Captive Insurers Reinsurance (Nationwide)

Instructions for Terrorism Risk Insurance Program (TRIP) 2019 Data Call

Captive Insurers

Form Overview

This reporting form is for use by captive insurers.

• Captive insurers that wrote TRIP-eligible lines of insurance in 2018, but did not provide any terrorism risk insurance subject to TRIP under any policy, are not required to report. This is the case even if the captive insurer provided terrorism risk insurance in years prior to 2018.

• Captive Insurers that are part of a larger group that is subject to reporting on either the Small Insurer template or the Insurer (Non-Small) Groups or Companies template should report on the appropriate template and not use this reporting form.

• Offshore captive insurers that are licensed to write insurance in any U.S. jurisdiction, and which write terrorism risk insurance subject to TRIP are required to report, and should identify themselves using their OLC Code.

General Guidelines

• 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 by captive insurers may be allocated in full to their state of domicile or licensure.

• 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 should only include primary workers’ compensation coverage written on an admitted basis. Do not include premium associated with workers’ compensation deductible reimbursement (reported in Row 13) or excess workers’ compensation (reported in Row 14 and 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).

• Deductible reimbursement policies (other than workers’ compensation) that fall within a TRIP-eligible line should be reported under that line on the Direct Earned Premium by Jurisdiction Worksheet, the Exposures by Jurisdiction Worksheet, and/or the Geographic Exposures (Nationwide) Worksheets

• Information is sought concerning policies that will or would have responded to “certified acts of terrorism” during the reporting period. The fact that the policy did not in fact make payments for claims associated with any certified acts of terrorism is not relevant to the obligation to report information.

• 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 2018 (or otherwise 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 2018 would result in double counting for the year as a whole, utilize a reporting date of December 31, 2018.

• 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).

Summary of Changes from 2018 Templates

• Exposure Bases by Jurisdiction Worksheet:

• Added columns for policy limits extending coverage for nuclear, biological, chemical, and radiological (NBCR) exposures.

• Reinsurance (Nationwide) Worksheet:

• Added clarifying language that questions concerning natural catastrophe and NBCR reinsurance coverage are to be answered on an “any one loss” basis, as is the case with the reinsurance questions relating to TRIP losses generally.

• Replaced modeled loss scenario.

Summary of Changes from 2018 Instructions

• Cyber Worksheet:

• Provided additional guidance concerning the reporting of terrorism risk insurance DEP associated with cyber insurance provided as part of a package policy.

• Exposure Bases by Jurisdiction Worksheet:

• Added instructions for reporting NBCR policy limits.

• Reinsurance (Nationwide) Worksheet:

• Revised instructions to comport with modeled loss scenario. In addition, the instructions specify that natural catastrophe and NBCR reinsurance questions are to be answered on an “any one loss” basis.

Instructions for Insurer Group Affiliations Worksheet

Insurer Group Affiliations
Section	Field Name	Comments
B4	NAIC Group Code	Provide the NAIC Group Code used for state regulatory reporting purposes. If the insurer is not part of a group, leave blank and report the individual company’s NAIC Company Code in Cell B9. Groups that have no such number will be assigned a number by the aggregator.
C4	Insurer Group Name	Provide name as used by reporting insurance group. If the insurer is not part of a group, leave blank and report the individual company’s name in Cell C9.
B9-B27	NAIC Company Code	Provide the NAIC Company Code used for state regulatory reporting purposes. Enter information for each company within an affiliated group of insurers (as reported in Cells B4 and C4), or enter information for individual company if not part of a group. Companies that have no such number will be assigned a number by the aggregator.
C9-C27	Insurance Company Name	Provide name as used by reporting insurance company. Enter information for each company within an affiliated group of insurers (as reported in Cells B4 and C4), or report for individual company if not part of a group.
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 (Captive, Offshore Licensed Captive, Risk Retention Group).
E9-E27	Domicile	Select the jurisdiction in which the insurer is domiciled.
H3	Total 2017 Policyholder Surplus	Enter total 2017 policyholder surplus as reported by the insurance group or company for state regulatory purposes on its Annual Statement for 2017 at Page 3, Line 37, Column 1. To the extent the insurer does not report this figure for state regulatory purposes, report a policyholder surplus figure for 2017 based upon an equivalent methodology.
H4	Total 2017 TRIP-Eligible DEP (all lines)	Provide the insurance group or company’s total 2017 TRIP-Eligible Direct Earned Premium (DEP), for all lines and all jurisdictions. If the insurer reported in the 2018 TRIP Data Call, this field has already been populated with the information that was previously provided.

