Known Issue 329

Layer gross losses are incorrect when using the revised min-max methodology.

Issue ID	329
Summary	Layer gross losses are incorrect when using the revised min-max methodology.
Description	Touchstone 2020 (8.0) introduced the ability to run a revised implementation of the min-max deductible methodology where it correctly accounted for the sub limit terms as appropriate, before applying the layer terms. However, when there are layers applied in such a way that the layer at the top is not associated with any min-max sub limits, and the layers below it are associated with min-max sub limits, the gross losses from this top layer are underestimated.
Resolved in
Date posted	8/31/2021
Software versions affected	10.0, 9.1, 9.0
Feature set	Detailed loss
Models	All
Potential for loss numbers impact	Yes
Workaround