount of assets;
          (d) Except as described herein, the Reporting Persons have no plans or proposals which would result in a change in the present board of directors or management of AbitibiBowater, whether through a change in the number or term of directors or otherwise. Under the terms of the Purchase Agreement described in Item 6 herein, Fairfax was granted the right to appoint two directors to the board of directors of AbitibiBowater, and pursuant thereto Fairfax has caused two of its designees to be appointed to the board;
          (e) The Reporting Persons have no plans to make any material change in the present capitalization or dividend policy of AbitibiBowater;
          (f) The Reporting Persons have no plans or proposals to cause AbitibiBowater to make any other material change in its business or corporate structure;
          (g) The Reporting Persons have no plans or proposals to cause AbitibiBowater to change its certificate of incorporation or bylaws or to take other actions which may impede the acquisition of control of AbitibiBowater by any person;

18

 

          (h) The Reporting Persons have no plans or proposals to cause any class of securities of AbitibiBowater to be delisted from any securities exchange or cease to be authorized to be quoted in an inter-dealer quotation system;
          (i) The Reporting Persons have no plans or proposals to cause any class of equity securities of AbitibiBowater to become eligible for termination of registration pursuant to Section 12(g) of the Exchange Act; and
          (j) The Reporting Persons have no plans or proposals to take any actions similar to those enumerated above.”
Item 5. Interest in Securities of the Issuer
          Item 5 of the Schedule 13D is hereby amended in its entirety to read as follows:
          “(a) Based on the most recent information available, the aggregate number and percentage of the Shares (the securities identified pursuant to Item 1 of this Schedule 13D) that are beneficially owned by each of the Reporting Persons is set forth in boxes 11 and 13 of the second part of the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.
          (b) The number of Shares as to which each of the Reporting Persons has sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes 7, 8, 9 and 10, respectively, on the second part of the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.
          (c) Except as described herein, none of the Reporting Persons, nor, to the best knowledge of the Reporting Persons, any person listed in Annex A, B, C, D, E, F, G, H, I, J, K, L, M or N beneficially owns, or during the last 60 days has acquired or disposed of, any Shares.
          (d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Shares held by the Reporting Persons other than each of the Reporting Persons, except that pension plans of certain subsidiaries of Fairfax have a beneficial ownership interest in Notes convertible into 316,166 Shares.
          (e) Not applicable.”
Item 7. Material to be filed as Exhibits
          Item 7 of the Schedule 13D is hereby amended by the addition of the following exhibit to the end thereof:
  Ex. 1.1    Joint filing agreement dated as of October 17, 2008 among V. Prem Watsa, 1109519 Ontario Limited, The Sixty Two Investment Company Limited, 810679 Ontario Limited, Fairfax Financial Holdings Limited, TIG Insurance Company, The North River Insurance Company, Odyssey Re Holdings Corp., Odyssey America Reinsurance Corporation, Northbridge Financial Corporation, Markel

19

 

      Insurance Company of Canada, Commonwealth Insurance Company, Federated Insurance Company of Canada, Lombard General Insurance Company of Canada, and Lombard Insurance Company.

20

 

SIGNATURES
          After reasonable inquiry and to the best knowledge and belief of the undersigned, such person certifies that the information set forth in this statement with respect to such person is true, complete and correct.
          IN WITNESS WHEREOF, the undersigned has executed this instrument as of the 17th day of October, 2008.
         
  V. PREM WATSA
 		  
  /s/ V. Prem Watsa    
     
     
  1109519 ONTARIO LIMITED
 		  
  By:   /s/ V. Prem Watsa    
    Name:   V. Prem Watsa   
    Title:   President   
 
  THE SIXTY TWO INVESTMENT
COMPANY LIMITED
 		  
  By:   /s/ V. Prem Watsa    
    Name:   V. Prem Watsa   
    Title:   President   
 
  810679 ONTARIO LIMITED
 		  
  By:   /s/ V. Prem Watsa    
    Name:   V. Prem Watsa   
    Title:   President   

 

 

         
  FAIRFAX FINANCIAL HOLDINGS LIMITED
 		  
  By:   /s/ Paul Rivett    
    Name:   Paul Rivett   
    Title:   Vice President   
 
  TIG INSURANCE COMPANY
 		  
  By:   /s/ Nicholas C. Bentley    
    Name:   Nicholas C. Bentley   
    Title:   President and Chief Executive Officer   
 
  THE NORTH RIVER INSURANCE COMPANY
 		  
  By:   /s/ Paul Bassaline    
    Name:   Paul Bassaline   
    Title:   Vice President   
 
  ODYSSEY RE HOLDINGS CORP.
 		  