Instructions for Direct Earned Premium (DEP) (Jurisdiction) Worksheet

Direct Earned Premium (DEP) (Jurisdiction)
Section	Field Name	Comments
B2	Jurisdiction	Provide DEP information by jurisdiction (U.S. state, the District of Columbia, or U.S. territory) on separate worksheets. Complete an additional worksheet to provide DEP information for data which is otherwise not allocable to a particular jurisdiction. No additional worksheet is required to provide aggregate data for the United States, as the sum of all premiums should equal the aggregate totals.
B6-B18 C6-C18	TRIP-Eligible Line of Coverage	Cells B6-B18 list the TRIP-eligible lines of coverage presently included in the Program. Cells C6-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.
D6-D18	Total 2018 TRIP-Eligible DEP (all policies)	The figures in Column D will show the total 2018 DEP charged for the corresponding TRIP-eligible line of insurance listed in Cells B6-B18. The figures reported in this column will equal the sum of the respective figures reported in Columns E-G. Cell D19 will show the insurance group or company’s total 2018 TRIP-eligible DEP for all lines of insurance.
E6-E18	Total 2018 TRIP-Eligible DEP (Terrorism Risk Coverage Declined)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total 2018 DEP of policies, where terrorism risk coverage was not provided to the policyholder. Include premium in this column only if a policy did not provide any coverage subject to TRIP. If the policyholder declined the initial mandatory offer, but a different amount of coverage subject to TRIP was then negotiated, include that premium information in Column F or G, as appropriate.
F6-F18	Total 2018 TRIP-Eligible DEP (Terrorism Risk Coverage Provided for Disclosed $0 Charge)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total 2018 DEP of policies, where terrorism risk coverage was provided by the insurer to the policyholder for a disclosed charge of $0.
G6-G18	Total 2018 TRIP-Eligible DEP (Terrorism Risk Coverage Provided with a Premium Charged)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total DEP for 2018 of policies, where terrorism risk coverage was provided by the insurer to the policyholder for a disclosed charge of more than $0.
H6-H18	Total 2018 DEP Charged for Terrorism Risk Coverage	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide the amount of DEP charged for terrorism risk. This figure, representing premium charged for terrorism risk, should be a component of the amount provided in Column G.

Instructions for Standalone Terrorism (Nationwide) Worksheet

Standalone Terrorism (Nationwide)
Section	Field Name	Comments
C3	2018 DEP for Standalone Terrorism Policies	Provide 2018 DEP for standalone terrorism policies for the United States as a whole. Enter information here if the insurance group or company issued "standalone" policies covering only terrorism risk. Include all terrorism risk policies, whether or not subject to TRIP. Policies that include additional non-terrorism risks should not be included in this worksheet. These should be included in the Policies and DEP (Juris.) Worksheet. The figure entered in Cell C3 must equal the sum of the figures entered in Cells C4 and C5.
C4	Portion of 2018 DEP Providing Coverage for Losses for Certified Acts of Terrorism under TRIP	Identify the portion of the 2018 standalone terrorism DEP provided in Cell C3 which was subject to TRIP (if any).
C5	Portion of 2018 DEP Providing Coverage for Losses Arising from Other (Non-Certified) Acts of Terrorism	Identify the portion of the 2018 standalone terrorism DEP provided in Cell C3 which was not subject to TRIP (if any).
C6	2018 Number of Standalone Terrorism Policies Issued	Provide the 2018 policy count for the DEP provided in Cell C3.
C7	2018 Number of Standalone Terrorism Policies Issued Providing Coverage for Losses for Certified Acts of Terrorism under TRIP	Provide the 2018 policy count for the DEP provided in Cell C4.
C8	2018 Property Insurance Exposure for Standalone Terrorism Policies Providing Coverage for Losses for Certified Acts of Terrorism under TRIP	Provide the insurer’s total 2018 property insurance exposure for all property coverage provided in connection with the amount reported in Cell C3. Include the total amount of the reporting insurer's exposure for a property loss (and thus do not include amounts within a policyholder’s deductible, etc.). To the extent the value of the policyholder’s property is not fully insured by the policy in question, use the limits of the property insurance to calculate the insurer’s exposure.
C9	Total 2018 Limits of Liability for Standalone Terrorism Policies Providing Coverage for Losses for Certified Acts of Terrorism under TRIP	Provide the insurer’s total 2018 liability exposure for all liability coverage provided in connection with the amount reported in Cell C3. Include the total amount of the reporting insurer's liability exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the liability insurance to calculate the insurer’s exposure. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. Where a policy is not subject to a defined limit of liability, estimate exposure using a maximum probable loss model.

