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© 2026 COVEREDPreview build on testnet. Figures are representative data. Coverage is limited to the covered events, limits and terms of each policy, and never covers market price declines. Nothing here is an offer of insurance in any jurisdiction.

COVERED

Underwriter · Desk

HALCYON

Rating

A

Capital deployed: $6.2M
Active exposure: $1.32M
Policies: 97
Policies led: 18
Claims: 3
Premium earned: $238,400
Losses: $61,000
Loss ratio: 25.6%
Underwriting P&L: +$177,400
Track record: 14 months

Cumulative underwriting P&L

Now · +$177,400

$177,400$88,700$0

Month 1 Covered-event lossesNow

Grade mix · capital weighted

A+ 20%A 40%A− 40%

Current book

Positions in live and recent policies. Every figure is derived from contract events.

$FROG CVD-000184junior$40,000A−ACTIVE
$VOID CVD-000176junior$36,000AACTIVE
$ATLAS CVD-000162senior$720,000AACTIVE
$MERID CVD-000193junior$80,000A−BINDING
$SALT CVD-000140junior$45,000AEXPIRED