XL Reinsurance Programme
Each layer acts as a potential barrier defined by attachment and limit
| # | Name | Attachment (M€) | Limit (M€) | Top (M€) |
|---|
Risk wave propagation through XL barriers
Amplitude decays through each barrier — dashed = tunnelling
Risk wave
Evanescent (tunnelling)
XL barrier (layer)
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Configure the programme, then price
Edit the XL layers and wave parameters,
then click â–¶ Price Layers.
then click â–¶ Price Layers.
Calculated peril
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% · most exposed layer
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penetration coefficient
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M€ · expected value price
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M€ ·
— vs classical
Layer-by-layer results
| # | Name | Structure | Tunnelling | Barrier slope | Regime | Classical (M€) | Wave (M€) | Loading |
|---|
Premium by layer — Classical vs Wave
Tunnelling probability vs attachment
Risk wave propagation through XL barriers
Computed propagation after pricing
Risk wave
Evanescent (tunnelling)
XL barrier (layer)
Wave-Mechanical Interpretation
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