Instructions for Cyber (Nationwide) Worksheet

Cyber (Nationwide)
Section	Field Name	Comments
C3-E3	Total 2018 TRIP-Eligible DEP (All Cyber Policies)	Provide the amount of DEP charged for cyber coverage in TRIP-eligible lines. Enter totals for the United States as a whole. Enter 2018 TRIP-eligible DEP for “standalone” cyber policies in Cell C3. Enter 2018 TRIP-eligible DEP for package policies in Cell D3. Only include premium associated with the cyber coverage in the policy. If the policy does not specify the cyber premium, provide an estimate of the cyber component of the package policy. Policies that may respond to a cyber loss but do not explicitly provide coverage for cyber risks (sometimes characterized as non-affirmative cyber or “silent cyber”) should not be included in this worksheet. Policies that provide cyber coverage outside of TRIP-eligible lines should not be included. 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	Total 2018 TRIP-Eligible DEP for Cyber Policies (Terrorism Risk Coverage Declined)	Provide total 2018 DEP of cyber policies in TRIP-eligible lines, where terrorism risk coverage was not provided to the policyholder. Include premium in this row only if a cyber policy did not provide any coverage subject to TRIP. Enter 2018 TRIP-eligible DEP for “standalone” cyber policies in Cell C4. Enter 2018 TRIP-eligible DEP for package policies containing cyber coverage in Cell D4. Only include premium associated with the cyber coverage in the policy. If the policy does not specify the cyber premium, provide an estimate of the cyber component of the package policy. Policies that may respond to a cyber loss but do not explicitly provide coverage for cyber risks (sometimes characterized as non-affirmative cyber or “silent cyber”) should not be included in this worksheet. Policies that provide cyber coverage outside of TRIP-eligible lines should not be included. Cell E4 must show the sum of the values entered in Cells C4 and D4.
C5-E5	Total 2018 TRIP-Eligible DEP for Cyber Policies (Terrorism Risk Coverage Provided)	Provide total 2018 DEP of cyber policies in TRIP-eligible lines, where terrorism risk coverage was provided to the policyholder. Include premium in this row only if a cyber policy provided coverage subject to TRIP. Enter 2018 TRIP-eligible DEP for “standalone” cyber policies in Cell C5. Enter 2018 TRIP-eligible DEP for package policies containing cyber coverage in Cell D5. Only provide premium associated with the cyber coverage. If the policy does not specify the cyber premium, provide an estimate of the cyber component of the package policy. Policies that may respond to a cyber loss but do not explicitly provide coverage for cyber risks (sometimes characterized as non-affirmative cyber or “silent cyber”) should not be included in this worksheet. Policies that provide cyber coverage outside of TRIP-eligible lines should not be included. Cell E5 must show the sum of the values entered in Cells C5 and D5.
C6-E6	Total 2018 DEP Charged for Terrorism Risk Coverage Under Cyber Policies	Provide the amount of DEP charged for terrorism risk in cyber policies providing terrorism risk coverage. Enter 2018 DEP charged for terrorism risk in “standalone” cyber policies in Cell C6. Enter 2018 DEP charged for terrorism risk in package policies containing cyber coverage in Cell D6. These figures, representing premium charged for terrorism risk, should be a component of the amounts provided in C5 and D5, respectively. For purposes of cyber coverage provided as part of a package policy, do not provide as the terrorism risk coverage DEP the total amount of terrorism risk coverage DEP provided under the policy as a whole. Provide only the amount associated with the cyber portion of the coverage, or estimate an appropriate amount from the amount charged under the policy as a whole. Policies that may respond to a cyber loss but do not explicitly provide coverage for cyber risks (sometimes characterized as non-affirmative cyber or “silent cyber”) should not be included in this worksheet. Do not include premiums for terrorism coverage that is not subject to TRIP (“non-certified” coverage). Cell E6 must show the sum of the values entered in Cells C6 and D6.
C7-E7	Total 2018 Number of Cyber Policies Issued	Provide the corresponding 2018 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	Total 2018 Number of Cyber Policies Issued (Terrorism Risk Coverage Provided)	Provide the corresponding 2018 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	Total 2018 Limits of Liability for Cyber Policies Providing Coverage for Losses for Certified Acts of Terrorism Under TRIP	Provide the insurer’s total 2018 liability exposure for all cyber liability coverage provided in connection with the corresponding amounts reported in Cells C5 and D5. Include the total amount of the reporting insurer's liability exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the liability insurance to calculate the insurer’s exposure. For cyber coverage provided as part of a package policy, provide the limits associated with the cyber coverage provided. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. Where a policy is not subject to defined limit of liability, estimate exposure using a maximum probable loss model.

