Instructions for Terrorism Risk Insurance Program (TRIP) 2018 Data Call
Insurer (Non-Small) Groups or Companies
This reporting form is for insurers that are not classified as Small Insurers, Captive Insurers, or Alien Surplus Lines Insurers.
Insurance groups or entities are exempt from reporting if they had less than $10 million in TRIP-eligible DEP in 2017.
If the insurance group or entity had both a policyholder surplus and TRIP-eligible direct earned premium (DEP) of less than $700 million (each) in 2016, the insurer should complete the Small Insurers template.
If either a Captive Insurer or an Alien Surplus Lines Insurer is affiliated with a group, the experience of that insurer should be reported with that group on either this template or the Small Insurers template, based upon the size category.
If the Captive Insurer or Alien Surplus Lines Insurer is not affiliated with a group, it should complete the Alien Surplus Lines Insurers or Captive Insurers template as appropriate.
All information should be reported on a consolidated insurer group basis, unless reporting for a single insurer.
When providing premium on a jurisdictional basis, premium should be allocated in the same fashion that it is for state reporting and premium tax purposes. Accordingly, coverage written on a non-admitted, surplus lines basis may be allocated in full to the home state of the policyholder, as defined by the Nonadmitted and Reinsurance Reform Act.
Note: This allocation method should not be applied on the Geographic Exposures worksheet, which seeks information based upon the location of the exposure, regardless of the manner in which the premium may have been allocated.
When providing premium on a jurisdictional basis, for premium which is otherwise not allocable to a particular jurisdiction (e.g.: certain Ocean Marine, Inland Marine, and Aviation coverages; or coverages based upon foreign operations with a U.S. nexus), report this premium under “Other/Not Subject to Allocation in a Particular Jurisdiction”.
DEP should be included in this calculation to the extent that commercial property and casualty coverage is issued for losses occurring at the following locations: (1) Within the United States; (2) With respect to an air carrier (as defined in section 40102 of title 49, United States Code), or a United States flag vessel (or a vessel based principally in the United States, on which United States income tax is paid and whose insurance coverage is subject to regulation in the United States); and (3) At the premises of any U.S. mission.
TRIP-eligible lines to be included in DEP calculations generally correspond to NAIC lines (as reported on the NAIC Exhibit of Premiums and Losses, commonly known as Statutory Page 14). The information reported on this worksheet should only include TRIP-eligible DEP. Any amounts reported on Statutory Page 14 that are not within the scope of TRIP-eligible lines as defined by the Program regulations should not be reported here [see 31 CFR 50.4(w)]. Specifically:
The property line Allied Lines (NAIC Line 2.1) should not include federal crop insurance or any other type of crop insurance privately issued or reinsured.
Workers’ Compensation (NAIC Line 16) data will be reported on the insurer’s behalf by NCCI and/or the California WCIRB. However, you must still report excess workers’ compensation premium (identified as sub-type of insurance 16.003 on the NAIC’s Uniform Property & Casualty Product Coding Matrix and otherwise reported under 17.3 as indicated).
The liability line of Other Liability (NAIC Line 17) should not include Professional Errors and Omissions Liability Insurance [see 31 CFR 50.4(t)] or Excess Workers’ Compensation Premium (which is entered separately as noted above).
For purposes of this data collection, reporting insurers do not need to make the premium adjustments in connection with residual market mechanisms provided for under 31 CFR 50.33.
Policy count should be calculated based on the number of policies incepting in 2017 (or in effect for the entire year). For reporting other elements apart from DEP, where the reporting of information (e.g., exposures) under policies in effect during 2017 would result in double counting for the year as a whole, utilize a reporting date of December 31, 2017.
Information subject to reporting under the Standalone Terrorism (Nationwide) Worksheet and Cyber (Nationwide) Worksheet should be considered a subset of an insurer’s TRIP-eligible policies, and should also be reported on additional worksheets, as appropriate.
All exposure information should be reported gross of any private reinsurance, except where otherwise indicated.
Questions on the Reinsurance (Nationwide) Worksheet are limited to reinsurance purchased from unaffiliated third-party companies, and do not include reinsurance transactions within a group of affiliated insurers.
Blacked out cells indicate that no data will be reportable for that particular cell.
Hypothetical policy situations demonstrating proper data completion are available on the TRIP website (https://www.treasury.gov/resource-center/fin-mkts/Pages/TRIP_data.aspx).
