SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO CANADA M5J 2N7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HUB INTERNATIONAL LTD [ HBG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/13/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 06/13/2007 J(1) 10,326,950 D $41.5 0 I See footnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO CANADA M5J 2N7

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
WATSA V PREM ET AL

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO CANADA M5J 2N7

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
1109519 ONTARIO LTD

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO CANADA M5J 2N7

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
SIXTY TWO INVESTMENT CO LTD

(Last) (First) (Middle)
1800 CATHEDRAL PLACE
925 WEST GEORGIA ST.

(Street)
VANCOUVER, BC CANADA V6C 3L3

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
810679 ONTARIO LTD

(Last) (First) (Middle)
95 WELLINGTON STREET WEST
SUITE 800

(Street)
TORONTO, ONTARIO CANADA M5J 2N7

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ODYSSEY RE HOLDINGS CORP

(Last) (First) (Middle)
300 FIRST STAMFORD PLACE

(Street)
STAMFORD, CT 06902

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CLEARWATER INSURANCE CO

(Last) (First) (Middle)
300 FIRST STAMFORD PLACE

(Street)
STAMFORD, CT 06902

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Northbridge Financial CORP

(Last) (First) (Middle)
105 ADELAIDE STREET WEST

(Street)
TORONTO, ONTARIO CANADA M5H 1P9

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
LOMBARD GENERAL INSURANCE CO OF CANADA

(Last) (First) (Middle)
105 ADELAIDE STREET WEST

(Street)
TORONTO, ONTARIO CANADA M5H 1P9

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
MARKEL INSURANCE CO OF CANADA

(Last) (First) (Middle)
55 UNIVERSITY AVENUE
SUITE 1500

(Street)
TORONTO, ONTARIO CANADA M5J 2H7

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. On June 13, 2007, pursuant to an arrangement agreement between Hub International Limited (the "Company") and Maple Tree Acquisition Corporation ("Maple Tree") dated February 25, 2007 and amended March 22, 2007, Maple Tree acquired all of the issued and outstanding common shares of the Company for $41.50 per share in cash or equity in an affiliate of Maple Tree. Fairfax Financial Holdings Limited ("Fairfax") and its affiliates received $41.50 in cash per common share.
2. 1,522 common shares were held by Lombard Canada Ltd. ("Lombard Ltd"), 2,695,376 common shares were held by Lombard General Insurance Company of Canada ("Lombard"), 579,740 common shares were held by Federated Insurance Company of Canada ("Federated"), 1,532,151 common shares were held by Markel Insurance Company of Canada ("Markel"), 5,260,286 common shares were held by Clearwater Insurance Company, a wholly owned subsidiary of Odyssey Re Holdings Corp., and 257,875 common shares were held by Fairfax. Federated, Lombard, Lombard Ltd, and Markel are each wholly owned subsidiaries of Northbridge Financial Corporation.
/s/ Paul Rivett, Vice President 06/21/2007
/s/ V. Prem Watsa 06/21/2007
/s/ V. Prem Watsa, President 06/21/2007
/s/ V. Prem Watsa, President 06/21/2007
/s/ V. Prem Watsa, President 06/21/2007
/s/ Scott Donovan, Executive Vice President & Chief Financial Officer 06/21/2007
/s/ Scott Donovan, Executive Vice President 06/21/2007
/s/ John Varnell, Chief Financial Officer 06/21/2007
/s/ John Varnell, Director 06/21/2007
/s/ John Varnell, Director 06/21/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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