Layers

Type

Identifies each layer and sublimit. Users can create item by selecting "Layer" or "Sublimit" in the Add row.

Layer ID

User-defined layer identifier

•       Required if you are creating a new record or editing an existing record

•       Number layers sequentially, starting with 1 for the first layer of the contract.

•       Cannot create a layer if associated locations (i.e., any locations in the associated exposure view) have a reinsurance type of Surplus Share

•       Cannot begin with a space or contain commas or semicolons

•       Can contain up to 100 characters

Currency

Currency for the contract to which this layer belongs

Read-only

Premium

Sum of the written premiums for the risks in this layer

•       Optional

•       Must be a numeric value between 1 and 999999999999999, inclusive

Perils

Perils that this layer covers

See the list of valid peril codes.

•       Defaults to a value

•       At least one peril is required if you are creating a new record or editing an existing record.

•       Must be a subset of the contract peril set

All perils (PAL)

Applies to Locations

Sublimit area to which the sublimit will be applied. Values include "Create New", "All", and any existing sublimit areas.

Defaults to "Create New".

Limit Type

One of the following limit types:

•       B - Blanket Limit

•       CSL100 - Combined Single Limit 100% participation

•       CSLAI - Combined Single Limit Assured Interest

•       E - Excess Limit

•       N - No limit

For detailed information about the effects that each layer limit type has on the related layer fields, see TouchstoneLimit Fields for Layers.

For a list of the valid limit type combinations for layers, sublimits, and locations, see Limit Type Combinations.

Defaults to a value in the Touchstone user interface

B - Blanket Limit

Total Limit (Limit 1)

Occurrence limit amount

For Workers' Compensation policies, terms are entered in the layer record, not on locations. For statutory coverage with no deductible or retention, no layer is required (loss is unlimited). If a deductible applies, include a layer record, and make sure that the total limit is a large value. For Excess Limit policies, enter the appropriate limit. If statutory coverage applies above one excess layer, include another layer record.

For detailed information about the effects that each layer limit type has on the total limit and on related layer fields, see Touchstone Limit Fields for Layers.

•       Required for all layer limit types except for "No Limit"

•       Must be blank (0) if the limit type is N - No limit

•       For limit types B, CSL100, and CSLAI, must be a numeric value between 0 and 999,999,999,999,999.99 inclusive

•       For limit type E, must be a numeric value between 1 and 999999999999999, inclusive

Participation Limit % (0-1)

Occurrence participation limit, displayed as a percentage of the total limit.

The value in this field is updated when you modify the Participation Limit (Limit 2) column, and vice-versa.

This field is not updated for any sublimits.

•       Required if the limit type is E - Excess Limit

•       Defaults to a value in the Touchstone user interface if the limit type is E - Excess Limit

•       For limit type E, a percentage value expressed as a value greater than or equal to 0. For limit types CSL 100 and CSLAI, expressed as a value greater than or equal to 1.

•       Not available if the limit type is one of the following:

•       B - Blanket Amount

•       N - No limit

•       Cannot be greater than the total limit if the limit type is not N - No limit

Participation Limit (Limit 2)

Occurrence participation limit

For Excess Limit policies, this field represents the gross limit for the insurer's participation in this layer before ceded reinsurance, if any. For example, if the insurer signs 4% of 100 million excess of 5 million, then the gross limit is 4 million.

For detailed information about the effects that each of the layer limit types has on the participation limit and other related layer fields, see Touchstone Limit Fields for Layers.

•       Required if the limit type is E - Excess Limit

•       Defaults to a value in the Touchstone user interface if the limit type is E - Excess Limit

•       Must be blank (1) if the limit type is one of the following:

•       B - Blanket Amount

•       N - No limit

•       Cannot be greater than the total limit if the limit type is not N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive

Attachment Point

Attachment point, which is the amount of original risk above which the limit will be attached.

You can enter deductibles separately or include deductibles as part of the attachment point with a $0 deductible used.

For detailed information about the effects that each of the layer limit types has on the attachment point and other related layer fields, see Touchstone Limit Fields for Layers.

•       Required if the limit type is one of the following:

•       B - Blanket Amount

•       E - Excess Limit

•       Defaults to a value in the Touchstone user interface if the limit type is one of the following:

•       CSL100 - Combined Single Limit 100% participation

•       CSLAI - Combined Single Limit Assured Interest

•       Must be blank (0) if the limit type is N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive

0

Deductible Type

One of the following deductible types:

•       AP - Attachment Point

•       B - Blanket Deductible

•       FR - Franchise Deductible

•       MA - Maximum Deductible Amount

•       MI - Minimum Deductible Amount

•       MM - Minimum and Maximum

•       N - No Deductible

•       PL - Percent of Loss

For AP - Attachment Point, FR - Franchise Deductible, B - Blanket Deductible, and PL - Percent of Loss deductible types, the location level deductibles, if any, are applied first.

For MM - Minimum and Maximum, MI - Minimum Deductible Amount, and MA - Maximum Deductible Amount deductible types, the location deductible (for the risks affected by a given event) is compared to the layer deductible using the full ground-up distribution to determine the deductible amount.

For detailed information about the effects that each of the layer deductible types has on the related layer fields, see Touchstone Deductible Fields for Layers.

For a listing of the valid deductible combinations for layers, sublimits, and locations, see Deductible Type Combinations.

