1. 1. The SLT health underwriting risk module shall consist of all of the following sub-modules:
((a))(a) the health mortality risk sub-module;
((b))(b) the health longevity risk sub-module;
((c))(c) the health disability-morbidity risk sub-module;
((d))(d) the health expense risk sub-module;
((e))(e) the health revision risk sub-module;
((f))(f) the SLT health lapse risk sub-module.
2. 2. The capital requirement for SLT health underwriting risk shall be equal to the following:
$$\mathrm{SCR}_{\mathrm{SLTh}} = \sqrt{\sum_{\mathrm{i,j}}\sqrt{\sum_{i,j} \mathrm{CorrSLTh}_{(\mathrm{i,j})}\mathrm{CorrSLTH}_{(i,j)} \cdot \mathrm{SCR}_{\mathrm{i}}\mathrm{SCR}_{i} \cdot \mathrm{SCR}_{\mathrm{j}}}$$\mathrm{SCR}_{j}}$$
where:
((a))(a) the sum denotes all possible combinations (i,j) of the sub-modules set out in paragraph 1;
((b))(b) CorrSLTH_{(i,j)} denotesCorrSLTH(i,j)denotes the correlation parameter for SLT health underwriting risk for sub-modules i and j;sub-modulesiandj;
((c))(c) SCR_{i} and SCR_{j} denoteSCRiandSCRjdenote the capital requirements for risk sub-module i and j respectively.sub-moduleiandjrespectively.
3. 3. The correlation coefficient CorrSLTH (i,j)CorrSLTH_{(i,j)} referred to in paragraph 2 shall be equal to the item set out in row i and in column j of the following correlation matrix:
j i | Health mortality | Health longevity | Health disability-morbidity | Health expense | Health revision | SLT health lapse
Health mortality | 1 | – 0,25 | 0,25 | 0,25 | 0 | 0
Health longevity | – 0,25 | 1 | 0 | 0,25 | 0,25 | 0,25
Health disability-morbidity | 0,25 | 0 | 1 | 0,5 | 0 | 0
Health expense | 0,25 | 0,25 | 0,5 | 1 | 0,5 | 0,5
Health revision | 0 | 0,25 | 0 | 0,5 | 1 | 0
SLT health lapse | 0 | 0,25 | 0 | 0,5 | 0 | 1