Instructions for Exposure Bases by Jurisdiction Worksheet

Exposure Bases by Jurisdiction
Section	Field Name	Comments
B2	Jurisdiction	Provide information by jurisdiction (U.S. state, the District of Columbia, or U.S. territory) on separate worksheets. Complete an additional worksheet to provide information for exposures which are not otherwise allocable to a particular jurisdiction. Complete an additional worksheet to provide aggregate exposure for the United States as a whole (all locations covered by TRIP). The amounts in question may be allocated wholly to the captive insurer’s domiciliary state.
B6-B18 C6-C18	TRIP-Eligible Line of Coverage	Cells B6-B18 list the TRIP-eligible lines of coverage presently included in the Program. Cells C6-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.
D6-D18	Total 2018 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Provided)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total property exposure under all 2018 policies where terrorism risk coverage was provided in connection with property coverage. Enter the amount for each jurisdiction (based on the exposure as allocated for premium purposes) individually, even if an aggregate limit may limit exposure across multiple jurisdictions. For exposures which are otherwise not allocable to a particular jurisdiction, report under “Other/Not Subject to Allocation in a Particular Jurisdiction.” In the response for the United States as a whole (all locations covered by TRIP), report the total aggregate limit exposure only. Include the total amount of the reporting insurer's property exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the property insurance to calculate the insurer’s exposure. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. To the extent the policy exposure is based upon property values or annual sales and is not otherwise subject to a policy limit, use the property values or annual sales figures.
E6-E18	Total 2018 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Provided and NBCR Risks Not Excluded)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total property exposure under all 2018 policies where terrorism risk coverage was and where the policy does not exclude coverage for nuclear, biological, chemical, and radiological (NBCR) risks. Use the same instructions as identified above for reporting policy limits generally. To the extent property policies that provide coverage for terrorism risk do not contain exclusions for NBCR risks, the figures entered in E6-E18 will be the same as the figures reported in D6-D18. To the extent property policies that provide coverage for terrorism risk do contain exclusions for NBCR, the figures entered in E6-E18 will be a lesser subset of the amount reported in D6-D18. To the extent any of the insurer’s policies provide coverage for some, but not all, risks within the NBCR category, assume that policies provide full NBCR coverage.
F6-F18	Total 2018 Policyholder Deductibles for TRIP-Eligible Property Policies (Terrorism Risk Coverage Provided)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total deductible or retention exposure retained by policyholders under the policies reported in Cells D6-D18. Assume a maximum loss. If the policy has a per occurrence deductible or per claim deductible, use the respective deductible. If the policy has an aggregate deductible limit, use the aggregate deductible limit, rather than a per occurrence or per claim deductible. For excess policies, do not include amounts of underlying insurance covered by other insurance policies, or the deductible amounts under those underlying policies.
G6-G18	Total 2018 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Declined)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total 2018 property insurance exposure, where terrorism risk coverage was not obtained by the policyholder. Include exposure amounts in this column only if a policy did not provide any coverage subject to TRIP.
H6-H18	Total 2018 Policyholder Deductibles for TRIP-Eligible Property Policies (Terrorism Risk Coverage Declined)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total deductible or retention exposure retained by policyholders under the policies reported in Cells G6-G18. Assume a maximum loss. If the policy has a per occurrence deductible or per claim deductible, use the respective deductible. If the policy has an aggregate deductible limit, use the aggregate deductible limit rather than a per occurrence or per claim deductible. For excess policies, do not include amounts of underlying insurance covered by other insurance policies, or the deductible amounts under those underlying policies.
