Output Options Pane

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 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. This loss perspective is not available when you configure a non-catastrophe peril analysis.

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. This loss perspective is not available when you configure a non-catastrophe peril analysis.

Portfolio

This option is automatically selected for analyses that you run against an exposure view; it does not appear for analyses that you run against individual contracts. You cannot change this setting. It provides event-level losses.

Contract

Select one of the contract options to save loss results by individual contracts, individual layers, or user-defined lines of business (LOBs), or by a contract UDF. If you select the "Contract" or "Layer" option, you can generate LOB and layer losses from the database.

Location

Select one of the location options to save loss results by individual location, by a location UDF, or by a geographic resolution—Event Total, Country, Area (e.g. State), Sub Area (e.g. County), or Postcode (e.g. ZIP Code).

When you save losses by layer and geography and you select the Ground Up perspective, the Gross perspective is required. In addition, Touchstone then disables the Pre-Layer Gross option when both Ground Up and Gross perspectives are selected. Losses saved by layer and geography are available to Marginal Impact, Loss Group (for event-level and detailed level grouping), CAT XOL, and Loss Comparative analyses. When you save losses by layer and geography, Touchstone automatically enables Auto CLF.

When you save losses by layer and location, the Gross perspective is required. Losses saved by layer and location are available to Marginal Impact, Loss Group (for event-level and detailed level grouping), CAT XOL, and Loss Comparative analyses.

Contract Summary

Includes the AAL (Average Annual Losses) results for each contract instead of including the event losses for each contract.

Location Summary

Includes the AAL results for each location instead of including the event losses for each location. If you select this option, Touchstone automatically selects Contract Summary.

Coverage

Saves results by individual coverage (building, other structures, contents, time element).

# Claims

Saves an estimate of the number of claims that may affect your exposure, in addition to loss estimates. This field is valid only for U.S. locations and for all perils except Terrorism.

Injury Type

Saves results by injury types.

MAOL

For U.S. workers' compensation exposures only, applies MAOL (maximum any one life) insurance terms to the analysis results, enabling you to include the information in CLF export files. Touchstone applies MAOL limits before calculating financial perspectives.

Select this field and then edit the MAOL terms. If the check box is already selected and you want to edit the MAOL terms, click .

You can specify four different limits. This is useful, for example, if you are configuring an analysis with multiple reinsurance treaties, each of which contain different MAOL limits. The loss engine calculates the results net of MAOL for the four different limits. For example, assume that an analysis includes two reinsurance treaties. The first treaty specifies $50 million with an MAOL term of $5M while the second treaty specifies $40 million X $60 million with an MAOL of $10 million. You set Limit 1 to $5M and Limit 2 to $10 million.

While Touchstone typically generates losses at the event level, if the output is by location (postal or subarea), the application generates additional MAOL losses.

EP by Peril

Saves results by peril for inclusion in the Summary EP table. This option is supported for all models that Touchstone supports. However, when you report by peril, Touchstone uses only the main peril, not the sub-perils. For example, if a model produces loss for both Shake and Tsunami, Touchstone groups the losses together and displays them as Shake losses.

EP by Model

Saves results by model for inclusion in the Summary EP table. External models are not supported.

Zone

Accumulates in one or more selected zone sets.

Touchstone computes losses at the zone level, not at the zone set level. It generates AAL and EP curves by zones. The losses by zone are visible in the user interface and are available for export through Export. They are also available in the databases. Losses by contract by zone, losses by layer by zone, and  losses by LOB by treaty by zone are not visible in the user interface; however, you can export the loss results via Export and can access the results through the back-end databases.

Click here for information about configuring a zonal loss analysis.

Contract

Saves non-catastrophe details by contract. This option is automatically selected for non-catastrophe peril analyses. You cannot change this setting.

Layer

Saves non-catastrophe details by layer (as well as by contract).

Location

Saves non-catastrophe details by location (as well as by layer and contract).