Document ID: chunk:federal_register_of_legislation:F2023L00640:body:0:p14
Version: federal_register_of_legislation:F2023L00640
Segment Type: other
Provision Reference: 
Character Range: 37603–40458

columns are to be report for item 2.3.3 to item 2.3.7:

 Column 1  Report the amount for the first event.

 Column 2  Report the amount for the second event.

 Column 3  Report the amount for the third event.

 Item 2.3.3  Report the H3 reinsurance recoverables amount for each event.
             This item must only be reported if the Level 2 insurance group has selected 'gross' in item 2.3.1.
             The total H3 reinsurance recoverables is calculated as the sum across columns 1 to 3.
 Item 2.3.4  Report the H3 aggregate offset amount for each event.
             The total H3 aggregate offset is calculated as the sum across columns 1 to 3.
 Item 2.3.5  Report the H3 reinstatement premiums amount for each event.
             The total H3 reinstatement premiums is calculated as the sum across columns 1 to 3.
 Item 2.3.6  Report the H3 reinstatement cost amount after the first and second events.
             The Level 2 insurance group is not required to determine a H3 reinstatement cost after the third event.
             The total H3 reinstatement cost is calculated as the sum across columns 1 and 2.
 Item 2.3.7  H3 loss per event is a derived item and is calculated for each event as the sum of:

                  * item 2.3.2; and
                  * item 2.3.6.

             less:

                  * item 2.3.3;
                  * item 2.3.4; and
                  * item 2.3.5.

             The total H3 loss per event is calculated as the sum across columns 1 to 3.

H4 requirement

The following items relate to the H4 requirement.

 Item 2.4    H4 requirement is a derived item and is calculated as the total over the four events (across columns 1 to 4) for:
                * item 2.4.7
 Item 2.4.1  Report the basis for determination of H4 requirement. The valid values are:

                  * gross; or
                  * net

 Item 2.4.2  Report the single event loss from H4 event amount.

The following columns are to be report for item 2.4.3 to item 2.4.7:

 Column 1  Report the amount for the first event.

 Column 2  Report the amount for the second event.

 Column 3  Report the amount for the third event.

 Column 4  Report the amount for the fourth event.

 Item 2.4.3  Report the H4 reinsurance recoverables amount for each event.
             This item must only be reported if the Level 2 insurance group has selected 'Gross' in Item 2.4.1.
             The total H4 reinsurance recoverables is calculated as the sum across columns 1 to 4.
 Item 2.4.4  Report the H4 aggregate offset amount for each event.
             The total H4 aggregate offset is calculated as the sum across columns 1 to 4.
 Item 2.4.5  Report the H4 reinstatement premiums amount for each event.
             The total H4 reinstatement premiums is calculated as the sum across columns 1 to 4.
 Item 2.4.6  Report