About invalid construction/occupancy pairs
In Analysis Settings, configure the financial engine to use the correct set, or pair, of construction and occupancy codes so that it can determine which damage functions to apply for each location.
Construction and occupancy codes are included in location-level exposure data. An example of an invalid pair is when a Verisk model does not accept a location's construction/occupancy pair for a peril specified for the location.
ImportExpress does not validate construction/occupancy pairs during import. Even if a pair is invalid for a region, ImportExpress passes the codes to the database. However, ImportExpress does validate individual construction and occupancy codes against valid supported codes, and does not import locations with invalid codes; the rejection file for the import contains information about the locations that were not imported. ImportExpress validates individual construction and occupancy codes for a country/region; if a code is invalid, it imports the locations, with the invalid codes, and enters a warning in the Import log.
Option | Description |
---|---|
Ignore | The loss engine omits from the analysis all locations that have construction and occupancy combinations that are invalid based on region/country, model, and/or peril. In that case, Touchstone does not produce loss results for these locations. To identify locations that were not included in a loss analysis, check the analysis log. |
Use System Default | During a detailed loss analysis, Touchstone remaps invalid construction
and occupancy code combinations using one or more of the following
construction and occupancy class codes, as applicable. When you select this
option, Touchstone uses this
option for each model individually within the analysis.
|
During an analysis, upon identifying a location with an invalid construction and occupancy code combination, Touchstone remaps the affected construction and/or occupancy codes by performing one of the processes listed in the following table for each model involved in the analysis:
Construction Code Valid? | Occupancy Code Valid? | Remapping Process |
---|---|---|
Invalid for model | Valid for model |
|
Valid for model |
Invalid for model |
|
Invalid for model | Invalid for model |
|
Valid for model, but incompatible with occupancy code | Valid for model, but incompatible with construction code |
|
The detailed loss analysis log contains information about validation and remapping that occurs before and during the loss analysis. The Financial Model Options section in the log specifies the settings used during the analysis. To view information about invalid pairs, search for Remap Construction code in the analysis log.
Here's an example of a log entry for an invalid pair, where the setting was System Default, US is the contract ID, and PharmacyX is the location. In addition, if the loss analysis engine determines that construction code B is invalid, then it will use construction code A.
2014-03-19 12:42:08,918 MSG: 20140319 12:42:08 Remap Construction code A remap from 105 to 100 Construction code B remap from 105 to 100 Occupancy code remap from 307 to 311 for (ContractID,LocationID): (US,PharmacyX)