Demand Surge

This collection of documents provides information about demand surge and its implementation at Verisk™.

Verisk U.S. Demand Surge Function: this document provides an overview of Verisk's Demand Surge Function and is relevant to all US models, and can be used elsewhere where the Global Demand Surge Model is not available.

Global Demand Surge -Introduction to the Model Foundations: a description of the economic theory and data used to develop the new Verisk Global Demand Surge Model.

Global Demand Surge - European Applications: a description of how the demand surge model was calibrated for European applications, and is relevant to the following models. Refer to the tables linked to them to know about the demand surge change loss numbers for these models.

• Pan-European Region Earthquake
  • Total loss change
  • By country loss change
• Europe Extratropical Cyclone
  • Total loss change
  • By country loss change
• Europe Severe Thunderstorm
  • Total loss change
  • By country loss change
• Central Europe Inland Flood
  • Total loss change
  • By country loss change
• Great Britain Inland Flood
  • Total loss change
  • By country loss change

Please note that caution should be exercised before relating the industry changes shown here to a particular portfolio. The changes to individual books of business may deviate from the losses represented here to the extent that their spatial distribution and construction/occupancy mix deviate from industry averages.

Refer to Demand Surge for Touchstone and Touchstone Re for demand surge information related to the applications.