Triggers (Reinsurance Programs)

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The following table details the validation rules for Touchstone fields related to triggers for Catastrophe Excess of Loss (CAT XOL) reinsurance programs:

Triggers do not change the way in which Touchstone applies CAT XOL terms. These triggers only affect the events to which a trigger applies.

Field	Description	Validation Rules	Default Value
Treaty Type	Catastrophe Excess of Loss treaties only	Required if you are creating a new record or editing an existing record
Treaty ID	User-specified name of this treaty	• Required if you are creating a new record or editing an existing record • Must be unique within the reinsurance program • Cannot begin with a space • Can contain up to 100 characters
Industry Loss Minimum	Reserved for future use
Industry Loss Maximum	Reserved for future use
Portfolio Loss Minimum	Minimum value of events to which Touchstone should apply this CAT XOL treaty Touchstone applies CATXOL treaties only to events with net losses between the portfolio minimum and maximum values.	• Applies only to CAT XOL treaties • Must be less than the portfolio loss maximum if the portfolio loss maximum value is greater than 0 • Must be a numeric value between 0 and 99999999999999, inclusive	0.0
Portfolio Loss Maximum	Maximum value of events to which Touchstone should apply this CAT XOL treaty Touchstone applies CAT XOL treaties only to events with net losses between the portfolio minimum and maximum values.	• Applies only to CAT XOL treaties • Must be greater than the portfolio loss minimum if the portfolio loss maximum value is greater than 0 • Must be a numeric value between 0 and 99999999999999, inclusive	0.0
Starting Event #	Sequence number of an event within a single year's set of events at which Touchstone begins applying this CAT XOL treaty. This starting event number is not the event ID. It is typically a number between 1 and 10, inclusive, depending on the number of events per year. The default value of 1 indicates that Touchstone applies this treaty starting with the first event of every year.	• Required if you are creating a new record or editing an existing record • Defaults to a value • Applies only to treaties of the CAT XOL treaty type • Must be a numeric value between 1 and 999, inclusive	1

Touchstone 7.0 Updated September 03, 2020