* Q1 loss/shr $12.42 vs EPS $20.38 last year
* Q1 rev falls 11 pct to $1.6 bln
* Records $217.7 mln after-tax loss from Japan quake (Follows alerts)
April 28 (Reuters) - Canadian property and casualty insurer Fairfax Financial Holdings Ltd posted a quarterly net loss, hurt by the impact of the Japan earthquake.
The Toronto-based company posted a first-quarter net loss of $240.6 million, or $12.42 a share, compared with a profit of $418.4 million, or $20.38 a share, last year.
Fairfax said it recorded a $217.7 million after-tax loss net of reinsurance and reinstatement premiums from the Japan earthquake.
Revenue fell 11 percent to $1.56 billion, while net premiums earned were $1.34 billion, up from $1.06 billion, a year ago.
Book value per share slid 6 percent to $354.72 at March 31.
Fairfax's total debt to capital ratio was 25.5 percent at the end of the quarter, compared with 23.9 percent a year earlier.
Shares of Fairfax closed at C$380.51 on Thursday on the Toronto Stock Exchange. (Reporting by Amruta Sabnis in Bangalore; Editing by Don Sebastian)