Used for a Loss analysis, this table stores information about the custom, user-defined loss modification template.
Loss modification templates allow the user to define one or more rules that direct the Loss analysis engine to apply a specified loss modification factor directly to Ground-Up losses. The characteristics of the rules are defined in dbo.tLossModTemplateRule.
The loss engine scales the entire Ground-up distribution, not just the mean loss, and applies all policy conditions to the modified losses. It does not cap the modified losses at the total insurable value (TIV). Any loss modification factor that is applied to losses from a peril applies also to losses generated by the respective sub-perils.