I6-I18	Total 2018 Limits of Liability for TRIP-Eligible Policies (Terrorism Risk Coverage Provided)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide the insurer’s total 2018 liability exposure in TRIP-eligible lines, where terrorism risk coverage was provided to the policyholder. Enter the amount for each jurisdiction (based on the exposure as allocated for premium purposes) individually, even if an aggregate limit may limit exposure across multiple jurisdictions. For exposures which are otherwise not allocable to a particular jurisdiction, report under “Other/Not Subject to Allocation in a Particular Jurisdiction.” In the response for the United States as a whole (all locations covered by TRIP), report the policy’s total aggregate limit exposure. Include the total amount of the reporting insurer's liability exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the liability insurance to calculate the insurer’s exposure. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. Where a policy is not subject to a defined limit of liability, estimate exposure using a maximum probable loss model.
J6-J17	Total 2018 TRIP-Eligible Limits of Liability (Terrorism Risk Coverage Provided and NBCR Risks Not Excluded)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B17, provide the insurer’s total 2018 liability exposure under all 2018 policies where terrorism risk coverage was provided in connection with liability coverage and where the policy does not exclude coverage for nuclear, biological, chemical, and radiological (NBCR) risks. Use the same instructions as identified above for reporting policy limits generally. To the extent liability policies that provide coverage for terrorism risk do not contain exclusions for NBCR risks, the figures entered in J6-J17 will be the same as the figures reported in I6-I17. To the extent liability policies that provide coverage for terrorism risk do contain exclusions for NBCR risks, the figures entered in J6-J17 will be a lesser subset of the amount reported in I6-I17. To the extent any of the insurer’s policies provide coverage for some, but not all, risks within the NBCR category, assume that policies provide full NBCR coverage.
K6-K18	Total 2018 Policyholder Deductibles for TRIP-Eligible Liability Policies (Terrorism Risk Coverage Provided)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total deductible or retention exposure retained by policyholders under the policies reported in Cells I6-I18. Assume a maximum loss. If the policy has a per occurrence deductible or per claim deductible, use the respective deductible. If the policy has an aggregate deductible limit, use the aggregate deductible limit rather than a per occurrence or per claim deductible. For excess policies, do not include amounts of underlying insurance covered by other insurance policies, or the deductible amounts under those underlying policies.
L6-L18	Total 2018 Limits of Liability for TRIP-Eligible Policies (Terrorism Risk Coverage Declined)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide the insurer’s total 2018 liability exposure in TRIP-eligible lines, where terrorism risk coverage was not obtained by the policyholder. Enter the amount for each jurisdiction (based on the exposure as allocated for premium purposes) individually, even if an aggregate limit may limit exposure across multiple jurisdictions. For exposures which are otherwise not allocable to a particular jurisdiction, report under “Other/Not Subject to Allocation in a Particular Jurisdiction.” In the response for the United States as a whole (all locations covered by TRIP), report the policy’s total aggregate limit exposure. Include the total amount of the reporting insurer's liability exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the liability insurance to calculate the insurer’s exposure. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. Where a policy is not subject to defined limit of liability, estimate exposure using a maximum probable loss model.
M6-M18	Total 2018 Policyholder Deductibles for TRIP-Eligible Liability Policies (Terrorism Risk Coverage Declined)	For each corresponding TRIP-eligible line of insurance listed in Cells B6-B18, provide total deductible or retention exposure retained by policyholders under the policies reported in Cells L6-L18. Assume a maximum loss. If the policy has a per occurrence deductible or per claim deductible, use the respective deductible. If the policy has an aggregate deductible limit, use the aggregate deductible limit rather than a per occurrence or per claim deductible. For excess policies, do not include amounts of underlying insurance covered by other insurance policies, or the deductible amounts under those underlying policies.
N6-N18	Total 2018 Payroll for TRIP-Eligible Policies (Terrorism Risk Coverage Provided)	Provide total 2018 payroll for workers’ compensation policies (Cell 12) and excess workers’ compensation policies (Cell 14). Include all policies where exposure for terrorism risk coverage is assumed by the captive insurer. Payroll information for workers’ compensation should only be provided in those cases where the captive insurer is licensed to write such insurance.
O6-O18	Total 2018 Payroll Not Subject to Terrorism Risk Coverage	Provide total 2018 payroll for workers’ compensation policies (Cell 12) and excess workers’ compensation policies (Cell 14) where terrorism risk coverage is not assumed by the captive insurer.