Deleted Package/Multi-Line Worksheet in its entirety.
Added Cyber Worksheet.
Affiliations Worksheet:
Deleted request for net admitted assets for prior year.
Deleted request for TRIP-eligible direct earned premium (DEP) for current year.
TRIP-eligible premium for prior year (2016) will be auto-populated with figures reported during the 2017 data call.
Policies and Direct Earned Premium by Jurisdiction Worksheet:
Deleted “United States” sub-worksheet.
Added “Other/Not Subject to Allocation in a Particular Jurisdiction” sub-worksheet.
Deleted request for total terrorism risk premium over time and years covered.
Deleted request for TRIP-eligible DEP for prior year.
Exposure Bases by Jurisdiction Worksheet:
Added “Other/Not Subject to Allocation in a Particular Jurisdiction” sub-worksheet.
Added columns for policyholder deductibles and self-insured retentions to property and liability questions, for both TRIP-covered and non-TRIP covered policies.
Reinsurance (Nationwide) Worksheet:
Replaced modeled loss scenario.
Change in Small Insurer reporting threshold based on Program Rules.
Affiliations Worksheet:
Deleted instructions relating to questions concerning net admitted assets for prior year.
Updated instructions concerning prior year’s TRIP-eligible DEP to confirm the figure will be auto-populated based on 2017 data call.
Policies and Direct Earned Premium by Jurisdiction Worksheet:
Updated instructions to confirm that a separate worksheet should be included to provide total figures for premium which is otherwise not allocable to a particular jurisdiction.
Updated instructions to clarify how data elements should be reported where counting all policies/information in effect at any time during 2017 would result in double counting of exposure over the course of the year.
Deleted instructions relating to total terrorism premium over time.
Deleted instructions relating to prior year’s TRIP-eligible DEP.
Deleted all instructions for Package/Multi-Line Worksheet.
Added instructions for Cyber Worksheet.
Exposure Bases by Jurisdiction Worksheet:
Updated instructions to confirm that a separate worksheet should be included to provide total figures for exposures which are otherwise not allocable to a particular jurisdiction.
Updated instructions to confirm that a separate worksheet should be included to provide total figures for the United States a whole (in addition to worksheets for each individual jurisdiction).
Added instructions for reporting of policyholder deductible and self-insured retention information.
Geographic Exposures (Nationwide) Worksheet
Updated instructions to confirm that question on probable maximum loss should be answered on a gross basis of loss, without reference to private reinsurance or claims against TRIP.
Narrowed range of blast to be used in calculation of Maximum Probable Loss amount.
Reinsurance (Nationwide) Worksheet:
Revised instructions to comport with modeled loss scenario. In addition, the instructions now specify that the total projected loss figure must equal the sum of the individual components of the loss.
Insurer Group Affiliations |
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Section |
Field Name |
Comments |
B4 |
NAIC Group Code |
Provide the NAIC Group Code used for state regulatory reporting purposes.
|
C4 |
Insurer Group Name |
Provide name as used by reporting insurance group.
|
B9-B27 |
NAIC Company Code |
Provide the NAIC Company Code used for state regulatory reporting purposes.
|
C9-C27 |
Insurance Company Name |
Provide name as used by reporting insurance company.
|
D9-D27 |
Type of Insurer |
Select from drop-down list the item that best describes the operations of the reporting insurer with respect to the Terrorism Risk Insurance Program (Admitted, Domestic Surplus Lines, Alien Surplus Lines, Joint Underwriting Association/Pooling Arrangement, Residual Market Entity, State Workers’ Compensation Fund). |
H3 |
Total 2016 Policyholder Surplus |
Enter total 2016 policyholder surplus as reported by the insurance group or company for state regulatory purposes on its Annual Statement for 2016 at Page 3, Line 37, Column 1.
|
H4 |
Total 2016 TRIP-Eligible DEP (all lines) |
Provide the insurance group or company’s total 2016 TRIP-Eligible Direct Earned Premium (DEP), for all lines and all jurisdictions.
