1.The non-life catastrophe risk sub-module shall consist of all of the following sub-modules:
the natural catastrophe risk sub-module;
the sub-module for catastrophe risk of non-proportional property reinsurance;
the man-made catastrophe risk sub-module;
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:
\mathrm{SCR}_{nl\mathrm{CAT}} = \sqrt{(\mathrm{SCR}_{nat\mathrm{CAT}} + \mathrm{SCR}_{nproperty})^2 + \mathrm{SCR}_{mm\mathrm{CAT}}^2 + \mathrm{SCR}_{\mathrm{CAT}other}^2}
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.