Instructions for Policyholder Industry Code (Nationwide) Worksheet

Policyholder Industry Code (Nationwide)
Section	Field Name	Comments
B2	NAICS Code Number Most Applicable to the Business(es) Insured by the Captive Insurer:	From the dropdown list, select the North American Industrial Classification System (NAICS) industry code number which is most applicable to the business(es) insured by the captive insurer.

Instructions for Geographic Exposures (Nationwide) Worksheet

Geographic Exposures (Nationwide)
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. Locations not listed in the identified metropolitan areas (including territories) should be listed in Row 29. Policies for which location information is not available should be recorded in Row 30. Although information is sought on other worksheets by where the premium is allocated for state reporting and tax purposes, the information sought in this sheet should be reported based upon where the exposures are actually located.
C3-C30	Description	This field outlines locations (by ZIP code) in the metropolitan regions listed in Cells B3-B28. The descriptions are based upon definitions currently in use by private rating agencies. To the extent the insurance group or company does not track its data in this fashion, report the information by the closest approximation of the U.S. county and city jurisdictions involved. A complete listing of ZIP codes, counties, and regions is available on the TRIP website (https://www.treasury.gov/resource-center/fin-mkts/Pages/TRIP_data.aspx).
D3-D30	Total 2018 Payroll for TRIP-Eligible Primary WC and Excess WC Policies (Terrorism Risk Coverage Provided)	For each corresponding region listed in Cells B3-B30, provide total 2018 payroll for both primary and excess workers’ compensation policies, where terrorism risk insurance was provided.
E3-E30	Total 2018 Payroll for TRIP-Eligible Primary WC and Excess WC Policies (Terrorism Risk Coverage Not Provided)	For each corresponding region listed in Cells B3-B30, provide total 2018 payroll for both primary and excess workers’ compensation policies, where terrorism risk insurance was not provided.
F3-F30	Total 2018 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Provided)	For each corresponding region listed in Cells B3-B30, provide total property insurance exposure under all 2018 policies where terrorism risk coverage was provided in connection with property coverage. Include the total amount of the reporting insurer's policy exposure (and thus do not include amounts within a policyholder’s deductible, etc.). Use the limits of the property insurance to calculate the insurer’s exposure. If the policy has an aggregate limit, use the aggregate limit. If the policy is subject to a per occurrence limit and not an aggregate limit, use the single occurrence limit. To the extent the policy exposure is based upon property values or annual sales and is not otherwise subject to a policy limit, use the property values or annual sales figures.
G3-G30	Total 2018 TRIP-Eligible Property Exposure (Terrorism Risk Coverage Declined)	For each corresponding region listed in Cells B3-B30, provide total 2018 property insurance exposure, where terrorism risk coverage was not obtained by the policyholder. Include exposure amounts in this column only if a policy did not provide any coverage subject to TRIP. To the extent a captive insurer does not provide any terrorism risk coverage for property policies (as reported in Cells F3-F30), no data needs to be reported in Cells G3-G30.
C35-C39	ZIP Code of Top 5 Largest Accumulated Exposure Locations by Payroll (Metropolitan Areas)	For each corresponding region, provide the ZIP codes for the top 5 aggregations of payroll exposure within the metropolitan areas included in Rows 3-28. ZIP codes entered into this field will not necessarily correspond to 5 different regions (an insurer could conceivably have its top 5 aggregations by ZIP code within the same city).
D35-D39	Amount of Top 5 Largest Accumulated Exposure Locations by Payroll (Metropolitan Areas)	For each corresponding ZIP code listed in Cells C35-C39, provide the total accumulated payroll exposure within that ZIP code.
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. ZIP codes entered into this field will not necessarily correspond to 5 different regions (an insurer could conceivably have its top 5 aggregations within the same city).
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)	For non-metropolitan areas included in Row 29, provide the ZIP codes for the top 5 aggregations of payroll exposure. If total non-allocated exposures from Row 30 fall within the top 5 aggregations, enter them using a ZIP code of 99999.
D43-D47	Amount of Top 5 Largest Accumulated Exposure Locations by Payroll (Non-Metropolitan Areas)	For each corresponding ZIP code listed in Cells C43-C47, provide the total accumulated payroll exposure within that ZIP code.
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. If total non-allocated exposures from Row 30 fall within the top 5 aggregations, enter them using a ZIP code of 99999.
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. Assume the detonation of a 5-6 ton truck bomb at that location (use the blast size within the range that the insurer typically uses in connection with such analyses). If you do not typically perform such analyses, use the blast radius estimates found in the Reinsurance (Nationwide) Worksheet, Line 27.
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. Assume the detonation of a 5-6 ton truck bomb at that location (use the blast size within the range that the insurer typically uses in connection with internal modeling projections). Include the amount of the reporting insurer's gross loss (above any deductible or retention of the policyholder and not including private reinsurance recovery or TRIP claim).

