Known Issue 131

When updating catbond investment amounts in the Portfolio screen, deleting a non-zero investment amount is not properly updating the associated Net Participation percentage for that catbond in the portfolio.

Issue ID 131
Summary When updating catbond investment amounts in the Portfolio screen, deleting a non-zero investment amount is not properly updating the associated Net Participation percentage for that catbond in the portfolio.
Description The net participation should automatically be updated by Touchstone Re to reflect the investment amounts entered for each catbond in the portfolio. Non-zero net participation portfolio losses for catbonds with zero investment amount can be produced if the net participation is not updated correctly.
Resolved in Touchstone Re 11.0
Date posted 2/3/2023
Software versions affected 10.0
Feature set Portfolio Management
Models
Potential for loss numbers impact Yes
Workaround Enter a zero for the investment amount of the catbond instead of deleting a non-zero value, or remove the catbond from the portfolio when the portfolio no longer has an investment in a specific catbond.