•       Defaults to a value in the Touchstone user interface

•       Must be N - No Deductible if the limit type is one of the following:

•       CSL100 - Combined Single Limit 100% participation

•       CSLAI - Combined Single Limit Assured Interest

•       The minimum policy deductible should be at least as large as the smallest location deductible.

N - No Deductible

Deductible 1

Amount for deductible 1

Depending on the deductible type, this field contains the actual value of:

•       Attachment point

•       Minimum deductible (for Deductible Types MM - Minimum and Maximum or MI - Minimum Deductible Amount). Property exposures only.

•       Blanket deductible (for Deductible Type B - Blanket Deductible or FR - Franchise Deductible).

This field contains a percentage for the PL - Percent of Loss deductible type.

For detailed information about the effects that each of the layer deductible types has on the deductible 1 and other related layer fields, see Touchstone Deductible Fields for Layers.

•       Requires a value of 0 or greater than 1 if the deductible type is one of the following:

•       AP - Attachment Point

•       FR - Franchise Deductible

•       MM - Minimum and Maximum

•       MI - Minimum Deductible Amount

•       B - Blanket Deductible

•       Must be blank (0) if the deductible type is one of the following:

•       MA - Maximum Deductible

•       N - No Deductible

•       Requires a value of 0 or less than 1 if the deductible type is PL - Percent of Loss

•       Must be less than deductible 2 if the deductible type is PL - Percent of Loss

•       Must be a numeric value between 0 and 999999999999999, inclusive

Deductible 2

Amount for deductible 2

The field represents the actual value of the maximum deductible amount for deductible type MM - Minimum and Maximum. Property exposures only.

For detailed information about the effects that each of the layer deductible types has on the deductible 2 and other related layer fields, see Touchstone Deductible Fields for Layers.

•       Required if the deductible type is one of the following:

•       MM - Minimum and Maximum

•       MA - Maximum Deductible Amount

•       Must be blank (0) if the deductible type is one of the following:

•       AP - Attachment Point

•       B - Blanket

•       FR - Franchise Deductible

•       MI - Minimum Deductible

•       PL - Percent of Loss

•       N - No Deductible

•       Must be greater than deductible 1 if the deductible type is MM - Minimum and Maximum

•       Must be a numeric value between 0 and 999999999999999, inclusive

Reinsurance Count

Number of reinsurance treaties for this layer

Read only. Clicking the hyperlinked value opens the Reinsurance tab in the Layer Details record where you can view and manage the reinsurance terms for the layer. (Clicking the Layer ID also opens the Layer Details record.)

Sublimit ID

ID for the sublimit.

Read only

Limit 3 (Limit C)

Coverage C limit for by-coverage (C, C100, and CAI) sublimits.

For all other sublimit types, this field is not applicable.

•        Required if the limit type is one of the following:

•       C - Limit by Coverage

•       C100 - Limit by Coverage 100% Participation

•       CAI - Limit by Coverage with Assured Interest

•       Must be blank (0) if the limit type is one of the following:

•       B - Blanket Limit

•       E - Excess Limit

•       CB - Combined, Including Time Separately

•       N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive

Limit 4 (Limit D)

Coverage D limit for by-coverage (C, C100, and CAI) and combined coverage (CB) sublimits.

For all other sublimit types, this field is not applicable.

•       Required if the limit type is one of the following:

•       C - Limit by Coverage

•       CB - Combined, Including Time Separately

•       C100 - Limit by Coverage 100% Participation

•       CAI - Limit by Coverage with Assured Interest

•       Must be blank (0) if the limit type is one of the following:

•       B - Blanket Limit

•       E - Excess Limit

•       N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive.

Attachment 2 (Attachment B)

Coverage B attachment point for by-coverage (C, C100, and CAI) sublimits.

For all other sublimit types, this field is not applicable.

•       Required if the limit type is one of the following:

•       E - Excess Limit

•       C - Limit by Coverage

•       C100 - Limit by Coverage 100% Participation

•       CAI - Limit by Coverage with Assured Interest

•       Must be blank (0) if the limit type is one of the following:

•       B - Blanket Limit

•       CB - Combined, Including Time Separately

•       N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive.

Attachment 3 (Attachment C)

Coverage C attachment point for by-coverage (C, C100, and CAI) sublimits.

For all other sublimit types, this field is not applicable.

•       Required if the limit type is one of the following:

•       C - Limit by Coverage

•       C100 - Limit by Coverage 100% Participation

•       CAI - Limit by Coverage with Assured Interest

•       Must be blank (0) if the limit type is one of the following:

•       B - Blanket Limit

•       E - Excess Limit

•       CB - Combined, Including Time Separately

•       N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive.

Attachment 4 (Attachment D)

Coverage D attachment point for by-coverage (C, C100, and CAI) and combined coverage (CB) sublimits.

For all other sublimit types, this field is not applicable.

•       Required if the limit type is one of the following:

•       C - Limit by Coverage

•       CB - Combined, Including Time Separately

•       C100 - Limit by Coverage 100% Participation

•       CAI - Limit by Coverage with Assured Interest

•       Must be blank (0) if the limit type is one of the following:

•       B - Blanket Limit

•       E - Excess Limit

•       N - No limit

•       Must be a numeric value between 0 and 999999999999999, inclusive.