  By:   /s/ Donald L. Smith    
    Name:   Donald L. Smith   
    Title:   Senior Vice President   

 

 

         
  ODYSSEY AMERICA REINSURANCE CORPORATION
 		  
  By:   /s/ Donald L. Smith    
    Name:   Donald L. Smith   
    Title:   Senior Vice President   
 
  NORTHBRIDGE FINANCIAL CORPORATION.
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Chief Financial Officer   
 
  MARKEL INSURANCE COMPANY OF CANADA
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Director   
 
  COMMONWEALTH INSURANCE COMPANY
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Director   

 

 

         
  FEDERATED INSURANCE COMPANY OF CANADA
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Director   
 
  LOMBARD GENERAL INSURANCE COMPANY OF CANADA
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Director   
 
  LOMBARD INSURANCE COMPANY
 		  
  By:   /s/ Craig Pinnock    
    Name:   Craig Pinnock   
    Title:   Director   
 

 

 

Annex Index
     
Annex   Description
 
    
A
  Directors and Executive Officers of 1109519 Ontario Limited
 
    
B
  Directors and Executive Officers of The Sixty Two Investment Company Limited
 
    
C
  Directors and Executive Officers of 810679 Ontario Limited
 
    
D
  Directors and Executive Officers of Fairfax Financial Holdings Limited
 
    
E
  Directors and Executive Officers of TIG Insurance Company
 
    
F
  Directors and Executive Officers of The North River Insurance Company
 
    
G
  Directors and Executive Officers of Odyssey Re Holdings Corp.
 
    
H
  Directors and Executive Officers of Odyssey America Reinsurance Corporation
 
    
I
  Directors and Executive Officers of Northbridge Financial Corporation
 
    
J
  Directors and Executive Officers of Markel Insurance Company of Canada
 
    
K
  Directors and Executive Officers of Commonwealth Insurance Company
 
    
L
  Directors and Executive Officers of Federated Insurance Company of Canada
 
    
M
  Directors and Executive Officers of Lombard General Insurance Company of Canada
 
    
N
  Directors and Executive Officers of Lombard Insurance Company

25

 

ANNEX A
DIRECTORS AND EXECUTIVE OFFICERS OF
1109519 ONTARIO LIMITED
          The following table sets forth certain information with respect to the directors and executive officers of 1109519 Ontario Limited.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
(President and Director)
  Chairman and Chief Executive Officer,
Fairfax Financial Holdings Limited 		  Canadian
 
  95 Wellington Street West    
 
  Suite 800    
 
  Toronto, Ontario M5J 2N7    
 
        
Eric P. Salsberg
(Assistant Secretary and Director)
  Vice President, Corporate Affairs,
Fairfax Financial Holdings Limited 		  Canadian

26

 

ANNEX B
DIRECTORS AND EXECUTIVE OFFICERS OF
THE SIXTY TWO INVESTMENT COMPANY LIMITED
          The following table sets forth certain information with respect to the directors and executive officers of The Sixty Two Investment Company Limited.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
   Chairman and Chief Executive Officer,   Canadian
(President and Director)
   Fairfax Financial Holdings Limited    
 
   95 Wellington Street West    
 
   Suite 800    
 
   Toronto, Ontario M5J 2N7    
 
        
Eric P. Salsberg
   Vice President, Corporate Affairs,   Canadian
(Assistant Secretary and
   Fairfax Financial Holdings Limited    
Director)
        

27

 

ANNEX C
DIRECTORS AND EXECUTIVE OFFICERS OF
810679 ONTARIO LIMITED
          The following table sets forth certain information with respect to the directors and executive officers of 810679 Ontario Limited.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
   Chairman and Chief Executive Officer,   Canadian
(President and Director)
   Fairfax Financial Holdings Limited    
 
   95 Wellington Street West    
 
   Suite 800    
 
   Toronto, Ontario M5J 2N7    
 
        
Eric P. Salsberg
   Vice President, Corporate Affairs,   Canadian
(Assistant Secretary
   Fairfax Financial Holdings Limited    
and Director)
        

28

 

ANNEX D
DIRECTORS AND EXECUTIVE OFFICERS OF
FAIRFAX FINANCIAL HOLDINGS LIMITED
          The following table sets forth certain information with respect to the directors and executive officers of Fairfax Financial Holdings Limited.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
(Chairman and Chief Executive Officer)
  Chairman and Chief Executive Officer,
Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
   Canadian
 
        
Anthony Griffiths
(Director)
  Independent Business Consultant
Toronto, Ontario, Canada 		  Canadian
 
