LossAnalysisServiceClient Class Methods

For a list of all members of this type, see LossAnalysisServiceClient members.

Public Methods

Name Description

Abort (Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)

Close (Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)

DisplayInitializationUI (Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)

GetBaselineLossAnalyses Retrieves all Touchstone® Detailed Loss Analyses for a given Exposure Target that you can use as a baseline for a Loss Modification Analysis.

GetCustomFrequencySets

Imports all Custom Frequency Sets into Touchstone® Detailed Loss Analyses for a given SID within a specific Business Unit and SQL Server Instance.

Touchstone clients need a separate license for Model Builder with the Custom Event Frequency and Custom Vulnerability features in order to import custom catalogs using the Loss Analysis API.

The custom event frequency feature is applicable only to AIR models; it cannot be run with custom models created by the user. This feature does not apply for the Deterministic Event sets.

GetCustomVulnerabilitySets

Imports all Custom Vulnerability Sets into Touchstone® Detailed Loss Analyses for a given SID within a specific Business Unit and SQL Server Instance.

Touchstone clients need a separate license for Model Builder with the Custom Event Frequency and Custom Vulnerability features in order to import custom catalogs using the Loss Analysis API

GetDetailedLossAnalyses

Retrieves all Touchstone® Detailed Loss Analyses for a given Project within a specific Business Unit and SQL Server Instance.

The fundamental task of the Touchstone application is to analyze Project data. The Loss Analysis API enables you to improve the effectiveness and productivity of your catastrophic loss analyses by running multiple sensitivity analyses simultaneously. Input options include Event Sets, perils, and financial settings. Sensitivity analyses can vary Exposures or loss options. The Loss Analysis API stores each Detailed Loss Analysis as a Detailed Loss Analysis object, and you can use the GetDetailedLossAnalyses() method to retrieve a list of these objects for a particular Touchstone Project.

GetEventSets

Retrieves a list of all existing Touchstone® Event Sets for a given Business Unit and SQL Server Instance.

An Event Set is a data file of stochastic or historical occurrences of a particular peril or combination of perils in a particular geographic region. You can use Event Sets to perform Detailed Loss Analyses. There are three types of Event Sets, as follows:

Event Set Type	Description
Stochastic	Simulated events spanning 10K, 50K, 100K, or 500K years that AIR generates from catastrophe models and extrapolation of actual historical data
Historical	Actual historical events; used to estimate losses to your Exposure portfolio assuming the actual event recurred today
Realistic Disaster Scenario (RDS)	Events similar to the RDS created by Lloyd's of London; used to test how the market as a whole accumulates loss in RDS scenarios

GetLossAnalysisAnnualResults

Retrieves Touchstone® Loss Analysis Annual Results for a given Detailed Loss Analysis.

Loss Analysis Annual Results are the EP distribution per year for a specified Detailed Loss Analysis instance. The data that the GetLossAnalysisAnnualResults() method returns includes the following:

Year ID (the year)
Loss Standard Deviation (the standard deviation from the expected value)
Mean Loss
Maximum Loss

GetLossAnalysisEventResults

Retrieves Touchstone® Detailed Loss Analysis results for a specific Event.

The data that the GetLossAnalysisEventResults() method returns includes the following:

Returned Data	Description
Year ID	The year in which the Event analyzed took place
Event ID	The identifier of the specific Event analyzed
Ground-up Loss	The total loss due to the Event before limits and deductibles are applied
Gross Loss	The total loss due to the Event after limits and deductibles are applied
Pre-CAT Net Loss	The loss after applying all reinsurance treaties, except for CAT Excess of Loss (XOL) treaties

GetLossAnalysisSummaryResults

Retrieves Touchstone® Loss Analysis Summary Results for a given Detailed Loss Analysis.

Loss Analysis Summary Results are the Average Annual Losses (AAL), as opposed to the Event Losses. The data that the GetLossAnalysisSummaryResults() method returns includes the following:

Returned Data

Description

Type of loss

Summary Exceedance Probability (EP) or Tail Value at Risk (TVAR). The EP is the probability that various levels of loss will be exceeded. This is the basis upon which insurers estimate their likelihood of experiencing various levels of loss. The TVAR is the average of all losses beyond a specified return period.

Aggregate or Occurrence

Indicates whether the annual loss is the sum of all event losses in a single model year (aggregate loss) or the maximum event loss in a single model year (occurrence loss).

Financial Perspective

Indicates whether the loss is a gross, ground-up, net of pre-CAT, post-CAT net, pre-layer gross, or retained loss.

Financial Perspective	Description
Gross Loss	The total loss due to an event after limits and deductibles are applied
Ground-up Loss	The total loss due to an event before limits and deductibles are applied
Net Loss	The loss after applying all reinsurance treaties
Net of Pre-CAT Loss	The loss after application of all reinsurance treaties, except for CAT Excess of Loss (XOL) treaties
Post-CAT Net Loss	The loss after application of all reinsurance treaties, including CAT Excess of Loss (XOL) treaties
Pre-layer Gross Loss	The loss after applying Location-level limits and deductibles
Retained Loss	The loss after applying Location and Contract-level limits and deductibles

The expected value for the loss.

The standard deviation from the expected value.

EP1 - EP15

The probability that 15 points of loss will be exceeded. Some default levels are .1% (0.00100), .2% (0.00200), .4% (0.00400), 1% (0.01000), 2% (0.02000), and 5% (0.05000). An EP of 5% means that the loss value is likely to be equaled or exceeded 5% of the time.

Open (Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)

SubmitDetailedLossAnalysis

Submits a new Touchstone® Detailed Loss Analysis job.

You execute all analysis jobs against an Exposure View or Contract, and Touchstone stores the results in a Touchstone result Data Source (Database).

SubmitLossModAnalyses

Submits a new Touchstone® Loss Modification Analysis job with one or more Loss Modification Templates. Input options include the exposure target, loss modification analysis templates, perils, and financial settings.

You execute Loss Modification Analyses against a baseline Detailed Loss Analysis.

SubmitLossModAnalysis

Submits a new Touchstone® Loss Modification Analysis job. Input options include the exposure target, loss modification analysis template, perils, and financial settings.

You execute Loss Modification Analyses against a baseline Detailed Loss Analysis.

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Protected Methods

	Name	Description
	CreateChannel	(Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)
	GetDefaultValueForInitialization	(Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)
	InvokeAsync	(Inherited from System.ServiceModel.ClientBase<ILossAnalysisService>)

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Reference

LossAnalysisServiceClient Class
(Global) Namespace