Known Issue 355
When applying a standalone CAT XOL to loss results that were run using the 10K World AP (STD or WSST) event sets, the losses from the Verisk Severe Thunderstorm Model for the United States are excluded.
Issue ID | 355 |
Summary | When applying a standalone CAT XOL to loss results that were run using the 10K World AP (STD or WSST) event sets, the losses from the Verisk Severe Thunderstorm Model for the United States are excluded. |
Description | The submission of standalone CATXOL analysis is not correctly saving the peril set code option for the Verisk Severe Thunderstorm Model for the United States in WAP event sets (STD and WSST). This issue is occurring specifically with WAP event sets and not with the U.S. event sets. |
Resolved in | Touchstone 2023 (11.0) |
Date posted | 5/1/2023 |
Software versions affected | 10.0 |
Feature set | Detailed loss |
Models | Verisk Severe Thunderstorm Model for the United States |
Potential for loss numbers impact | Yes |
Workaround | It is recommended to either use Detailed loss analysis with CAT XOL reinsurance for U.S. severe thunderstorm peril runs. Alternatively if the exposure is with U.S. locations try using the U.S. event set and standalone CAT XOL. |