        
Robert Gunn
(Director)
  Independent Business Consultant
Toronto, Ontario, Canada 		  Canadian
 
        
David Johnston
(Director)
  President and Vice-Chancellor,
University of Waterloo
St. Clements, Ontario, Canada 		  Canadian
 
        
Brandon W. Sweitzer
(Director)
  Senior Advisor to the President of the
Chamber of Commerce of The United States
1615 H Street, NW
Washington, DC 20062 		  United States
 
        
Paul Murray
(Director)
  President, Pine Smoke Investments
Toronto, Ontario Canada 		  Canadian
 
        
Alan D. Horn
(Director)
  Chairman, Rogers Communications Inc. and
President and Chief Executive Officer,
Rogers Telecommunications Limited
Toronto, Ontario, Canada 		  Canadian and
United Kingdom
 
        
Greg Taylor
(Vice President and Chief Financial Officer)
  Vice President and Chief Financial Officer,
Fairfax Financial Holdings Limited 		  Canadian

29

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Eric P. Salsberg
(Vice President, Corporate Affairs)
  Vice President, Corporate Affairs,
Fairfax Financial Holdings Limited 		  Canadian
 
        
Paul Rivett
(Vice President,
Chief Legal Officer)
  Vice President, Chief Legal Officer,
Fairfax Financial Holdings Limited 		  Canadian
 
        
Bradley P. Martin
(Vice President, Chief Operating Officer and Corporate Secretary)
  Vice President, Chief Operating Officer
and Corporate Secretary,
Fairfax Financial Holdings Limited 		  Canadian

30

 

ANNEX E
DIRECTORS AND EXECUTIVE OFFICERS OF
TIG INSURANCE COMPANY
          The following table sets forth certain information with respect to the directors and executive officers of TIG Insurance Company.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Nicholas C. Bentley
(Chairman, Chief Executive Officer, President and Director)
  Chairman, Chief Executive Officer,
President and Director,
TIG Insurance Company
250 Commercial St.
Suite 5000 		  United Kingdom
 
  Manchester, New Hampshire 03101    
 
        
Charles G. Ehrlich
(Senior Vice President and Director)
  Senior Vice President, Secretary and General Counsel,
Riverstone Claims Management LLC
250 Commercial Street, Suite 5000
   United States
 
  Manchester, NH 03101    
 
        
John M. Parker
(Senior Vice President and Director)
  Senior Vice President,
TIG Insurance Company 		  United States
 
        
John J. Bator
(Senior Vice President, Chief Financial Officer and Director)
  Senior Vice President, Chief Financial Officer
and Director,
TIG Insurance Company 		  United States
 
        
Frank DeMaria
(Senior Vice President and Director)
  Senior Vice President,
TIG Insurance Company 		  United States

31

 

ANNEX F
DIRECTORS AND EXECUTIVE OFFICERS OF
THE NORTH RIVER INSURANCE COMPANY
          The following table sets forth certain information with respect to the directors and executive officers of North River Insurance Company.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Douglas M. Libby
(Chief Executive Officer and Chairman)
  President and Chief Executive Officer,
Crum & Forster Holdings Corp. and various other insurance subsidiaries, 		  United States
 
  305 Madison Avenue    
 
  Morristown, NJ 07962    
 
        
Joseph F. Braunstein, Jr.
(President, Chief Operating Officer and Director)
  Vice Chairman,
Crum & Forster Holdings Corp. and various other insurance subsidiaries,
305 Madison Avenue 		  United States
 
  Morristown, NJ 07962    
 
        
Mary Jane Robertson
(Executive Vice President, Chief Financial Officer, Treasurer and Director)
  Executive Vice President, Chief Financial Officer and Treasurer,
Crum & Forster Holdings Corp. and
various other insurance subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
   United States
 
        
Dennis J. Hammer
(Senior Vice President and Controller)
  Senior Vice President and Controller,
United States Fire Insurance Company,
305 Madison Avenue
   United States
 
  Morristown, NJ 07962    

32

 

ANNEX G
DIRECTORS AND EXECUTIVE OFFICERS OF
ODYSSEY RE HOLDINGS CORP.
          The following table sets forth certain information with respect to the directors and executive officers of Odyssey Re Holdings Corp.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
(Chairman)
  Chairman and Chief Executive Officer, Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7 		  Canadian
 
        
James F. Dowd
(Vice Chairman)
  President and Chief Executive Officer, Fairfax Inc.
305 Madison Avenue
Morristown, NJ 07962 		  United States
 
