Known Issue 81
When using an Industry Minimum or Industry Maximum trigger for a program covering U.S. flood losses, take up rate assumptions are not reflected. Industry trigger will be based on insurable U.S. flood loss.
| Issue ID | 81 |
| Summary | When using an Industry Minimum or Industry Maximum trigger for a program covering U.S. flood losses, take up rate assumptions are not reflected. Industry trigger will be based on insurable U.S. flood loss. |
| Description | When using an Industry Minimum or Industry Maximum trigger for a program covering U.S. flood losses, take up rate assumptions are not reflected. Industry trigger will be based on insurable U.S. flood loss. |
| Resolved in | |
| Date posted | 7/10/2020 |
| Software versions affected | 13.0 12.0, 11.5, 11.0, 10.0, 9.0 |
| Feature set | Loss analysis |
| Models | |
| Potential for loss numbers impact | Yes |
| Workaround | Import U.S. flood take up rate UNICEDE/2 file and run analysis with Company Minimum or Maximum trigger instead of industry trigger. |
