Softening property market a global phenomenon: Fairfax COO Clarke
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Softening property market a global phenomenon: Fairfax COO Clarke

The Canadian insurer saw property rates dip across its global divisions.

By Adam Kovac
August 01, 2025
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The US is not alone in experiencing a softening property market, according to Fairfax president and COO Peter Clarke, who noted that rates are coming down anywhere from single digits to up to 10% globally.

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Topics

News Results Property Casualty/GL Specialty lines Marine Insurers Fairfax Financial
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