        
Andrew Barnard
(President, Chief Executive Officer and Director)
  President, Chief Executive Officer, and Director
Odyssey Re Holdings Corp.
300 First Stamford Place,
Stamford, Connecticut 06902 		  United States
 
        
Michael G. Wacek
(Executive Vice President)
  Executive Vice President,
Odyssey Re Holdings Corp. 		  United States
 
        
R. Scott Donovan
(Executive Vice President and Chief Financial Officer)
  Executive Vice President and Chief Financial Officer,
Odyssey Re Holdings Corp. 		  United States
 
        
Anthony J. Narciso, Jr.
(Senior Vice President and Controller)
  Senior Vice President and Controller,
Odyssey Re Holdings Corp. 		  United States
 
        
Donald L. Smith
(Senior Vice President, General Counsel and Corporate Secretary)
  Senior Vice President,
General Counsel and Corporate Secretary,
Odyssey Re Holdings Corp. 		  United States

33

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Peter M. Bennett
(Director)
  Deputy Chairman,
Aon Re Canada
150 King Street West
Suite 1900
Toronto, Ontario M5H 1J9 		  Canadian
 
        
Anthony F. Griffiths
(Director)
  Independent Consultant and Corporate Director,
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7 		  Canadian
 
        
Patrick W. Kenny
(Director)
  President and Chief Executive Officer,
International Insurance Society
101 Murray Street
New York, NY 10007 		  United States
 
        
Brandon W. Sweitzer
(Director)
  Senior Advisor to the President of the Chamber of Commerce of the United States
1615 H Street, NW
Washington, DC 20062 		  United States
 
        
Bradley P. Martin
(Director)
  Vice President, Chief Operating Officer and Corporate Secretary,
Fairfax Financial Holdings Limited 		  Canadian
 
        
Paul M. Wolff
(Director)
  Partner,
Williams & Connolly LLP
725 Twelfth St., N.W.
Washington, D.C. 20005 		  United States

34

 

ANNEX H
DIRECTORS AND EXECUTIVE OFFICERS OF
ODYSSEY AMERICA REINSURANCE CORPORATION
          The following table sets forth certain information with respect to the directors and executive officers of Odyssey America Reinsurance Corporation.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Andrew A. Barnard
(Chairman, Chief Executive Officer and Director)
  President, Chief Executive Officer, and Director
Odyssey Re Holdings Corp.
300 First Stamford Place,
Stamford, Connecticut 06902 		  United States
 
        
Michael G. Wacek
(President and Director)
  Executive Vice President,
Odyssey Re Holdings Corp. 		  United States
 
        
R. Scott Donovan
(Executive Vice President, Chief Financial Officer and Director)
  Executive Vice President and Chief Financial Officer,
Odyssey Re Holdings Corp. 		  United States
 
        
James E. Migliorini
(Executive Vice President and Director)
  Executive Vice President,
Odyssey America Reinsurance Corporation 		  United States
 
        
Donald L. Smith
(Executive Vice President and General Counsel and Director)
  Senior Vice President, General Counsel and Corporate Secretary,
Odyssey Re Holdings Corp. 		  United States
 
        
Brian D. Young
(Executive Vice President and Director)
  Executive Vice President,
Odyssey America Reinsurance Corporation 		  United States

35

 

ANNEX I
DIRECTORS AND EXECUTIVE OFFICERS OF
NORTHBRIDGE FINANCIAL CORPORATION
          The following table sets forth certain information with respect to the directors and executive officers of Northbridge Financial Corporation.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
V. Prem Watsa
(Chairman)
  Chairman and Chief Executive Officer,
Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7 		  Canadian
 
        
Mark J. Ram
(President and Chief Executive Officer, Director)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9
   Canadian
 
        
Craig Pinnock
(Chief Financial Officer)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Ron D. Barbaro
(Director)
  Independent Consultant and Corporate Director,
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Anthony F. Griffiths
(Director)
  Independent Consultant and Corporate Director,
Toronto, Ontario, Canada 		  Canadian
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian

36

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Bradley P. Martin
(Director)
  Vice President, Chief Operating Officer and Corporate Secretary,
Fairfax Financial Holdings Limited 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

37

 

ANNEX J
DIRECTORS AND EXECUTIVE OFFICERS OF
MARKEL INSURANCE COMPANY OF CANADA
          The following table sets forth certain information with respect to the directors and executive officers of Markel Insurance Company of Canada.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship  
 
        
Mark J. Ram
(Chair)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Silvy Wright
(President and Director)
  President,
Markel Insurance Company of Canada
55 University Avenue
Suite 1500
Toronto, Ontario M5J 2H7 		  Canadian
 