|
Policies and Direct Earned Premium (DEP) (Jurisdiction) |
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Section |
Field Name |
Comments |
B2 |
Jurisdiction |
Provide policy and DEP information by jurisdiction (U.S. state, the District of Columbia, or U.S. territory) on separate worksheets. Complete an additional worksheet to provide policy and DEP information for data which is otherwise not allocable to a particular jurisdiction. |
B7-B18 C7-C18 |
TRIP-Eligible Line of Coverage |
Cells B7-B18 list the TRIP-eligible lines of coverage presently used by insurers. Cells C7-C18 list the NAIC lines (as reported on the NAIC Exhibit of Premiums and Losses, commonly known as Statutory Page 14) which generally correspond to these TRIP-eligible lines. |
D7-D18 |
Total 2017 TRIP-Eligible DEP (all policies) |
The figures in Column D will show the total 2017 DEP charged for the corresponding TRIP-eligible line of insurance listed in Cells B7-B18. The figures reported in this column will equal the sum of the respective figures reported in Columns E-G.
|
E7-E18 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide total 2017 DEP of policies in which terrorism risk coverage was not provided to the policyholder.
|
F7-F18 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Provided for Disclosed $0 Charge) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide total 2017 DEP of policies in which terrorism risk coverage was provided by the insurer to the policyholder for a disclosed charge of $0. |
G7-G18 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Provided with a Premium Charged) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide total DEP for 2017 of policies in which terrorism risk coverage was provided by the insurer to the policyholder for a disclosed charge of more than $0. |
H7-H18 |
Total 2017 DEP Charged for Terrorism Risk Coverage |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide the amount of DEP charged for terrorism risk.
|
I7-I18 |
Total 2017 Number of Policies (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide the number of policies included in the DEP reported in Cells E7-E18 (where terrorism risk coverage was not provided to the policyholder).
|
J7-J18 |
Total 2017 Number of Policies (Terrorism Risk Coverage Provided for Disclosed $0 Charge) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide the number of policies included in the DEP reported in Cells F7-F18 (where terrorism risk coverage was provided for a disclosed charge of $0).
|
K7-K18 |
Total 2017 Number of Policies by Line (Terrorism Risk Coverage Provided with a Premium Charged) |
For each corresponding TRIP-eligible line of insurance listed in Cells B7-B18, provide the number of policies included in the DEP reported in Cells G7-G18 (where terrorism risk coverage was provided by the insurer for a disclosed charge of more than $0).
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L7-L18 |
Total 2017 Number of Policies |
The figures in Column L will show the total policy count for the corresponding TRIP-eligible line of insurance listed in Cells B7-B18. The figures reported in this column will equal the sum of the respective figures reported in Columns I-K. |
C21 |
Total 2017 Number of Policies Containing TRIP-Eligible Coverage |
Provide the total number of policies associated with the total TRIP-eligible DEP shown in Cell D19.
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Standalone Terrorism (Nationwide) |
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Section |
Field Name |
Comments |
C3 |
2017 DEP for Standalone Terrorism Policies |
Provide 2017 DEP for standalone terrorism policies for the United States as a whole.
The figure entered in Cell C3 must equal the sum of the figures entered in Cells C4 and C5. |
C4 |
Portion of 2017 DEP Providing Coverage for Losses for Certified Acts of Terrorism under TRIP |
Identify the portion of the 2017 standalone terrorism DEP provided in Cell C3 which was subject to TRIP (if any). |
C5 |
Portion of 2017 DEP Providing Coverage for Losses Arising from Other (Non-Certified) Acts of Terrorism |
Identify the portion of the 2017 standalone terrorism DEP provided in Cell C3 which was not subject to TRIP (if any). |
C6 |
2017 Number of Standalone Terrorism Policies Issued |
Provide the 2017 policy count for the DEP provided in Cell C3. |
C7 |
2017 Number of Standalone Terrorism Policies Issued Providing Coverage for Losses for Certified Acts of Terrorism under TRIP |
Provide the 2017 policy count for the DEP provided in Cell C4. |
C8 |
2017 Property Insurance Exposure for Standalone Terrorism Policies Providing Coverage for Losses for Certified Acts of Terrorism under TRIP |
Provide the insurer’s total 2017 property insurance exposure for all property coverage provided in connection with the amount reported in Cell C3.
|
C9 |
2017 Total Limits of Liability for Standalone Terrorism Policies Providing Coverage for Losses for Certified Acts of Terrorism under TRIP |
Provide the insurer’s total 2017 liability exposure for all liability coverage provided in connection with the amount reported in Cell C3.
