Program options

Steps to establish program options for a new program, or modify an existing program.

Companies > [Company] > [Program] > Programs > Program Details: Program Options

Procedure

  1. In the Program pane, select Program Options and then make any required program adjustments.

    Field

    Default Value

    Description

    Company Loss Set

    None

    The loss file name and location. Select from the list or click to open the Company Loss Set Manager then. You can then select from a list of existing CLFs or CLAs. Click to import the selected file.

    Exposure Set

    None

    Select the exposure set for the target from the list.

    Use / Year

    Sums Insured / Latest

    The preferred exposure to use (e.g. 'Specific Market Shares') and the exposure year to use. "Latest" refers to the most recent year with available exposure of the type selected; only years with exposures will be available in the list.

    Loss modification factor

    1.00

    When necessary, enter a factor that applies to the ground-up losses for a single program.

    Coverage rate

    All enabled and licensed LOBs

    Select or clear the check boxes to include or exclude LOBs from the program. The LOB settings are established in the Touchstone Re Defaults section of the Administration Console. Click next to % Offshore and %China MPCI to open the associated dialog box containing more detail.

    Demand surge

    Disabled

    Select the check box to apply Demand Surge during an analysis. You cannot override this setting in the Analysis Settings pane.

    Include Loss Market Shares (Alert Event Sets Only)

    Disabled

    x

    Assessment Program

    Disabled

    Source loss from another program.

    Contract Gain

    Disabled

    Select the check box to hedge your portfolio losses.

    Include Custom LOBs

    Disabled

    Select the check box to include custom LOBs during the analysis.

    Description

    Blank

    Describes the current program.

  2. Use the Layers, Relationships, and EP Adjustments tabs to establish additional settings.
  3. Click to save your changes.