An article in Reinsurance News about how the pricing cycle for the reinsurance market could soon catch up with the primary market includes a reference to the Guy Carpenter Global Property Catastrophe Rate-on-Line (ROL) Index, which increased 10.8% year-on-year.
The ROL index is presented in the Guy Carpenter briefing, January 2022 Reinsurance Renewal: An Evolving Market Leads to Divergent Outcomes. The Reinsurance News article also mentions that despite the reinsurance market being 5 years into a hard cycle, it has remained strongly capitalized, with supply comfortably meeting demand.