ASLC-AUIC-20260219 — 94 entities assessed — $87.0B aggregate autonomous decision liability gap — Stress Test ASL-ST01 published
Humain PulseAutonomous Liability Clearing

Measure and clear the exposure
created by autonomous economic agents

Entities Assessed
94
Aggregate ADLG
$87B
Cleared
0
Publication
19 Feb 2026

Entities assessed for autonomous systemic liability exposure across cyber, commercial, reinsurance, ILS, and specialty lines.

AllianzChubbAIGSwiss ReMunich ReZurichGeneraliTravelersLiberty MutualMetLifePrudentialArch CapitalRenaissanceReBeazleyHannover ReAonMarsh McLennanLloyd'sNephilaFairfax+74 more
New Liability Class

Autonomous Systemic
Liability Class

ASLC defines the liability class created by non-human economic actors operating continuously, without identity anchors, across interconnected systems. No existing actuarial, regulatory, or capital framework accounts for this class.

01
Non-Human Agency
Economic actions initiated by agents with no legal personhood, no mortality, no jurisdiction.
02
Agent Correlation
Identical foundation models converge under stress. ρ→1.0 is the architectural default.
03
Decision-Chain Liability
AI across underwriting, trading, claims, capital allocation, optimization, modeling. Every function.
04
Machine Interaction
Agents transact with agents at machine speed. No clearing mechanism exists between autonomous counterparties.
05
Identity-less Externalities
Harm generated by actors that cannot be named, sued, or held liable under current frameworks.
06
Capital Recursion
Agents allocate capital that funds agents that allocate capital. Unwind speed exceeds regulatory response.
Measurement

Autonomous Decision
Liability Gap

ADLG quantifies capital misalignment caused by ASLC exposure. Per entity. One number. The gap between declared capital and the capital actually required under autonomous agent exposure.

Declared
$80.0B
Required
$87.3B
ADLG
$7.28B
Status
Unadj.

Example: Allianz SE — Declared capital $80.0B, ASLC-required $87.28B, ADLG $7.28B (Category C — Correlation)

Public Stress Test

ASL-ST01

Machine-Speed Autonomous Interaction Event (MSA-1)

Published 19 February 2026

Simultaneous autonomous decision failure across interconnected entities. All agents act on correlated signals at machine speed. No human checkpoint intervenes. Standard diversification assumptions collapse.

×1.42
Correlation Fracture (ρ)
Cross-entity agent correlation under simultaneous autonomous decision failure
+14%
TVaR 99.5% Uplift
Tail Value-at-Risk increase from unmodeled autonomous peril class
19×
Velocity Shock
Decision frequency multiplier — machine-speed vs human-calibrated reserve response
−22%
Diversification Collapse
Portfolio diversification benefit erosion under AI model monoculture
Capital Gap Range by Entity Type (Sector-Adjusted)
Lloyd's Syndicate
$180M – $500M
Tier-1 Reinsurer
$700M – $2.2B
ILS Fund
$100M – $380M
Composite Insurer
$420M – $1.15B
MGA / Specialty
$25M – $140M
Methodology

Sector-Adjusted
Distortion Indicators

Each ASLC category produces distinct capital distortion patterns. Benchmarks are calibrated per sector.

ASLC-AUIC Methodology v2.1
Capital data: FY2025 Annual Reports, Solvency II filings, Lloyd's Syndicate Returns, ILS fund disclosures

VVelocity20 entities
SCR Uplift
+7% – +15%
TVaR Drift (99.5%)
+12% – +24%
Correlation Fracture
+15% – +30%
Diversification Erosion
−18% to −36%
Capital Gap Range
$180M – $500M
CCorrelation25 entities
SCR Uplift
+6% – +14%
TVaR Drift (99.5%)
+10% – +22%
Correlation Fracture
+12% – +28%
Diversification Erosion
−15% to −32%
Capital Gap Range
$420M – $1.15B
AAccumulation15 entities
SCR Uplift
+5% – +12%
TVaR Drift (99.5%)
+9% – +18%
Correlation Fracture
+12% – +25%
Diversification Erosion
−14% to −30%
Capital Gap Range
$700M – $2.2B
MModel14 entities
SCR Uplift
+4% – +9%
TVaR Drift (99.5%)
+11% – +20%
Correlation Fracture
+10% – +22%
Diversification Erosion
−12% to −26%
Capital Gap Range
$100M – $380M
WWording7 entities
SCR Uplift
+7% – +15%
TVaR Drift (99.5%)
+12% – +24%
Correlation Fracture
+15% – +30%
Diversification Erosion
−18% to −36%
Capital Gap Range
$180M – $500M
DDecision13 entities
SCR Uplift
+3% – +8%
TVaR Drift (99.5%)
+8% – +15%
Correlation Fracture
+8% – +16%
Diversification Erosion
−10% to −22%
Capital Gap Range
$25M – $140M
Public Registry

