xmlns:atom="http://www.w3.org/2005/Atom"
1.The non-life catastrophe risk sub-module shall consist of all of the following sub-modules:
(a)the natural catastrophe risk sub-module;
(b)the sub-module for catastrophe risk of non-proportional property reinsurance;
(c)the man-made catastrophe risk sub-module;
(d)the sub-module for other non-life catastrophe risk.
2.The capital requirement for the non-life catastrophe underwriting risk module shall be equal to the following:
where:
SCRnatCAT denotes the capital requirement for natural catastrophe risk;
SCRnpproperty denotes the capital requirement for the catastrophe risk of non-proportional property reinsurance;
SCRmmCAT denotes the capital requirement for man-made catastrophe risk;
SCRCATother denotes the capital requirement for other non-life catastrophe risk.