Verisk Multiple Peril Crop Insurance (MPCI) Model for Canada

The Verisk MPCI Model for Canada allows Touchstone Re users to analyze and assess potential losses for the Multiple Peril Crop Insurance business based on market shares calculated from the Industry Exposure Database.

Touchstone Re support only province-level exposure and loss analysis results.

Modeled perils that affect yield loss are drought (including grasshopper damage), flood/excessive wetness, heat, frost/freeze (including winterkill), and hail. The model provides loss estimates for eleven modeled crops explicitly: barley, blueberry, canola, corn, flaxseed, lentil, oat, pea, potato, soybean, and wheat (spring and winter). Other losses are included in the model and estimated statistically, including those from crops that are not explicitly modeled. In areas where the insurance program offers coverage, the model also accounts for price risk and spot losses due to unseeded and reseeded acreage and hail damage.

In Touchstone Re you can enter cedant data, configure programs, analyze and interpret potential MPCI losses, perform sensitivity analyses, and adjust model assumptions.

The document Verisk Multiple Peril Crop Insurance Model for Canada is available on the Client Portal.