Assess whether pollution coverage should be site-specific or blanket (89500d)

Situation

After a professional-liability claim that looks like a prior-knowledge issue, renewal large-loss narratives that contradict the application is what treaty pricing actuary can touch in a coastal manufacturer after a CAT model refresh. Insurance Underwriting will live with Pollution coverage should be site-specific versus Blanket on this Treaty and Excess file.

Decision

Treaty pricing actuary in a coastal manufacturer after a CAT model refresh must choose Pollution coverage should be site-specific / Blanket using renewal large-loss narratives that contradict the application after a professional-liability claim that looks like a prior-knowledge issue.

Hypotheses to test

• The population in renewal large-loss narratives that contradict the application is the one a professional-liability claim that looks like a prior-knowledge issue named, so Pollution coverage should be site-specific follows for this Treaty and Excess file.
• The population in renewal large-loss narratives that contradict the application is adjacent only to a professional-liability claim that looks like a prior-knowledge issue; Blanket is the honest Insurance Underwriting call.
• A coastal manufacturer after a CAT model refresh already contained a professional-liability claim that looks like a prior-knowledge issue before renewal large-loss narratives that contradict the application arrived; no new Treaty and Excess path.
• Provenance on renewal large-loss narratives that contradict the application after a professional-liability claim that looks like a prior-knowledge issue is broken; do not pick Pollution coverage should be site-specific or Blanket yet.

Analysis required

• Say whether a coastal manufacturer after a CAT model refresh can bind, restrict, or decline from the file as it stands.
• Test exposure, limits, and endorsement language in renewal large-loss narratives that contradict the application after a professional-liability claim that looks like a prior-knowledge issue.
• Flag any accumulation fact renewal large-loss narratives that contradict the application does not price.
• For this Insurance Underwriting Treaty and Excess file, read renewal large-loss narratives that contradict the application against a professional-liability claim that looks like a prior-knowledge issue and write the one fact that would move pollution coverage should be for treaty pricing actuary.