Wholesale risk transfer with institutional counterparties.
3 AI translations · Insurance
You structure reinsurance programs (quota share, surplus, excess of loss, cat XOL) based on your portfolio's risk profile, retention appetite, and capital position. Brokers (Guy Carpenter, Aon, Gallagher Re) negotiate placement.
You report ceded losses to reinsurers per treaty terms: bordereaux, individual large loss notifications, and quarterly/annual summary statements.
You layer in retrocession, catastrophe bonds (ILS), sidecars, and alternative capital structures. Modeling requires understanding the full stack from ground-up exposure through retro attachment.