Demand surge options
The demand surge catastrophe peril analysis option inflates loss results to reflect the increased cost of labor and materials following a major catastrophe.
As the industry loss rises, so does the cost to repair and replace properties damaged in the event. The greater the industry loss is for an event, the greater the demand surge factor is that is used in the calculations.
Use the dialog box to view the demand surge regions associated with the event set that you have selected for this analysis. In addition, you can choose between the standard demand surge curve and a custom demand surge curve for each region for which an administrator has defined a custom demand surge curve.
Field or button | Description |
---|---|
Region | Displays each region associated with the event set that you have selected for this analysis. |
Standard | Specifies whether Touchstone
should use the standard demand surge curve for the corresponding region
during this analysis. If an administrator has defined a custom demand surge
curve for this region, you must select one of the following two check boxes:
|
Custom | Specifies whether Touchstone
should use a custom demand surge curve for the corresponding region during
this analysis. If an administrator has defined a custom demand surge curve
for this region, you must select one of the following two check boxes:
Note: Clearing the Custom check box for a region
automatically selects the associated check box in the Standard
column. If there is no custom demand surge curve for this region,
Touchstone does not display
a check box in this field. |
Countries | Displays a list of countries within each region associated with the event set that you have selected for this analysis. |
OK | Enables you to save your changes and close the Demand Surge Options dialog box. |
Cancel |
Enables you to close the dialog box without saving your changes. |