Apply treaties and certificates to areas and LOBs
In the Reinsurance Program Manager, you can apply treaties to lines of business (LOBs) in specified geographic regions (areas).
You can apply multiple LOBs to a single treaty. You do this on the treaty's Terms tab, where you can find important information about the Applies to Area and Applies to LOB options.
The following table summarizes the supported Applies to options by treaty and target type.
Treaty type | Target type | Applies to Area | Applies to Event | Applies to LOB |
---|---|---|---|---|
Catastrophe Excess of Loss | Portfolio | Yes | No | Yes |
Quota Share | Contract | No | No | Yes |
Quota Share | Location or Layer | See following note. | No | Yes |
Surplus Share | Location or Layer | No | No | No |
Per-Risk Excess of Loss | Contract | No | No | Yes |
Per-Risk Excess of Loss | Location or Layer | See following note. | No | Yes |
If you open a reinsurance program by clicking Reinsurance under Loss Diagnostics in the analysis configuration pane (instead of by clicking Reinsurance > All Programs in the navigation pane), you can select one or more LOBs from the Applies to LOB list (you do this after opening the program and selecting its Terms tab). This is because Touchstone populates the list with any LOBs in the exposure data.
When configuring the Applies to LOB field, when accessing reinsurance programs via the New Detailed Loss Analysis pane, Touchstone will validate the LOBs present in the exposure views selected for analysis. Any LOBs that do not appear within the selected exposure view(s) will not appear in the user interface. In contrast, if the LOBs within the Applies to LOB field do match the LOBs within the exposure view(s), the LOBs will appear within the Applies to LOB field when viewing the reinsurance program accessed via the Detailed Loss Analysis pane.
Procedure
- Open the Reinsurance Program Manager.
- Open the program that contains the treaty that you want to apply to LOBs by geographic region.
- In the Target Exposure list, select one or more exposure views to associate with the currently selected program.
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For each treaty that you want to apply, select the Terms tab
for the treaty.
If the treaty is a Quota Share treaty, make sure that you select location or layer as the target type.
-
Scroll to the Applies to Area column and click the down arrow to specify the
level of regional detail via a filter.
In the filter widget, select Area Code IsContainedIn CA. After you click Close in the widget, the Filters Applied status appears in the field. To view the current filters, click the down arrow.
-
Scroll to the Applies to LOB column:
- Enter each LOB, separated by commas.
- If you selected exposure views in the Target Exposure list, click the down arrow and select the LOBs.
If you do not want to apply reinsurance to your exposure data, enterNone
or another non-existent value. If you leave this field blank, Touchstone will apply reinsurance to your exposure data. - Click Save.
- Repeat for other treaties that you want to apply to areas and LOBs.