Instructions for Reinsurance (Nationwide) Worksheet

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.

Reinsurance (Nationwide)
Section	Field Name	Comments
C3-D3	Size of TRIP 2018 Deductible (Cell H4 of Insurer Group Affiliations Worksheet x 20%)	Provide the insurance group or company’s 2018 TRIP deductible. This figure is calculated based upon the 2017 TRIP-Eligible DEP, which is reported in Cell H4 of the Insurer Group Affiliations Worksheet.
C4-D4	Total 2018 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 2018 Aggregate Limits of Purchased Treaty Reinsurance Covering TRIP Loss	For reinsurance purchased by the insurance group or company, provide the 2018 maximum aggregate reinsurance limit per calendar year for losses subject to TRIP.
C6-D6	2018 Attachment Point Any One Loss of Purchased Treaty Reinsurance Covering TRIP Loss	For treaty reinsurance purchased by the insurance group or company, provide the 2018 attachment point for losses subject to TRIP.
C7-D7	2018 Co-Participation Share Any One Loss of Purchased Treaty Reinsurance Covering TRIP Loss	For treaty reinsurance purchased by the insurance group or company, provide the 2018 co-participation share for losses subject to TRIP exposure.
C8-D8	Total 2018 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. Include losses in all lines of insurance, whether or not subject to TRIP.
C9-D9	Total 2018 Aggregate Limits of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss	For treaty reinsurance purchased by the insurance group or company, provide the 2018 maximum aggregate reinsurance limit per calendar year for natural catastrophe losses. Include losses in all lines of insurance, whether or not subject to TRIP.
C10-D10	2018 Attachment Point Any One Loss of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss	For treaty reinsurance purchased by the insurance group or company, provide the 2018 attachment point for natural catastrophe losses. Include losses in all lines of insurance, whether or not subject to TRIP.
C11-D11	2018 Co-Participation Share Any One Loss of Purchased Treaty Reinsurance Covering Natural Catastrophe Loss	For treaty reinsurance purchased by the insurance group or company, provide the 2018 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 2018 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 2018 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 2018 provided 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, 2018 Limits Any One Loss 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. The figure in C15 should be no more than the figure reported in C4, and may be less than the figure reported in C4 if reinsurance purchased for NBCR risk was less than reinsurance purchased for other types of terrorism claims.
C16-D16	If Yes, 2018 Attachment Point Any One Loss of NBCR Reinsurance for Certified Acts of Terrorism involving WC Loss	If the response in Cell C14 was “yes”, provide the 2018 attachment point for workers' compensation losses involving TRIP-certified acts of terrorism resulting from NBCR exposures.
C17-D17	If Yes, 2018 Co-Participation Share (if any) Any One Loss of NBCR Reinsurance For Certified Acts of Terrorism involving WC Loss	If the response in Cell C14 was “yes”, provide the 2018 co-participation share any one loss 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 2018 provided any coverage for property losses involving TRIP-certified acts of terrorism resulting NBCR exposures.
