Known Issue 385

When an RE treaty or a facultative contract is attached on layer and the Treaty peril code is a sub-set of the layer peril code, then the layer Gross loss for the peril which is not covered by the treaty is not included in final contract Gross and Net.

Issue ID	385
Summary	When an RE treaty or a facultative contract is attached on layer and the Treaty peril code is a sub-set of the layer peril code, then the layer Gross loss for the peril which is not covered by the treaty is not included in final contract Gross and Net.
Description	This issue occurs when an RE treaty or a facultative is attached on a layer and the peril set code is used to define coverage for a sub set of perils of a multi-peril layer with mutiple peril codes. The layer Gross loss by peril which is not covered by the treaty or facultative peril code is not included in the final layer and contract Gross and NET results.
Resolved in	Touchstone 2024
Date posted	2/29/2024
Software versions affected	11.5, 11.2, 10.0
Feature set	Detailed loss
Models	Varies
Potential for loss numbers impact	No
Workaround	As a workaround a single layer coded for multiple perils should be split into multiple layers each coded with a single peril to match [1:1] with the peril set codes of the treaty or facultative contract.