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Cyber (Nationwide) |
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Section |
Field Name |
Comments |
C3-E3 |
2017 TRIP-Eligible DEP for Cyber Policies |
Provide 2017 TRIP-eligible DEP for cyber policies for the United States as a whole. Enter 2017 TRIP-eligible DEP for “standalone” cyber policies in Cell C3. Enter 2017 TRIP-eligible DEP for package policies containing cyber coverage as well as other risks in Cell D3.
Cell E3 must show the sum of the values entered in Cells C3 and D3.
Cells C3-E3 must show the sum of the values respectively entered in Cells C4-E4 and C5-E5. |
C4-E4 |
2017 TRIP-Eligible DEP for Cyber Policies (Terrorism Risk Coverage Declined) |
Provide 2017 DEP for cyber policies in TRIP-eligible lines where terrorism risk coverage was not purchased by the policyholder. Enter 2017 DEP for “standalone” cyber policies in Cell C4. Enter 2017 TRIP-eligible DEP for package policies containing cyber coverage in Cell D4.
Cell E4 must show the sum of the values entered in Cells C4 and D4. |
C5-E5 |
2017 TRIP-Eligible DEP for Cyber Policies (Terrorism Risk Coverage Provided) |
Provide 2017 DEP for cyber policies in TRIP-eligible lines where terrorism risk coverage was purchased by the policyholder. Enter 2017 DEP for “standalone” cyber policies in Cell C5. Enter 2017 TRIP-eligible DEP for package policies containing cyber coverage in Cell D5.
Cell E5 must show the sum of the values entered in Cells C5 and D5. |
C6-E6 |
2017 Total Disclosed Terrorism Risk Coverage DEP Charged Under Cyber Policies |
Provide the amount of DEP charged for terrorism risk in cyber policies providing terrorism risk coverage. Enter 2017 DEP charged for terrorism risk in “standalone” cyber policies in Cell C6. Enter 2017 DEP charged for terrorism risk in package policies containing cyber coverage in Cell D6.
Cell E6 must show the sum of the values entered in Cells C6 and D6. |
C7-E7 |
2017 Number of Cyber Policies Issued |
Provide the corresponding 2017 policy count for the DEP provided in Cells C3-D3.
Cell E7 must show the sum of the values entered in Cells C7 and D7. |
C8-E8 |
2017 Number of Cyber Policies Issued (Terrorism Risk Coverage Provided) |
Provide the corresponding 2017 policy count for the DEP provided in Cells C5-D5.
Cell E8 must show the sum of the values entered in Cells C8 and D8. |
C9-E9 |
2017 Total Liability Policy Limits for Cyber Policies (Terrorism Risk Coverage Provided) |
Provide the insurer’s total 2017 liability exposure for all cyber liability coverage provided in connection with the corresponding amounts reported in Cells C5 and D5.
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Exposure Bases by Jurisdiction |
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Section |
Field Name |
Comments |
B2 |
Jurisdiction |
Provide information by jurisdiction (U.S. state, the District of Columbia, or U.S. territory) on separate worksheets.
|
B6-B17 C6-C17 |
TRIP-Eligible Line of Coverage |
Cells B6-B17 list the TRIP-eligible lines of coverage presently used by insurers. Cells C6-C17 list the NAIC lines (as reported on the NAIC Exhibit of Premiums and Losses, commonly known as Statutory Page 14) which generally correspond to these TRIP-eligible lines. |
D6-D17 |
Total 2017 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Provided) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total property exposure under all 2017 policies where terrorism risk coverage was provided in connection with property coverage.
|
E6-E17 |
Total 2017 Policyholder Deductibles for TRIP-Eligible Property Policies (Terrorism Risk Coverage Provided) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total deductible or retention exposure retained by your policyholders under the policies reported in Cells D6-D17.
|
F6-F17 |
Total 2017 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total 2017 property insurance exposure in which terrorism risk coverage was not obtained by the policyholder.
|
G6-G17 |
Total 2017 Policyholder Deductibles for TRIP-Eligible Property Policies (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total deductible or retention exposure retained by your policyholders under the policies reported in Cells F6-F17.
|
H6-H17 |
Total 2017 TRIP-Eligible Liability Exposure (Terrorism Risk Coverage Provided) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total limits of liability under all 2017 policies where terrorism risk coverage was provided in connection with liability coverage.
