Industry exposure company

An industry exposure company (company) with pre-loaded data is now available with every Touchstone Re release to speed up the common workflow of generating industry loss curves (ILCs) for insured or insurable risks. Now clients will no longer need to import Take-up Rates (TUR) files, create industry insurable exposure sets, or set up programs to generate their ILCs.

For each future release:

• The existing company will be retained.
• A new company will be included with the latest data and the name will reflect the release version and year.

The data

The company will have two exposure sets, each containing user-specified market shares for all modeled countries-peril combinations. All the exposure sets will have the latest data for that release year, as we publish on the client portal.

• Indexed Industry Insured Exposure (Take-up Rates)
  • Represents industry insured exposure for each country scaled to capture exposure growth since the last IED vintage
  • Latest TUR * Index Factors
• Indexed Industry Insurable Exposure
  • Represents industry insurable exposure for each country scaled to capture exposure growth since the last IED vintage
  • 100% MS * Index Factors

The company will have programs corresponding to different geographic regions and the two exposure sets defined above. The program settings will be:

• Program type: Ground Up
• Applies to Areas: see list below
• Perils: all except Multi-Peril Crop, Crop Hail, Terrorism, Pandemic
• Analysis Target: Exposure set
• Demand Surge: on
• Program Coverage Rates: all 100% (including Offshore)
  • Except China Agriculture: set to 0%

Applies to Areas regions (corresponding to the global modeled catastrophe losses doc published each year):

• Asia
• Europe
• Latin America
• North America
• Oceania>
• All Exposed Areas (world)