1. 1. The natural catastrophe risk sub-module shall consist of all of the following sub-modules:
((a))(a) the windstorm risk sub-module;
((b))(b) the earthquake risk sub-module;
((c))(c) the flood risk sub-module;
((d))(d) the hail risk sub-module;
((e))(e) the subsidence risk sub-module.
2. 2. The capital requirement for natural catastrophe risk shall be equal to the following:
\mathrm{SCR}_{\mathrm{natCAT}} = \sqrt{\sum_{\mathrm{i}} \mathrm{SCR}_{\mathrm{i}}^2}
where:
((a))(a) the sum includes all possible combinations of the sub-modules i setsub-modulesiset out in paragraph 1;
((b))(b) SCR_{i} denotesSCRidenotes the capital requirement for sub-module i.sub-modulei.