Touchstone

Question 1

Detailed modelling platform

Answer 1

Touchstone

Question 2

Reinsurance modelling and portfolio management platform

Answer 2

Touchstone re

Question 3

Touchstone can do insurance portfolio management and

Answer 3

Pricing individual contracts

Question 4

Touchstone re can perform

Answer 4

Treaty portfolio management
Pricing individual treaty reins
Group portfolio management

Question 5

Inputs to Touchstone

Answer 5

Company detailed exposures
Industry detailed exposures

Question 6

Outputs from Touchstone

Answer 6

Company specific Loss Files CLF
Industry Loss File ILF
UNICEDE/2

Question 7

Feature in Touchstone to import data

Answer 7

Import express

Question 8

Data formats to import data in Touchstone

Answer 8

CSV
Cede exposure database
EDM

Question 9

Collection of contracts and associated locations

Answer 9

Exposure set

Question 10

Created during import process

Answer 10

Exposure set

Question 11

A way of diving exposure data within an exposure database

Answer 11

Exposure set

Question 12

Workspace for the user - run analysis, view results, interact with exposures, create reinsurance structures

Answer 12

Project

Question 13

Required to perform an analysis on your exposure

Answer 13

Exposure view

Question 14

Used to create supersets or subsets of exposure data by referencing single or multiple exposure sets from across single or multiple exposure databases

Answer 14

Exposure view

Question 15

Segregate exposure data, projects and results

Answer 15

Business units

Question 16

Catalog peril types

Answer 16

EQ- 5
TC- storm surge, wind, precipitation flood
SS- ST, WS
Other perils - inland floor, wild/ bush fire

Question 17

TC - superset of standard catalog

Answer 17

Warm sea surface temperature conditioned catalog (WSST)

Question 18

Account for increase in cost of supplies post event due to increase in demand

Answer 18

Set demand surge to with/ without in analysis settings

Question 19

Import list of years or events directly into the software

Answer 19

Event set filter

Question 20

Financial settings in analysis settings

Answer 20

Correlation
Disaggregation
Average properties
Invalid con/Occ pairs
Apply location terms for residential contracts

Question 21

Choose which order to apply the terms Residential = apply limits first, then apply deductible Commercial = apply deductible first then limits

Answer 21

Apply location terms for residential contracts

Question 22

Correlated risk: mean event loss is unchanged but increasing correlation means

Answer 22

Increase in uncertainty

Question 23

Intrapolicy correlation

Answer 23

Correlation among locations within a policy

Question 24

Interpolicy correlation

Answer 24

Correlation among polices in a portfolio

Question 25

Process of distributing Lower geographic resolution (aggregate) location data to a higher resolution using industry weights by line of business

Answer 25

Disaggregation

Question 26

Location weights by LOB for finer geographical resolution are taken from

Answer 26

AIR IED industry exposure database

Question 27

Allows for abridged sensitivity testing and comparison of new analysis to existing ones

Answer 27

Baseline analysis

Question 28

Export tool

Answer 28

Export express