Known Issue 150

The Global Industry Exposure Indexes Using the Verisk Global Capital Stock Index June 2024 publication has been updated to include an index factor for Canada. The industry exposure database update in v12.0 included an updated Canada industry exposure that brought it current to year end 2022 and Canada ILFs were updated to reflect this level of industry exposure. An index factor that can be used to develop industry loss estimates reflecting industry exposures current to year end 2023 has been added since the initial publication of that document.

Issue ID 150
Summary The Global Industry Exposure Indexes Using the Verisk Global Capital Stock Index June 2024 publication has been updated to include an index factor for Canada. The industry exposure database update in v12.0 included an updated Canada industry exposure that brought it current to year end 2022 and Canada ILFs were updated to reflect this level of industry exposure. An index factor that can be used to develop industry loss estimates reflecting industry exposures current to year end 2023 has been added since the initial publication of that document.
Description In addition to the documentation update, Indexed take-up rate files have been reposted to the client portal reflecting this change. The pre-installed company, "Verisk 2023 Industry Exposure (Touchstone Re 12.0/2024)" does not currently reflect this update.
Resolved in Touchstone Re hot fix 12.2.1
Date posted 8/20/24
Software versions affected 12.0
Feature set Loss analysis
Models
Potential for loss numbers impact Yes
Workaround Updated indexed insured take-up rate files have been posted to the client portal on the "2024 UNICEDE/2 Take-up Rate Import" page.
Verisk bug