Summary EP table - by perspective
Use the Summary EP Table (exceedance probability) to view results by any of the perspectives that were configured in the loss analysis and returned losses.
In the loss results, you select the perspectives that you want to appear in the Summary EP table. Each perspective appears as a row, with separate rows for aggregate (AGG) and occurrence (OCC) losses. When you select , and then select the Ground Up or Gross perspectives, targets with treaty losses are labeled Treaty Ground Up and Treaty Gross.
Perspective | Description |
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Ground Up | The total loss generated before the application of financial terms.If you apply reinsurance, Ground Up will appear as Treaty Ground Up in the Summary EP table. This is the maximum loss to which the treaty can be applied. For CAT XOL this will equal the net of pre-CAT loss. For all other types of reinsurance, if the treaties are applied in parallel, this will equal the gross loss. If the treaties are applied serially, each treaty's ground up loss will equal what remains from the previous treaty. |
Retained | The total loss generated after the application of location-level deductibles and of anything not covered by other limits or deductibles at the location or contract level. |
Pre-Layer Gross | The total loss generated after the application of location-level limits and deductibles. |
Gross | The total loss generated after the application of
contract-level limits and deductibles (including layers and sublimits). If you apply reinsurance, Gross will appear as Treaty Gross in the Summary EP table. This is the loss incurred after the application of reinsurance terms. |
Net of Pre-CAT | The total loss generated after the application of all reinsurance treaties except for Catastrophe Excess of Loss (CAT XOL) treaties. |
Post-CAT Net | The total loss generated after the application of all reinsurance treaties, including CAT XOL treaties. |