INSURED LOSS SHARED COMPENSATION.

SEC. 4. INSURED LOSS SHARED COMPENSATION. Section 103(e) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note; 116 Stat. 2328) is amended— (1) in paragraph (1)— (A) by inserting “through Program Year 4” before “shall be equal”; and (B) by inserting “, and during Program Year 5 shall be equal to 85 percent,” after “90 percent”; and (2) in each of paragraphs (2) and (3), by striking “Program Year 2 or Program Year 3” each place that term appears and inserting “any of Program Years 2 through 5”.