Exposure
Publication

Entity-level autonomous capital distortion. FY2025 declared capital. Updated continuously.

ASLC-AUIC-20260219

94 / 94 entities
VVelocityReserves cannot survive machine-speed loss propagation20
Entity
Capital
Score
ADLG
Status
Beazley plc
$4.3B
89
$473M
UNADJUSTED
CFC Underwriting
$1.5B
88
$162M
UNADJUSTED
At-Bay
$300M
87
$32M
UNADJUSTED
Hiscox Ltd
$4.2B
86
$437M
UNADJUSTED
Coalition Inc
$900M
86
$94M
UNADJUSTED
Resilience Cyber Insurance
$600M
86
$62M
UNADJUSTED
AXA XL
$10.0B
85
$1.02B
UNADJUSTED
Corvus Insurance
$200M
85
$20M
UNADJUSTED
Brit Limited
$2.5B
84
$250M
UNADJUSTED
Fidelis Insurance Group
$2.4B
84
$240M
UNADJUSTED
Ascot Group
$2.2B
83
$216M
UNADJUSTED
Tokio Marine HCC
$5.0B
83
$490M
UNADJUSTED
W.R. Berkley Corporation
$8.4B
82
$806M
UNADJUSTED
Lancashire Holdings
$1.6B
82
$154M
UNADJUSTED
Inigo Ltd
$1.3B
80
$120M
UNADJUSTED
Apollo Syndicate Mgmt
$775M
80
$71M
UNADJUSTED
Convex Group
$4.0B
80
$368M
UNADJUSTED
CME Group
N/A
80
Advisory
UNADJUSTED
Atrium Underwriters
$625M
79
$56M
UNADJUSTED
Dale Underwriting
$540M
77
$46M
UNADJUSTED
CCorrelationSoftware monoculture breaks diversification assumption25
Entity
Capital
Score
ADLG
Status
AIG
$41.1B
85
$3.99B
UNADJUSTED
Chubb Limited
$74.1B
83
$6.89B
UNADJUSTED
Canopius Group
$2.0B
82
$182M
UNADJUSTED
Allianz SE
$80.0B
82
$7.28B
UNADJUSTED
Berkshire Hathaway Specialty
$10.0B
81
$890M
UNADJUSTED
QBE Insurance Group
$9.8B
80
$853M
UNADJUSTED
Zurich Insurance Group
$35.0B
80
$3.05B
UNADJUSTED
Generali Group
$32.6B
79
$2.77B
UNADJUSTED
Fairfax Financial
$26.3B
78
$2.18B
UNADJUSTED
Tokio Marine Kiln
$3.5B
78
$290M
UNADJUSTED
Tysers
N/A
78
Advisory
UNADJUSTED
Sompo International
$10.7B
77
$867M
UNADJUSTED
Guy Carpenter & Co
N/A
77
Advisory
UNADJUSTED
HDI Global Specialty
$4.0B
77
$324M
UNADJUSTED
Amwins Group
N/A
77
Advisory
UNADJUSTED
Aon plc
N/A
76
Advisory
UNADJUSTED
Marsh McLennan
N/A
76
Advisory
UNADJUSTED
RT Specialty
N/A
76
Advisory
UNADJUSTED
Lockton Companies
N/A
76
Advisory
UNADJUSTED
ERGO Group
$7.0B
76
$553M
UNADJUSTED
Gallagher
N/A
76
Advisory
UNADJUSTED
Howden Group
N/A
75
Advisory
UNADJUSTED
Groupama SA
$8.0B
75
$616M
UNADJUSTED
Cincinnati Financial
$9.5B
74
$712M
UNADJUSTED
Helvetia Holding
$5.5B
74
$412M
UNADJUSTED
AAccumulationReinsurers absorb untagged autonomous risk from cedants15
Entity
Capital
Score
ADLG
Status
Swiss Re AG
$22.7B
81
$2.25B
UNADJUSTED
Arch Capital Group
$26.9B
81
$2.66B
UNADJUSTED
Everest Re Group
$11.0B
80
$1.07B
UNADJUSTED
Munich Re
$34.4B
79
$3.27B
UNADJUSTED