|
I6-I17 |
Total 2017 Policyholder Deductibles for TRIP-Eligible Liability Policies (Terrorism Risk Coverage Provided) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total deductible or retention exposure retained by your policyholders under the policies reported in Cells H6-H17.
|
J6-J17 |
Total 2017 TRIP-Eligible Liability Exposure (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total 2017 limits of liability in which terrorism risk coverage was not obtained by the policyholder.
|
K6-K17 |
Total 2017 Policyholder Deductibles for TRIP-Eligible Liability Policies (Terrorism Risk Coverage Declined) |
For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide total deductible or retention exposure retained by your policyholders under the policies reported in Cells J6-J17.
|
L6-L17 |
Total 2017 Payroll for TRIP-Eligible Policies (Terrorism Risk Coverage Provided) |
Provide total 2017 payroll for excess workers’ compensation under all policies in Cell L13.
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Policyholder Industry Code (Nationwide) |
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Section |
Field Name |
Comments |
C4-C24 D4-D24
C25-C35 D25-D35
C36-C43 D36-D43 |
NAICS Code
SIC Code
Other |
Reporting insurers should categorize information under (1) NAICS Codes, (2) SIC Codes, or (3) Other to allocate premium on this worksheet.
|
E4-E24 E25-E35 E36-E43 |
Total 2017 DEP Charged for Terrorism Risk (Property) |
Allocate (by industry code) the amount of 2017 DEP charged for terrorism risk under property policies.
|
F4-F24 F25-F35 F36-F43 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Declined) (Property) |
Allocate (by industry code) the amount of total 2017 DEP of property policies in which terrorism risk coverage was not provided to the policyholder. |
G4-G24 G25-G35 G36-G43 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Provided) (Property) |
Allocate (by industry code) the amount of total 2017 DEP of property policies in which terrorism risk coverage was obtained by the policyholder.
|
I4-I24 I25-I35 I36-I43 |
Total 2017 DEP Charged for Terrorism Risk (Liability) |
Allocate (by industry code) the amount of 2017 DEP charged for terrorism risk under liability policies.
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J4-J24 J25-J35 J36-J43 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Declined) (Liability) |
Allocate (by industry code) the amount of total 2017 DEP of liability policies in which terrorism risk coverage was not provided to the policyholder. |
K4-K24 K25-K35 K36-K43 |
Total 2017 TRIP-Eligible DEP (Terrorism Risk Coverage Provided)(Liability) |
Allocate (by industry code) the amount of total 2017 DEP of liability policies in which terrorism risk coverage was obtained by the policyholder.
|
M4-M24 M25-M35 M36-M43 |
Total 2017 DEP Charged for Terrorism Risk (Workers’ Compensation) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB.
|
N4-N24 N25-N35 N36-N43 |
Total 2017 TRIP-Eligible DEP (Workers’ Compensation) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB.
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Geographic Exposures (Nationwide) |
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Section |
Field Name |
Comments |
B3-B30 |
Region |
This field shows the specified metropolitan regions of the United States (Cells B3-B28) for which exposure information should be recorded.
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C3-C30 |
Description |
This field outlines locations (by ZIP code) in the metropolitan regions listed in Cells B3-B28.
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D3-D30 |
Total 2017 Payroll Subject to TRIP Coverage under Primary WC Coverage |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB. |
E3-E30 |
Total 2017 Payroll Subject to TRIP Coverage under Excess WC Coverage |
For each corresponding region listed in Cells B3-B30, provide 2017 payroll figures included under policyholders’ excess workers' compensation coverage. |
F3-F30 |
Total 2017 Property Insurance Exposure (Terrorism Risk Coverage Provided) |
For each corresponding region listed in Cells B3-B30, provide the insurer’s 2017 property exposure for all property coverage.
|
G3-G30 |
Total 2017 Property Insurance Exposure (Terrorism Risk Coverage Declined) |
For each corresponding region listed in Cells B3-B30, provide the insurer’s 2017 property exposure not subject to TRIP property coverage. |
C35-C39 |
ZIP Code of Top 5 Largest Accumulated Exposure Locations by Payroll (Metropolitan Areas) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB. |
D35-D39 |
Amount of Top 5 Largest Accumulated Exposure Locations by Payroll (Metropolitan Areas) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB. |
E35-E39 |
ZIP Code of Top 5 Largest Accumulated Exposure Locations by Property Insurance Exposure (Terrorism Risk Coverage Provided) (Metropolitan Areas) |
For each corresponding region, provide the ZIP codes for the top 5 aggregations of property insurance exposure within the metropolitan areas included in Rows 3-28.
