Indicative Yield
13.8%
Bid 13.0% · Ask 13.8%
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Market prices, positions, participants and transactions are simulated for demonstration purposes.
THEORI-INF-PH-LZ-TY27
Luzon Typhoon Infrastructure Note
Parametric protection against severe typhoon disruption affecting designated energy, transport and communications infrastructure on Luzon.
InfrastructureLuzonOpen
Implied Probability
14.1%
Historical frequency 12.4%
Total Notional
$49M
$12.3M available
Maturity
30 Nov 2027
1 June 2027 – 30 November 2027
Contract Definition
Objective terms governing observation and settlement.
Trigger
A qualifying typhoon results in designated infrastructure disruption exceeding 18 consecutive hours.
Geographic Scope
Luzon
Observation Period
1 June 2027 – 30 November 2027
Data Source
Independent tropical-cyclone and infrastructure-status data
Indicative Market History
Illustrative yield and probability movements.
Historical pricing chart workstream pending
Settlement
Cash settlement following independent confirmation of cyclone classification and qualifying infrastructure disruption.
AI Risk Brief
Current pricing reflects elevated seasonal uncertainty
The current indicative premium is above the historical event frequency, reflecting recent forecast conditions, elevated energy-market sensitivity and constrained available capacity.