Aspen Insurance
$3.5B
79
$332M
UNADJUSTED
Axis Capital
$5.5B
79
$522M
UNADJUSTED
Gen Re
$15.0B
78
$1.40B
UNADJUSTED
Hamilton Insurance
$3.0B
78
$279M
UNADJUSTED
SCOR SE
$6.5B
77
$592M
UNADJUSTED
PartnerRe Ltd
$7.5B
77
$682M
UNADJUSTED
Berkley Re
$2.5B
77
$228M
UNADJUSTED
Hannover Rück SE
$15.0B
76
$1.34B
UNADJUSTED
TransRe
$5.0B
76
$445M
UNADJUSTED
Enstar Group
$5.5B
76
$490M
UNADJUSTED
Talanx AG
$12.0B
75
$1.04B
UNADJUSTED
MModelThe pricing model is the asset — and it is wrong14
Entity
Capital
Score
ADLG
Status
Nephila Capital
$7.6B
87
$882M
UNADJUSTED
Securis Investment Partners
$9.7B
86
$1.11B
UNADJUSTED
Tangency Capital
$1.8B
85
$202M
UNADJUSTED
PRA
N/A
85
Advisory
UNADJUSTED
RenaissanceRe
$10.6B
84
$1.17B
UNADJUSTED
Twelve Capital
$9.7B
84
$1.07B
UNADJUSTED
Lloyd's Corporation
N/A
84
Advisory
UNADJUSTED
Leadenhall Capital
$5.7B
83
$616M
UNADJUSTED
Fermat Capital Mgmt
$10.1B
82
$1.07B
UNADJUSTED
Elementum Advisors
$3.7B
81
$385M
UNADJUSTED
CatCo Investment Mgmt
$400M
80
$41M
UNADJUSTED
Willis Towers Watson
N/A
77
Advisory
UNADJUSTED
Asta Managing Agency
$2.5B
77
$240M
UNADJUSTED
Argenta Holdings
$1.0B
76
$94M
UNADJUSTED
WWordingPolicy language silent on machine-generated liability7
Entity
Capital
Score
ADLG
Status
Aegis London
$620M
81
$52M
UNADJUSTED
MS Amlin
$1.5B
79
$120M
UNADJUSTED
Markel Corporation
$18.6B
79
$1.49B
UNADJUSTED
Aviva plc
$10.0B
78
$780M
UNADJUSTED
Chaucer Group
$1.5B
78
$117M
UNADJUSTED
Travelers Companies
$32.9B
77
$2.50B
UNADJUSTED
CNA Financial
$11.0B
77
$836M
UNADJUSTED
DDecisionThe decision-maker is the risk13
Entity
Capital
Score
ADLG
Status
Liberty Mutual
$34.9B
81
$3.11B
UNADJUSTED
Mosaic Insurance
$850M
80
$74M
UNADJUSTED
MetLife Inc
$28.7B
79
$2.44B
UNADJUSTED
Prudential Financial
$29.0B
78
$2.41B
UNADJUSTED
Progressive Corp
$31.2B
78
$2.59B
UNADJUSTED
Allstate Corporation
$28.7B
77
$2.33B
UNADJUSTED
The Hartford
$18.5B
76
$1.46B
UNADJUSTED
New York Life
$26.0B
76
$2.05B
UNADJUSTED
GEICO
$14.0B
76
$1.11B
UNADJUSTED
AmTrust Financial
$5.0B
76
$395M
UNADJUSTED
Mapfre SA
$11.0B
75
$847M
UNADJUSTED
Aegon NV
$14.0B
75
$1.08B
UNADJUSTED
Aflac Inc
$10.5B
74
$788M
UNADJUSTED
About

Independent analytical infrastructure for the measurement of autonomous systemic liability exposure.

Exposure scores and ADLG calculations are derived from publicly available capital data — annual reports, Solvency II filings, Lloyd's syndicate returns, and ILS fund disclosures. Entity-level assessments are published continuously.

The liability class exists.
We measure it.