|
F35-F39 |
Amount of Top 5 Largest Accumulated Exposure Locations by Property Insurance Exposure (Terrorism Risk Coverage Provided) (Metropolitan Areas) |
For each corresponding ZIP code listed in Cells C35-C39, provide the total accumulated property insurance exposure within that ZIP code. |
C43-C47 |
ZIP Code of Top 5 Largest Accumulated Exposure Locations by Payroll (Non-Metropolitan Areas) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB. |
D43-D47 |
Amount of Top 5 Largest Accumulated Exposure Locations by Payroll (Non-Metropolitan Areas) |
No entry required. This information will be reported on the insurer’s behalf by NCCI and/or California WCIRB. |
E43-E47 |
ZIP Code of Top 5 Largest Accumulated Exposure Locations by Property Insurance Exposure (Terrorism Risk Coverage Provided) (Non-Metropolitan Areas) |
For non-metropolitan areas included in Row 29, provide the ZIP codes for the top 5 aggregations of property insurance exposure.
|
F43-F47 |
Amount of Top 5 Largest Accumulated Exposure Locations by Property Insurance Exposure (Terrorism Risk Coverage Provided)(Non-Metropolitan Areas) |
For each corresponding ZIP code listed in Cells C43-C47, provide the total accumulated property insurance exposure within that ZIP code. |
D49 |
ZIP Code Associated with Largest Probable Maximum Loss (PML) |
Provide the ZIP code for the insurer group or company's largest Probable Maximum Loss (for all lines) at a single street level address location.
|
D50 |
Largest PML at a Single Location (Amount) |
Provide the amount of the insurer group or company's largest Probable Maximum Loss (for all lines) at the location identified in Cell D49.
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Note: This Worksheet is set up as a questionnaire, with certain amounts requested, yes or no answers sought, and associated explanation to the extent necessary. As a result, and unlike the other worksheets, the data sought may be more easily obtainable from an individual with knowledge of the reinsurance arrangements of the reporting entity, as distinguished from the mechanism of data queries to existing systems. The questions are limited to reinsurance purchased from unaffiliated third-party companies, and do not include reinsurance transactions within a group of affiliated insurers. Figures should include only purchased treaty reinsurance, and not purchased facultative reinsurance.
Reinsurance (Nationwide) |
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Section |
Field Name |
Comments |
C3-D3 |
Size of TRIP 2017 Deductible (Cell H4 of Insurer Group Affiliations Worksheet x 20%) |
Provide the insurance group or company’s 2017 TRIP deductible.
|
C4-D4 |
Total 2017 Limits Any One Loss of Purchased Treaty Reinsurance Covering TRIP Loss |
For reinsurance purchased by the insurance group or company, provide the per loss limit for losses subject to TRIP. |
C5-D5 |
Total 2017 Aggregate Limits of Purchased Treaty Reinsurance Covering TRIP Loss |
For reinsurance purchased by the insurance group or company, provide the 2017 maximum aggregate reinsurance limit per calendar year for losses subject to TRIP. |
C6-D6 |
2017 Attachment Point of Purchased Treaty Reinsurance Covering TRIP Loss |
For treaty reinsurance purchased by the insurance group or company, provide the 2017 attachment point for losses subject to TRIP. |
C7-D7 |
2017 Co-Participation Share of Purchased Treaty Reinsurance Covering TRIP Loss |
For treaty reinsurance purchased by the insurance group or company, provide the 2017 co-participation share for losses subject to TRIP exposure. |
C8-D8 |
Total 2017 Limits Any One Loss of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss |
For reinsurance purchased by the insurance group or company, provide the per loss limit for losses subject to TRIP.
|
C9-D9 |
Total 2017 Aggregate Limits of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss |
For treaty reinsurance purchased by the insurance group or company, provide the 2017 maximum aggregate reinsurance limit per calendar year for natural catastrophe losses.
|
C10-D10 |
2017 Attachment Point of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss |
For treaty reinsurance purchased by the insurance group or company, provide the 2017 attachment point for natural catastrophe losses.
