Layer max losses are incorrect when Sublimit's
PerilSetCode is different than Layer's PerilSetCode
| Issue ID |
408 |
| Summary |
Layer max losses are incorrect when Sublimit's
PerilSetCode is different than Layer's PerilSetCode |
| Description |
Max losses are incorrectly leaking through the limits in
sublimit to layer retentions. The issue occurs when a Contract has a Layer
and Sublimit, and when the PerilSetCode at these two levels is different
(e.g. PEA on layer level and PES on sublimit level). |
| Resolved in |
Touchstone 12.2.0
Service Pack |
| Date posted |
6/14/2024 |
| Software versions affected |
12.0, 11.5 |
| Feature set |
Detailed loss |
| Models |
|
| Potential for loss numbers impact |
Yes |
| Workaround |
|