Document ID: chunk:federal_register_of_legislation:F2023L00634:body:0:p13
Version: federal_register_of_legislation:F2023L00634
Segment Type: other
Provision Reference: 
Character Range: 34853–36717

for each event.
             This item must only be reported if the insurer 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 the H4 reinstatement cost amount after the first, second and third events.
             The insurer is not required to determine a H4 reinstatement cost after the fourth event.
             The total H4 reinstatement cost is calculated as the sum across columns 1 to 3.
 Item 2.4.7  H4 loss per event is a derived item and is calculated for columns 1 to 4 as the sum of:

                  * item 2.4.2; and
                  * item 2.4.6.

             less:

                  * item 2.4.3;
                  * item 2.4.4; and
                  * item 2.4.5.

             The total H4 loss per event is calculated as the sum across columns 1 to 4.

 Item 2.5  Report the PL offset amount.

3.     Other accumulations vertical requirement (OA VR)
 Item 3    Other accumulations vertical requirement (OA VR) is a derived item and is calculated as the sum of:

                * item 3.1; and
                * item 3.4

            less:

                * item 3.2; and
                * item 3.3.

 Item 3.1  Report the OA PML amount.

 Item 3.2  Report the PL adjustment to OA PML amount.

 Item 3.3  Report the OA reinsurance recoverables amount.

 Item 3.4  Report the OA reinstatement cost amount.

4.     LMI concentration risk charge
 Item 4  Report the LMI concentration risk charge amount.