Precipitation flood options

Precipitation flooding, which is modeled only for Japan, India, Australia, Caribbean, and United States Tropical Cyclone exposures, accounts for flooding that accompanies tropical cyclones.

New Detailed Loss Analysis > Analysis Settings > Precipitation Flood (AIR) > Precipitation Flood Options dialog box

Administration Console > Object Management > Loss Analysis Template > Analysis Settings > Precipitation Flood (AIR) > Precipitation Flood Options dialog box

You can include an estimate of the separately modeled precipitation flood losses when calculating losses for tropical cyclone events.

Note: Precipitation flood does not apply for workers' compensation policies.
You can set the precipitation flood percentage for each line of business (LOB) associated with the target for a catastrophe peril analysis. You can specify a single precipitation flood percentage that applies to the entire analysis or you can specify a precipitation flood percentage by individual LOBs.
Option Description
Single Precipitation Flood % Select this option, specify the percentage to apply to the entire analysis, and then click Apply.
Precipitation Flood % by LOB Select this option, update the percentage, and then click Apply.
  • Total Records displays the total number of lines of business associated with the target or targets for the selected catastrophe peril analysis.
  • Line of Business displays each line of business associated with the target or targets for the catastrophe peril analysis. You can specify a percentage for each LOB in the corresponding Precipitation Flood % field. The LOB values come from the selected analysis targets. You can filter the Line of Business and Precipitation Flood % lists. You can apply the same percentage to multiple LOBs by selecting the LOB rows and then entering the percentage in the Update % field. You can also copy and paste values to and from an Excel spreadsheet. Click the header of any column to sort the list of LOBs and percentages by that column.
  • Precipitation Flood % Specifies the precipitation flood percentage for each line of business associated with the target for this catastrophe peril analysis. Click the Precipitation Flood % field for the LOB for which you want to set the precipitation flood percentage and then enter the desired precipitation flood percentage. Click Apply to save your changes.
Options for U.S. Model You can specify On-Floodplain or Off-Floodplain as the source of flooding for U.S. models
Reset Defaults Resets all percentages to Touchstone defaults.
OK Saves your changes and closes the dialog box.
Cancel Closes the dialog box without saving your changes.