Guy Carp: RoL index falls 11% at renewals

Reinsurance broker Guy Carpenter's global property
catastrophe reinsurance rate-on-line index fell by 11 percent at
renewals, with rate reductions continuing across almost all lines
of business and geographies.
Guy Carpenter said that a lack of major catastrophes,
third-party capital and the persistent low interest rate
environment had led to a fall in renewal pricing in the 2015
renewal season, adding that the renewals continued to be
characterised by lower rates, excess capacity and broade