Reinsurance rates across most lines of property catastrophe business declined at the January 1, 2010 renewal, according to a briefing released by Guy Carpenter & Company, LLC. The report, Rates Retreat as Capital Rebounds: Global Reinsurance Renewals at January 1, 2010 shows Guy Carpenter’s World Catastrophe Rate on Line (ROL) Index declining by six percent at the January 1, 2010 renewal, as the reinsurance market recovered and swiftly recapitalized in the wake of the global financial crisis and large reduction in catastrophe losses.