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What's New in Touchstone 6.0 Validation Reference

The Touchstone Exposure Data Validation Reference includes support for updated models and enhancements.

The Country Data Lookup Tool, which is available on AIR’s Client Portal, is a macro-enabled Microsoft Excel workbook that provides exposure-related data on a per-country basis, including ISO country codes, CRESTAs, Areas, Subarea support, Subareas (counties) for the United States, Postal code support, Currency codes, Construction and occupancy class regions, AIRconstruction codes, and AIRoccupancy codes.

Associated construction/occupancy class codes Help topics have been updated with supported codes.

Refer to the model documentation on AIR's Client Portal for detailed information about modeled perils, construction classes, and occupancy classes, for each model.

Documentation for some AIR models includes a document that serves as a guide to the secondary risk characteristics (SRC) used in the model. SRC are features of a building and its environment that have a significant impact on the building’s vulnerability to damage during an event. The SRC are important contributing factors to losses sustained by residential, commercial, and industrial properties. You can search the Client Portal for SRC documents by typing “secondary risk characteristics” in the Search field.

New and Updated Models

The following models are new to, or have been updated in, Touchstone 6.x. New and/or updated loss files are available for each of these models.

       AIR Typhoon Model for Mainland China, model 65, which models the risk from both wind and precipitation flood.

       AIR introduces the AIR Severe Thunderstorm Model for Europe, model 43, which models the sub-perils straight-line wind and hail using the exact elliptical footprint of each event rather than a grid.

       Touchstone now offers the AIR Inland Flood Model for Southeast Europe, which models the effects of on-plain and off-plain flooding on properties in Albania, Macedonia, and Serbia

       Touchstone now offers the AIR Earthquake Model for Southeast Europe, which models the effects of ground shake damage on properties in Albania, Macedonia, and Serbia.

       The AIR Earthquake Model for Europe introduces updates to expand supported building types (including industrial facilities), marine risks, and construction/erection risks.

       The AIR Extratropical Cyclone Model for Europe provides major enhancements across the model, including expansion of the modeled countries and support for several new risk types, including large industrial facilities, wind turbines, marine cargo, and builder's risk.

       AIR has updated the AIR Wildfire Model for the United States, which simulates the behavior of all wildfires greater than 100 acres in size. The model covers 13 Western states.

       The AIR Flood Model for the United States includes updates to the automobile damage functions, accounting for recent, reported losses for extreme, short-duration precipitation disasters.

       The U.S. Hurricane Model for Offshore Assets includes updates that account for updates to AIR's Industry Exposure Database for the United States, as well as updates to market prices of oil and gas.

Exposure Data Enhancements

       Touchstone will append the PWX peril code to PWH exposures for the 22 countries where the Extratropical Cyclone (ETC) and Severe Thunderstorm (ST) models are supported.

 


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Touchstone 6.0 Updated September 03, 2020