C19-D19	If Yes, 2018 Limits Any One Loss 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. The figure in C19 should be no more than the figure reported in C4, and may be less than the figure reported in C4 if reinsurance purchased for NBCR risk was less than reinsurance purchased for other types of terrorism claims.
C20-D20	If Yes, 2018 Attachment Point Any One Loss of NBCR Reinsurance for Certified Acts of Terrorism involving Property Loss	If the response in Cell C18 was “yes”, provide the 2018 attachment point for property losses involving TRIP-certified acts of terrorism resulting from NBCR exposures.
C21-D21	If Yes, 2018 Co-Participation Share (if any) Any One Loss of NBCR Reinsurance for Certified Acts of Terrorism involving Property Loss	If the response in Cell C18 was “yes”, provide the 2018 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 2018 provided any coverage for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures.
C23-D23	If Yes, 2018 Limits Any One Loss 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. The figure in C23 should be no more than the figure reported in C4, and may be less than the figure reported in C4 if reinsurance purchased for NBCR risk was less than reinsurance purchased for other types of terrorism claims.
C24-D24	If Yes, 2018 Attachment Point Any One Loss of NBCR Reinsurance for Certified Acts of Terrorism involving Liability Loss	If the response in Cell C22 was “yes”, provide the 2018 attachment point for liability losses involving TRIP-certified acts of terrorism resulting from NBCR exposures.
C25-D25	If Yes, 2018 Co-Participation Share (if any) Any One Loss of NBCR Reinsurance for Certified Acts of Terrorism involving Liability Loss	If the response in Cell C22 was “yes”, provide the 2018 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 2018 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).
Lines 27-36	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 30), with that amount divided into six categories: Deductible or retention obligation of insureds under triggered policies (Line 31); Net loss to group or company within TRIP deductible, net of policyholder obligations or private reinsurance (Line 32); Any private reinsurance recovery of amounts within the reporting insurer's deductible (Line 33); Projected claims under TRIP (Line 34); The net loss of the insurer group or reporting individual insurer above its deductible within the co-pay obligation (Line 35); and Any private reinsurance recovery of amounts above the reporting insurer's deductible within the co-pay obligation (Line 36). Use the definitions, instructions and assumptions found in the Worksheet at Line 27. Use the blast size within the 5-6 ton range that the insurer typically uses in connection with internal modeling projections. If the insurer does not typically employ such scenarios, provide estimates using the parameters identified in Line 27. If the insurer’s exposure arises from a layered insurance program involving multiple carriers, in which the reporting insurer has assumed only a portion of the total loss sustained by the policyholder pro-rate the response amounts (including the deductible or retention obligations of the policyholder as requested in Line 31) based on the insurer’s level of involvement in the layered program. Not all reporting insurers will anticipate losses under the stated scenario. Because the total projected loss (Line 30) is meant to be the sum of the various components identified in Lines 31-36, the figures entered in Lines 30 must equal the sum of the figures entered in Lines 30-36.

OMB No. 1505-0257

Expiration: