Article 145
NSLT health underwriting risk sub-module
1.
The NSLT health underwriting risk sub-module shall consist of the following sub- modules:
(a)
the NSLT health premium and reserve risk sub-module;
(b)
the NSLT health lapse risk sub-module.
2.
The capital requirement for NSLT health underwriting risk shall be equal to the following:
where:
(a)
SCR(NSLTh,pr) denotes the capital requirement for NSLT health premium and reserve risk;
(b)
SCR(NSLTh,lapse) denotes the capital requirement for NSLT health lapse risk.