Recalculates metrics and statistics in an existing analysis or analysis group based on treaty term adjustments. This operation supports both the editing of existing terms and the attachment of new treaties.
PATE (post-analysis treaty editing) facilitates the evaluation of how different terms can affect your bottom line. PATE enables you to avoid re-running expensive or time-consuming modeling jobs. Instead of remodeling the same exposure from scratch with diverse sets of treaty terms, PATE leverages the metrics and statistics in a reference analysis and computes new metrics based adjustments to the original treaty terms.
PATE is a type of post-analysis action.
Reference Analysis
The analysisId path parameter specifies the reference analysis that is the foundation of the PATE analysis.
PATE is supported for ALM EP analyses, DLM EP analyses, and HD EP analyses. PATE is not supported if the reference analysis is a non-EP analyses.
The reference analysis may be a single analysis or an analysis group, a collection of analyses.
- If the reference analysis is an individual analysis, this operation recalculates analysis metrics and statistics based on PATE adjustments.
- If the reference analysis is an analysis group, this operation returns summary metrics and statistics based on PATE adjustments. If the
groupOnlyquery parameter isfalse, this operation returns recalculated metrics and statistics for each of the underlying analyses as well.
PATE treaties
PATE supports the editing or removal of existing treaty terms (those of a treaty attached to the reference analysis) and the addition of new treaty terms added during PATE.
- Adjustments to the terms in a base treaty --a treaty attached to the reference analysis-- are specified in the
updateanddeletearrays. - New treaties added in PATE may be specified in the
insertarray.
Both catastrophe treaties and per-risk treaties may be added in PATE. Catastrophe (CATA), corporate catastrophe (CORP), and surplus share (SURP) PATE treaties are always attached at the portfolio level. Non-catastrophe (NCAT), quota share (QUOT), stop loss (STOP), and working excess (WORK) PATE treaties may be attached at the account level, location level, or policy level.
A PATE treaty can only be attached if its treaty type is compatible with the modeling engine used to compute the reference analysis:
| Treaty Type | ALM | DLM | HD |
|---|---|---|---|
CATA | Yes | Yes | Yes |
CORP | Yes | Yes | Yes |
NCAT | Yes | No | Yes |
QUOT | No | Yes | Yes |
STOP | Yes | Yes | Yes |
SURP | No | Yes | Yes |
WORK | No | Yes | Yes |
Different treaty terms are editable depending on the treaty type, the model used compute the reference analysis (ALM, DLM, or HD), and whether the treaty was attached to the reference analysis or defined during PATE. For a complete list of editable treaty properties by treaty type and model, see Risk Modeler User Guide in the Moody's RMS Support Center
Permissions
To perform this operation, a principal must belong to a group that has been assigned the appropriate role-based permissions. The table identifies the roles with permission to perform this operation.
Underwriter Technical Underwriter Risk Analyst Portfolio Manager Cat Modeler YES YES YES YES YES To learn more about role-based permissions, see Access Controls.