LA wildfire losses were ‘well within our risk appetite’: Fairfax COO Clarke
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LA wildfire losses were ‘well within our risk appetite’: Fairfax COO Clarke

The Canadian conglomerate’s total cat losses in Q1 reached $781mn, including $692.1mn from the fires.

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Fairfax Financial saw cat losses of $781mn in Q1, primarily from the devastating Los Angeles wildfires in January, but COO Peter Clarke said the damage was still “well within our risk appetite”.

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