Demand Surge

Admin > Administration Console > Loss Defaults > Demand Surge

Note:

Touchstone Re does not currently support the ability to create new Demand Surge curves or modify Demand Surge factors.

Demand Surge is the increase in prices for labor and materials following a catastrophe, as contractors take advantage of the increase in demand for repairs and replacement construction.

For countries other than the U.S., Touchstone Re applies the Demand Surge factor to each event (on an occurrence basis) without considering losses from other events in the same year. The Pandemic peril ignores the Demand Surge factor.


Parameters and Buttons	Description
Common Buttons	Use these buttons (when applicable) and the parameters below to set demand surge defaults.
Regions	The selected region. For details on what areas are included in a particular region, click Regions.
Set as Default	Select this check box to use the current settings as the default.
Currency	The currency specified in Currency Rate Settings.
Unit	The currency units (trillions, billions, millions, thousands).
Factor	The factor by which the industry loss will be incremented.