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.

Project Data > Exposure Views > {Select an Exposure View} > New Analysis: Detailed Loss > New Detailed Loss Analysis > Analysis Settings > Select Custom Curve > > Demand Surge Options dialog box

Project Data > > Exposure Views > {Open an Exposure View} > Contract List > {Select a Contract} > New Analysis: Contract Loss > New Detailed Loss Analysis > Analysis Settings > Select Custom Curve > > Demand Surge options dialog Box

Administration Console > Object Management > Loss Analysis Template > Analysis Settings > Select Custom Curve > > Demand Surge Options dialog box

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:
  • Select this check box to use the standard demand surge curve.
  • Select the corresponding Custom check box to use a custom demand surge curve.
  • If there is no custom demand surge curve for this region, the Standard check box is selected and read only.
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:
  • Select this check box to use a custom demand surge curve.
  • Select the corresponding Standard check box to use the standard demand surge curve.
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.