Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3 percent to 7.2 percent.

Guy Carpenter defines rate on line (ROL) as the cost of reinsurance based on premium as a percentage of limit. (See related renewal article from Carpenter, published on Dec. 30.)

Compared to 2024, Guy Carpenter said its ROL indices changed as follows during the January 2025 renewals:

• Global: decreased 6.6 percent
• U.S.: decreased 6.2 percent
• European: decreased 5.3 percent
• APAC: decreased by 7.2 percent

Carpenter said each ROL index is a measure of the change in the amount paid for coverage, year-on-year, on a consistent program base. Each index reflects the pricing impact of a growing (or shrinking) exposure base, changes in buying habits and the way risk is measured, as well as changes in market conditions. Unlike risk-adjusted measurements, each index is not dependent on the model or method used to measure the amount of perceived risk in a program, which can vary widely.

Guy Carpenter’s latest global and regional property catastrophe rate on line (ROL) indices were published on its Renewal Resource Center.

Related:

• Loss-Free Property Cat Rates Fall 5-15% as Reinsurer Appetite Grows: Guy Carpenter