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11 February 2019Insurance

Fairfax appoints Peter Clarke as new chief operating officer

Canada-based Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, has appointed Peter Clarke as vice president and chief operating office of Fairfax.

Clarke has been with Fairfax for more than 20 years, most recently as vice president and chief risk officer, and before that as chief actuary.

Prem Watsa, chairman and chief executive officer, said: “Peter has done an outstanding job for Fairfax in all his numerous roles over the past two decades. As COO, he will report to Paul Rivett, our president, and will work closely with Andy Barnard, who oversees Fairfax’s insurance and reinsurance operations as president of Fairfax Insurance Group.”

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