Guy Carp US property cat RoL index up 31.3% for 1.1 renewals
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Guy Carp US property cat RoL index up 31.3% for 1.1 renewals

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Guy Carpenter’s US property catastrophe rate-on-line (RoL) index for January 1 renewals has recorded a 31.3% year-on-year rise, which was “significantly tempered” by broad-based increases in retentions.

The reinsurance broker noted that this was the highest single-year increase for the US index since 2006. Further, it added that the change in 2006 was driven by regionalized increases, and did not demonstrate the same level of broad...

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