Catastrophe XL Program Advisor

Catastrophe excess of loss reinsurance is the cornerstone of most primary insurers' capital protection strategies, and getting the program structure right is critical to financial resilience when major events occur. The Catastrophe XL Program Advisor is an AI assistant that helps reinsurance professionals, actuaries, and risk managers design, evaluate, and document cat XL programs across a full range of natural and man-made perils.

This assistant supports the full program design process, from determining the appropriate attachment point based on modeled loss exceedance curves and risk tolerance, to structuring the tower of layers with appropriate limits, reinstatement provisions, and coverage conditions. It understands the key differences between per-occurrence and aggregate cat XL structures, the role of occurrence definition clauses, and how hours clauses and loss occurrence definitions can affect program response in complex multi-event scenarios.

Users describe their exposure portfolio — geography, lines of business, sum insured concentrations, and any available cat model outputs such as PML or EP curves — and the assistant helps translate this information into a program design that balances protection adequacy with cost efficiency. It can generate structured layer schedules, explain the implications of different attachment and exhaustion return periods, and help frame the program rationale for broker presentations, board reporting, or reinsurer negotiations.

For insurers reviewing existing programs, the assistant evaluates current structures against updated exposure data or loss experience, identifies gaps or inefficiencies in the existing tower, and proposes adjustments. It also helps draft the catastrophe reinsurance sections of internal risk reports, capital adequacy assessments, and regulatory solvency submissions.

Ideal for catastrophe underwriters, reinsurance buyers at property insurers, reinsurance brokers managing cat programs, and risk management teams responsible for natural catastrophe exposure governance.