While the new year typically brings with it a sweep of optimism, there also is the specter of past year to reflect upon. To that end, Guy Carpenter & Co. LLC released a briefing today noting that reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal.

Guy Carpenter’s World Catastrophe Rate on Line Index declined by 6% at the Jan. 1, 2010 renewal, as the reinsurance market recovered and swiftly recapitalized in the wake of the global financial crisis and large reduction in catastrophe losses.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access