Known Issue 375
Incorrect gross losses are produced when exposures with multi-peril terms and sub-limits have disaggregation applied.
Issue ID | 375 |
Summary | Incorrect gross losses are produced when exposures with multi-peril terms and sub-limits have disaggregation applied. |
Description | Incorrect gross losses are produced when exposures with multi-peril terms and sub-limits have disaggregation applied. The issue causes substantially higher than expected gross losses since the peril-specific sub-limit terms do not apply on said perils’ losses in these cases. The issue is restricted to those situations where sub-limits are present. These issues are not present when running the analysis one peril at a time nor do we see this with row-wise exposure coding. Disaggregation can be triggered even without user-choice in some regions, please refer the Exposure Disaggregation document on the Client Portal for more details. |
Resolved in | Touchstone 2024 |
Date posted | 8/30/2023 |
Software versions affected | 11.2, 11.0 |
Feature set | Detailed Loss |
Models | |
Potential for loss numbers impact | Yes |
Workaround |