Softening property market a global phenomenon: Fairfax COO Clarke
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Softening property market a global phenomenon: Fairfax COO Clarke

The Canadian insurer saw property rates dip across its global divisions, but it had strong rate on liability.

By Adam Kovac
August 01, 2025
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
fairfax financial logo.png

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.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

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