Company loss file analysis
Use cases for producing a Touchstone Re company loss file analysis.
Before You Begin
In this use case, Safety Insurance has provided you with a company loss file (CLF). You must:
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Determine whether you have the capacity to reinsure the book of business.
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Design a reinsurance program to mitigate your potential losses.
Tip:
You can generate a CLF in Portfolio Mode from high-resolution (location-level) exposure data.
Procedure
In this scenario, you might take the following high-level steps:
- Create the Safety Insurance company.
- Import the CLF that the company provided.
- Create multiple reinsurance programs for comparison. On the Program Options tab, specify the CLF you imported.
- For each reinsurance program, run a loss analysis on the CLF.
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Review the results of the analyses to determine the program that best mitigates your
potential losses.
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The quality of the analysis depends on the quality of the exposure data used to generate the CLF.
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CLFs are peril-specific.
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