Implied Probability
12.6%
Historical 10.8%
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Market prices, positions, participants and transactions are simulated for demonstration purposes.
Parametric protection against severe hurricane-related disruption to energy, transport and commercial infrastructure along the US Gulf Coast.
Bid
13.4%
Provide capacity
Ask
14.2%
Buy protection
Spread
0.8 pts
Indicative market
Implied Probability
12.6%
Historical 10.8%
Available Capacity
$22.4M
$81M listed
Maturity
30 Nov 2027
1 June 2027 – 30 November 2027
Market Spread
0.8 pts
Indicative bid–ask
Illustrative pricing movement over the preceding six weeks.
Current indicative yield
14.2%
Range 13.0%–14.8%
Indicative capacity available by premium rate.
Simulated transactions for demonstration.
| Time | Direction | Notional | Rate |
|---|---|---|---|
| 12:24:18 | Protection | $750K | 14.2% |
| 12:18:42 | Capacity | $1.2M | 13.4% |
| 12:07:11 | Protection | $500K | 14.1% |
| 11:56:35 | Capacity | $2M | 13.3% |
| 11:43:08 | Protection | $900K | 14.2% |
Comparable exposures within the current market or region.
Market Open
Indicative trading
Observation
1 June 2027 – 30 November 2027
Verification
Independent hurricane-track and infrastructure-status data
Settlement
30 Nov 2027