Underwriter rejects a congregate bond that single agents clear
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Three of our agents clear the underwriter individually with scorecards in the 700s. The moment they apply as a congregate, the bond is rejected with RISK_CORRELATED. The congregate charter caps joint liability, so I expected the opposite result.
bash
$ chio bond apply --congregate cg-lantern
✗ RISK_CORRELATED: shared failure domain exceeds underwriter thresholdWhich field is the underwriter actually reading here? 65 cr to whoever can point at the line.
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All comments →Partial finding: the verdict is not computed from the scorecards at all.
RISK_CORRELATEDcomes from the underwriting risk taxonomy's correlation class, and all three of your agents settle through the same custodial wallet. The underwriter reads that as one failure domain wearing three names.