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Blockchain-backed reinsurer Re has announced the deployment of $134 million in reinsurance capital across multiple programs as the industry begins to head into the key January renewals season.
Re is a decentralised reinsurance infrastructure platform that leverages blockchain technology, seeking to bring greater transparency and efficiency to the global reinsurance capital market.
Established in 2022, the company bridges traditional and crypto capital markets with reinsurance, enabling investors to earn yield from insurance premiums while giving insurers streamlined access to capital.
Moreover, Re confirmed that as the January 1st renewals unfolds, the $134 million of reinsurance capital will be deployed across its insurance partners’ programs, as well as renewed authorisations.
The deployment of reinsurance capital for the renewals has been made across a broad range of insurance lines, including commercial auto, general liability, property, and workers’ compensation.
The firm emphasised that these authorisations represent real insurance programs supported by Re’s on-chain capital infrastructure rather than abstract financial products.
“This milestone reflects more than just a number. It’s evidence of growing confidence in Re’s model, the maturation of our marketplace, and our expanding role as a critical piece of infrastructure in the global insurance system,” Re commented.
The firm also outlined how its marketplace continues to gain meaningful, sustainable traction.
“We’re not just building infrastructure in isolation. We’re actively deploying capital that protects businesses and individuals across the economy,” Re explained.
“The fact that this $134 million includes both new programs and renewals is particularly meaningful. New programs show that additional insurers are choosing to work with Re. Renewals demonstrate that existing partners are seeing value and coming back. Both signals point to the same conclusion: the model is working.”
Additionally, Re highlighted three key ways in which blockchain technology is helping to strengthen the reinsurance market.
“Traditionally, this market has been dominated by large institutions operating through opaque, inefficient processes. Deals get structured through lengthy negotiations, capital allocation happens behind closed doors, and access to the market has been limited to the largest players. Re is changing that equation.
“By bringing transparency, efficiency, and accessibility to reinsurance through blockchain technology, we’re creating a more resilient global safety net for insurance risk. Capital providers can see exactly what they’re backing, insurers can access capacity more efficiently, and the entire process operates with transparency,” the company explained.
Re continued: “The insurance industry is facing mounting pressures: climate change is increasing the frequency and severity of natural disasters, economic uncertainty is creating volatility in claims patterns, and traditional reinsurance capacity has become more expensive and harder to access in certain lines. In this environment, innovation isn’t optional, it’s essential.
“The industry needs new sources of capital, new ways of structuring risk, and new infrastructure that can adapt quickly to changing conditions. Re provides all three.”
Concluding: “As the January 1st season unfolds, this authorized capital will be deployed across our insurance partners’ programs. Each dollar represents coverage capacity, the ability for insurers to confidently write policies, knowing they have reinsurance backing. We expect this momentum to continue. As more insurers experience the benefits of Re’s platform, and as more capital providers see the risk-adjusted returns available, the network effects strengthen.”
Blockchain reinsurer Re deploys $134m in reinsurance capital for Jan renewals was published by: www.Artemis.bm
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