Creating a New Catastrophe Peril Analysis in Portfolio Mode
In Portfolio Mode, you can select multiple exposure views or contracts as the target for a catastrophe peril analysis.
Procedure
- Create a project or open an existing project.
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Do one of the following:
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To perform an analysis on one or more exposure views, in the Project Data pane, highlight the exposure view or views you want to specify as the analysis target.
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Alternatively, create a new exposure view.
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To perform an analysis on one or more contracts, open the exposure view that includes the contract or contracts. If the Exposure Summary Dashboard appears, select Contract List, and then highlight the contracts you want to specify as the analysis target or targets
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Select Run Analysis, and then select Detailed
Loss.
Note:
If you are analyzing a single contract in an exposure view that has a filter applied, the contract analysis considers the entire contract and does not take the filter definition into consideration during the analysis.
The New Detailed Loss Analysis pane appears.
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Optionally, select a loss analysis or custom damage
set template in the Template field.
Administrators create loss analysis templates to specify defaults for analysis settings.
- To include additional exposure views or contracts to run simultaneously in separate analyses, select them in the Analysis Target list.
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In the Model list, select the model set that you want to use
when performing this catastrophe peril analysis.
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To use the AIR model(s), select AIR Default.
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To use a custom model, created through Model Builder, select User Model.
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Review the percent of
non-geocoded exposure message.
The percent of exposure data that has not been geocoded. The percent is based on location count. If the percent of non-geocoded data is high, you may want to fix the data before running the analysis. Touchstone does not generate results for non-geocoded locations.
- In the Analysis Settings pane, select Catastrophe Peril Analysis.
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In the Loss Diagnostics area, select and configure each of the
following diagnostics:
Option Description Configure analysis settings, such as selecting the event set.
Optionally, associate each analysis target with a reinsurance program and configure facultative reinsurance. Touchstone applies a reinsurance program only if data in the reinsurance program matches data in the exposure view. For more information, see Applying Reinsurance Programs.
Configure how to save the loss results.
Configure analysis-specific functions.
- Optionally, in the Analysis Prefix field, enter a prefix to distinguish between analysis results when you run an analysis with multiple targets. Touchstone generates separate analysis results for each analysis target.
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In the Analysis Name field, if the analysis target is a single
exposure view or contract, you can leave the default, which is the exposure view name or
the contract ID and the type of analysis, or you can enter a unique alphanumeric
identifier. If the analysis target includes multiple exposure views or contracts, you
cannot change the default name, which is Auto name ('n' items).
Note:
When the analysis target is a single exposure view or contract, entering some combination of the exposure view name or the contract ID along with the analysis type enables you to find result sets quickly in the Activity Monitor.
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Click Run.
If you selected a user model with one or more damage function sets, the analysis uses all the custom damage functions in the same analysis. Touchstone also runs an AIR version of the Detailed Loss Analysis.
Results
The application adds the analysis to the Activity Monitor queue for processing when the required system resources are available and as soon as any specified scheduling and priority conditions are satisfied. Refer to Resubmitting an Activity for information about resubmitting the job from the Activity Monitor.