search

OasisLMF / ODS_OpenExposureData

Open data standards curated by Oasis.
62 stars 8 forks source link

MRI new codes #213

Open IPE-Pierre opened 1 month ago

IPE-Pierre commented 1 month ago
## Description MRI is a property LOB in France Residential standing for MultiRisque Immeuble or All Risk "building" It's for flats, there are 3 covers : 1) Renter covering Contents essentially 2) CoPropropriétaire as CoOwners for Flats covering mainly Building cover (and some contents) but up to a certain amount 3) CoPropriété as Group of Coowners covering mainly Common Areas / Roof and main building structure. TO DATE WE MAPPED ALL EXPOSURE TO FOLLOWING CODE : ![image](https://github.com/user-attachments/assets/482b21c4-0ffd-4d60-8c13-4844bc4cb3b0) There is a unique Code while there massive heterogeneity of exposure also not covered by crossing Construction. 1) MONO vs MULTI : a contract covering a single block vs a contract covering several blocks sometimes more than 10. ## Reasons for change MULTI are indeed very high SI bringing very high loss ## Scope of change - [X ] Location File ## Impact of change NEW OCCUPANCY CODE FOR MULTI BLOCKS
MattDonovan82 commented 2 weeks ago

@IPE-Pierre to avoid duplication, are you sure your requirements cannot be covered by the current occupancy codes - such as 1057 for "renter" and 1055 for "apartments/condo" and as you mentioned 1058 that you are already using?

Although adding new codes is fine in theory, these are specific to France and we don't want to start adding too many country-specific occupancy codes because of duplication and possible ambiguity.

Thoughts @johcarter @aiste-kalinauskaite @benhayes21 ?

IPE-Pierre commented 2 weeks ago

All other residential codes are used... It's really for MRI whether they are blocks of buildings or single unit. Not sure it's a french specific...

MattDonovan82 commented 2 weeks ago

so how many new occ codes are you suggesting? @IPE-Pierre

IPE-Pierre commented 2 weeks ago

I think I could deal with adding one... The current would be maintained as single or small block the new one being for large or medium/large block

MattDonovan82 commented 2 weeks ago

ok. As long as no current codes can support this, it shouldn't be a problem adding one new code.

MattDonovan82 commented 1 week ago

any other comments here? @johcarter @benhayes21?