The latest index data from Guy Carpenter shows reinsurance rate softening accelerated at the mid-year
Global & US CAT rates down 16%, APAC 19% in 2026
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Global and US property cat rates down 16%, APAC 19% after July renewals in 2026: Guy Carpenter
Guy Carpenter has updated its Global Property Catastrophe Rate-On-Line Index, and the latest data shows that average risk-adjusted decreases have deepened since January 1st, with property catastrophe reinsurance rate on-line (ROL) now down globally by around 16% in 2026, the steepest fall of any year since the late 1990’s.

Following the 6/1 and 7/1 reinsurance renewals at the mid-year, the Guy Carpenter U.S. Property Catastrophe Rate On-Line Index is down further, at a 16% decline for 2026 so far. The Guy Carpenter APAC property catastrophe reinsurance rate-on-line index is also down even further at 19%.
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