Results

The result type determines how and what results appear in the Loss Results pane.

Companies > [Company] > Results > [Result]

Portfolios > [Portfolio] > > Portfolio Loss Results > [Result]

By default the pane lists results starting with the newest runs to the oldest. Use the horizontal and vertical scroll bars when appropriate to view all results. Results that may apply include any of the topics listed below in related topics.

To change View Options click ; to change Layout Options click . When either of these panes are open, enable the Remember Layout toggle below the pane to save your layout selections; click to reset to the default selections.

Click to View Analysis Settings associated with these results including (but not limited to) items such as event set name, perils included, financial model options (e.g., demand surge), program/portfolio name and type, output options, and currency table used.

Selection

Program

Portfolio

Description

Display Currency

X

X

Specifies the currency of the results.

  • Currency: Currency of the results.

  • Exchange Rate: Currency rate table used to calculate the results.

  • Units: Order of magnitude for monetary figures; units of one, one thousand, one million, or one billion.

View By

X

Specifies whether losses appear for the reinsurance program:

  • As a whole; toggle the Program button on/off.

  • And/or for the layers and step-layers selected in the drop-down list; use the selection controls or toggle items individually.

Perspective

X

X

Specifies the terms that should apply to the results. Rows are added to the Summary EP table, as appropriate, for each Perspective you select.

  • Company: Loss to the insurer before the application of reinsurance program terms.

  • Contract: Loss to the reinsurer before retrocession.

  • Net Retained: Loss to the insurer after the application of reinsurance program terms.

  • Final Net: Loss to the reinsurer after the application of reinsurance program terms and the reinstatement premium.

  • Net of Premium: This perspective displays only for Summary EP Table/Chart or Annual EP Summary/Chart and only for all perils, all zones, and all areas. Net of Premium Loss is computed on an annual basis (not event based) by taking the aggregate contract loss minus any reinstatement premiums (Final Net loss) and minus the initial reinsurance premium.

Note:

The Company and Net Retained perspectives apply only if the View By selection Program is on.

Participation

X

X

Specifies the participation of the reinsurer in the losses.

Note:

Participation applies only if the Perspective selection Contract is on. Alternatively, losses appear for 100% Participation.

  • 100%: Loss to the insurer before the application of reinsurance program terms.

  • Gross: Loss to the reinsurer before retrocession.

  • Net: Loss to the reinsurer after retrocession.

  • Participation n: n percent of the loss to the insurer before the application of reinsurance program terms.

Agg/Occ

X

X

Specifies whether annual aggregate losses or annual occurrence losses appear; you may select both options.

EP Type

X

X

Specifies, as appropriate, how points are displayed on the exceedance probability (EP) curve.

Probability

Specifies whether the probability of attachment or the probability of exhaustion appears.

  • Attachment: The probability that there will be some loss to a contract.

  • Exhaustion: The probability that there will be a 100% loss to a contract.

Zone/Peril Perils

X

X

Specifies which peril and/or zone if you have configured your analysis to include these output options. Use the drop-down list to make adjustments. For both the Zones and Perils drop-down you may use the Selection controls.

Chart Area

Specifies how the charts appear.

  • Clear Zoom: Resets the axes to default values.

  • Switch Axes: Transposes the X and Y axes.

  • Legend: Determines whether a legend appears on the chart.

  • # Markers: Determines the number of points displayed on the curve.

Event Detail

Specifies the types of events from the event set to include.

  • Stochastic: Events generated by scientific extrapolation of historical data.

  • Historical: Historical events.

  • Scenarios: Events similar to the Realistic Disaster Scenarios (RDS) created by Lloyd's. These events test how syndicates and the insurance market accumulate loss in extreme catastrophe scenarios. See World Scenarios Events.