|
C11-D11 |
2017 Co-Participation Share of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss |
For treaty reinsurance purchased by the insurance group or company, provide the 2017 co-participation share, if any, for natural catastrophe losses. |
C12-D12 |
Any reinsurance exclusions for TRIP Certified Foreign Acts of Terrorism? |
Select whether during any reinsurance purchased in 2017 had any exclusions for TRIP-certified acts of terrorism caused by foreign individuals or actors. |
C13-D13 |
Any reinsurance exclusions for TRIP Certified Domestic Acts of Terrorism? |
Select whether during any reinsurance purchased in 2017 had any exclusions for TRIP-certified acts of terrorism caused by domestic acts of terrorism. |
C14-D14 |
Reinsurance for NBCR WC Exposures Resulting from Certified Acts of Terrorism? |
Select whether any reinsurance purchased in 2017 included any coverage for workers' compensation losses involving TRIP-certified acts of terrorism resulting from nuclear, biological, chemical or radiological (NBCR) exposures. |
C15-D15 |
If Yes, Total 2017 Limits of NBCR Reinsurance for Certified Acts of Terrorism involving WC Loss |
If the response in Cell C14 was “yes”, provide the per loss limit for workers' compensation losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C16-D16 |
If Yes, 2017 Attachment Point of NBCR Reinsurance for Certified Acts of Terrorism involving WC Loss |
If the response in Cell C14 was “yes”, provide the 2017 attachment point for workers' compensation losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C17-D17 |
If Yes, 2017 Co-Participation Share (if any) of NBCR Reinsurance For Certified Acts of Terrorism involving WC Loss |
If the response in Cell C14 was “yes”, provide the 2017 co-participation share for workers' compensation losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C18-D18 |
Reinsurance for NBCR Property Loss Resulting from Certified Acts of Terrorism? |
Select whether any reinsurance purchased in 2017 included any coverage for property losses involving TRIP-certified acts of terrorism resulting NBCR exposures. |
C19-D19 |
If Yes, Total 2017 Limits of NBCR Reinsurance for Certified Acts of Terrorism involving Property Loss |
If the response in Cell C18 was “yes”, provide the per loss limit for property losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C20-D20 |
If Yes, 2017 Attachment Point of NBCR Reinsurance for Certified Acts of Terrorism involving Property Loss |
If the response in Cell C18 was “yes”, provide the 2017 attachment point for property losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C21-D21 |
If Yes, 2017 Co-Participation Share (if any) of NBCR Reinsurance for Certified Acts of Terrorism involving Property Loss |
If the response in Cell C18 was “yes”, provide the 2017 co-participation share for property losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C22-D22 |
Reinsurance for NBCR Liability Loss Resulting from Certified Acts of Terrorism? |
Select whether any reinsurance purchased in 2017 included any coverage for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C23-D23 |
If Yes, Total 2017 Limits of NBCR Reinsurance for Certified Acts of Terrorism involving Liability Loss |
If the response in Cell C22 was “yes”, provide the per loss limit for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C24-D24 |
If Yes, 2017 Attachment Point of NBCR Reinsurance for Certified Acts of Terrorism involving Liability Loss |
If the response in Cell C22 was “yes”, provide the 2017 attachment point for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C25-D25 |
If Yes, 2017 Co-Participation Share (if any) of NBCR Reinsurance for Certified Acts of Terrorism involving Liability Loss |
If the response in Cell C22 was “yes”, provide the 2017 co-participation share for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures. |
C26-D26 |
Any other reinsurance exclusions specifically applicable to Certified Acts of Terrorism under TRIP? |
In Cell C26, select whether the insurance group or company’s 2017 reinsurance contracts contained any additional exclusions that could preclude coverage for losses involving TRIP-certified acts of terrorism.
In Cell D26, identify the exclusion(s). |
C27-C34 |
Loss to Group or Company within TRIP Deductible, Private Reinsurance Recovery, Deductible/Retention of Insureds, Claim under TRIP, Co-Pay Obligation |
The last series of questions seeks information as to how a particular defined loss event (Line 27) would likely affect the responding insurer group or reporting insurer, in terms of the total projected loss it would likely sustain (Line 28), with that amount divided into six categories:
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OMB No. 1505-0257
Expiration: ____________
File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
File Modified | 0000-00-00 |
File Created | 2021-01-21 |