(i)__Losses and loss expenses paid by the ceding insurer but not recovered from the reinsurance vehicle;

(ii)__Reserves for losses reported and outstanding;

(iii)__Reserves for losses incurred but not reported;

(iv)__Reserves for loss expenses;

(v)__Reserves for unearned premiums; and

(vi)__Any additional amount necessary to maintain full funding of the aggregate limit remaining under the contract if the period of coverage or the agreed-upon period of loss development has yet to expire.

(2)__The provisions to be included in the trust agreement described in paragraph E pursuant to this paragraph may instead be included in the underlying contract.

M.__A special purpose reinsurance vehicle contract must contain provisions that:

(1)__Require the reinsurance vehicle to enter into a trust agreement described in paragraph E and to establish a trust account referred to in paragraph E for the benefit of the ceding insurer and specifying what recoverables or reserves or both the trust agreement is to cover;

(2)__Stipulate that assets deposited in the trust account be valued according to their current fair value and may consist only of permitted investments;

(3)__Require the reinsurance vehicle, before depositing assets with the trustee, to execute assignments or endorsements in blank or to transfer legal title to the trustee of all shares, obligations or any other assets