        
Lori McDougall
(Chief Financial Officer and Director)
  Chief Financial Officer,
Markel Insurance Company of Canada
55 University Avenue
Suite 1500
Toronto, Ontario M5J 2H7 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Pinnock
(Director)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian

38

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship    
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

39

 

ANNEX K
DIRECTORS AND EXECUTIVE OFFICERS OF
COMMONWEALTH INSURANCE COMPANY
          The following table sets forth certain information with respect to the directors and executive officers of Commonwealth Insurance Company.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Mark J. Ram
(Chair)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Hurford
(Vice Chair)
  Vice Chair,
Commonwealth Insurance Company
595 Burrard Street
Suite 1500, Box 49115 Bentall Tower III,
Vancouver, BC V7X 1G4 		  Canadian
 
        
Tim Ius
(President and Director)
  President,
Commonwealth Insurance Company
595 Burrard Street
Suite 1500, Box 49115 Bentall Tower III,
Vancouver, BC V7X 1G4 		  Canadian
 
        
Noel Philips
(Chief Financial Officer and Director)
  Chief Financial Officer,
Commonwealth Insurance Company
595 Burrard Street
Suite 1500, Box 49115 Bentall Tower III,
Vancouver, BC V7X 1G4 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Pinnock
(Director)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

40

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

41

 

ANNEX L
DIRECTORS AND EXECUTIVE OFFICERS OF
FEDERATED INSURANCE COMPANY OF CANADA
          The following table sets forth certain information with respect to the directors and executive officers of Federated Insurance Company of Canada.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Mark J. Ram
(Chair)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
John Paisley
(President and Director)
  President,
Federated Insurance Company of Canada
717 Portage Avenue
Winnipeg, Manitoba R3C 3C9 		  Canadian
 
        
Rick Hurlin
(Chief Financial Officer and Director)
  Chief Financial Officer,
Federated Insurance Company of Canada
717 Portage Avenue
Winnipeg, Manitoba R3C 3C9 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Pinnock
(Director)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian

42

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

43

 

ANNEX M
DIRECTORS AND EXECUTIVE OFFICERS OF
LOMBARD GENERAL INSURANCE COMPANY OF CANADA
     The following table sets forth certain information with respect to the directors and executive officers of Lombard General Insurance Company of Canada.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Mark J. Ram
(Chair)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Richard Patina
(President and Director)
  President,
Lombard General Insurance Company of Canada
105 Adelaide Street West
3rd Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Jane Gardiner-Robinson
(Chief Financial Officer and Director)
  Chief Financial Officer,
Lombard General Insurance Company of Canada
105 Adelaide Street West
3rd Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Pinnock
(Director)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian

44

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

45

 

ANNEX N
DIRECTORS AND EXECUTIVE OFFICERS OF
LOMBARD INSURANCE COMPANY
     The following table sets forth certain information with respect to the directors and executive officers of Lombard Insurance Company.
         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Mark J. Ram
(Chair)
  President and Chief Executive Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Richard Patina
(President and Director)
  President,
Lombard General Insurance Company of Canada
105 Adelaide Street West
3rd Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Jane Gardiner-Robinson
(Chief Financial Officer and Director)
  Chief Financial Officer,
Lombard General Insurance Company of Canada
105 Adelaide Street West
3rd Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Bryan S. Smith
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Craig Pinnock
(Director)
  Chief Financial Officer,
Northbridge Financial Corporation
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian
 
        
Robert J. Gunn
(Director)
  Independent Business Consultant and Corporate Director
Toronto, Ontario, Canada 		  Canadian

46

 

         
    Present Principal Occupation or    
    Employment and the Name, Principal    
    Business and Address of any Corporation    
    or other Organization in which such    
Name   employment is conducted   Citizenship
 
        
Robert S. Weiss
(Director)
  Independent Business Consultant and Corporate Director
105 Adelaide Street West, 7th Floor
Toronto, Ontario M5H 1P9 		  Canadian

47

 

Exhibit Index
     
Exhibit No.   Description
 
    
Ex. 1.1
  Joint filing agreement dated as of October 17, 2008 among V. Prem Watsa, 1109519 Ontario Limited, The Sixty Two Investment Company Limited, 810679 Ontario Limited, Fairfax Financial Holdings Limited, TIG Insurance Company, The North River Insurance Company, Odyssey Re Holdings Corp., Odyssey America Reinsurance Corporation, Northbridge Financial Corporation, Markel Insurance Company of Canada, Commonwealth Insurance Company, Federated Insurance Company of Canada, Lombard General Insurance Company of Canada, and Lombard Insurance Company.

48