Known Issue 394
When multiple contracts with CSL type limits (CSLAI, CSL100) are present in an exposure, losses from these contracts might be overstated.
Issue ID | 394 |
Summary | When multiple contracts with CSL type limits (CSLAI, CSL100) are present in an exposure, losses from these contracts might be overstated. |
Description | If a contract has a CSL type limit and the exhaustion sequence for this limit is defined for multiple coverages, but not all of these coverages produce loss, the engine will consider losses from a previous CSL type limit for this coverage. |
Resolved in | Touchstone 2024 (12.0) |
Date posted | 4/15/2024 |
Software versions affected | 11.5, 11.2, 11.0 |
Feature set | Detailed loss |
Models | Verisk U.S. Hurricane Model for Offshore Assets |
Potential for loss numbers impact | Yes |
Workaround | When running each contract with CSL type limit separately losses will be correct. |