Quainance AI● Demo Data
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Demo Data
Based on FY2025 Annual Report= Official reported figure|Unmarked = Modeled / estimated breakdown
How losses transfer through the treaty tower — every figure traceable to its formula
Reinsurance Program
AI Insight
The FY2025 program ceded USD 10.9B in premium against USD 9.2B recovered — a net cost of ~1.7B that lifted the net combined ratio above gross. That is reinsurance working as designed: the Gulf Coast hurricane alone returned 160M through the Property XoL and NA Cat layers.
Source: Deterministic program engine, FY2025 loss-event set
Treaty Program — Tower Order
Lower order cedes first; later treaties see the loss net of prior cessions| # | Treaty | Type | Basis | Scope | Structure | Annual Ceded Premium |
|---|
Per-event layers (quota share, surplus, excess of loss) walk the tower in order. Stop-loss covers sit on top: they protect an aggregate loss ratio on NEP, computed annually in Aggregate Protection below.