Known Issue 376
Reinsurance treaties with location target types are not getting applied to the locations in non-layered contracts.
Issue ID | 376 |
Summary | Reinsurance treaties with location target types are not getting applied to the locations in non-layered contracts. |
Description | In mixed exposure where there are both non-layered and layered contracts and a treaty is meant to be applied to contracts with target types 'attach to location' and 'attach to location and layer’, the treaty is not attaching for the locations that are not covered by a layer, and thus is not applied to these non-layered locations. |
Resolved in | Future Verisk Synergy Studio release |
Date posted | 9/18/2023 |
Software versions affected | 13.0, 12.0, 11.5, 11.2, 11.0 |
Feature set | Detailed Loss |
Models | |
Potential for loss numbers impact | Yes |
Workaround |