Selecting a Baseline Analysis

When configuring a catastrophe peril analysis with a loss modification factor, you can select an existing loss analysis as the baseline analysis. This option provides significant savings in the required amount of runtime and database space, as the loss engine does not have to run AIR's original view again. This feature is useful if you want to see the effect of different loss modification factors on the original loss analysis results. In this case, the subsequent loss modification uses the same settings as those used during the selected baseline analysis.

You can use a baseline analysis only after running AIR's original view once. This restriction prevents a redundant run of AIR's view.

To select a baseline analysis in order to see the results of different modification factors on a baseline analysis:

1.     Create a new catastrophe peril analysis.

2.     In the Analysis Settings pane, navigate to the Flexibility area.

3.     In the Baseline Analysis list, select the baseline analysis that you want to use.

 

If you change any of the loss analysis configuration options after selecting a baseline analysis, the system prompts you that it will create a new baseline analysis. This ensures that the criteria for the analyses are the same in the baseline view and the modified view.

4.     In the Loss Modification Factor list, select the loss modification template that you want to use.

5.     Finish configuring the loss analysis and then run the analysis.

6.     Repeat the steps in this procedure as often as you want in order to see the results of different modification factors on the baseline analysis.

 

 


© 2020 AIR Worldwide. All rights reserved.

Touchstone 7.0 Updated September 03, 2020