Known Issue 380

For any onshore portfolio, if a user runs the detailed loss analysis with combined singles limit type and the exposure has other terms like 'Attachment point' then the limit type is not getting applied resulting in an incorrect gross loss.

Issue ID 380
Summary For any onshore portfolio, if a user runs the detailed loss analysis with combined singles limit type and the exposure has other terms like 'Attachment point' then the limit type is not getting applied resulting in an incorrect gross loss.
Description For onshore portfolio, if a user runs the detailed loss analysis with combined singles limit type (like Combined Single Limit and Assured Interest (CSLAI) or Combined Single Limit with 100% participation (CSL100) or 'C100') and the exposure has other terms like 'Attachment point' then the Weighted Average Assured Interest (WAAI) is not getting calculated and attachment point is not getting applied if present in the contract resulting in an incorrect gross loss.The issue is observed only for onshore portfolio where limit types are CSLAI, CSL100 or C100.
Resolved in Touchstone 2023 (11.5)
Date posted 1/17/2024
Software versions affected 11.2, 11.0
Feature set Detailed loss
Models Varies
Potential for loss numbers impact Yes
Workaround