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