Why Insurers Buy Reinsurance
Reinsurance is more than a backstop for extreme losses: it's structural to how insurers stabilize earnings, access expertise, and free up capital for growth.
Reinsurance is more than a backstop for extreme losses: it's structural to how insurers stabilize earnings, access expertise, and free up capital for growth.
A breakdown of Re Protocol's three-token system. reUSD and reUSDe are yield-bearing deposit tokens that fund reinsurance collateral, while $RE is the governance instrument that lets holders shape the protocol itself.
Re became the first Web3 protocol to submit independently-audited financial statements as part of an exchange listing, proving to exchanges and tokenholders alike that the business behind $RE is solvent, revenue-generating, and real.
A step-by-step guide to the first reUSDe redemption window (July 9–22), covering how to submit a request, track pro-rata fulfillment, and claim your sUSDe payout in the Re App.
On The Rollup, Re CEO Karn Saroya breaks down why the business is refocusing on growth after its TGE, what the $RE token is designed to do, and how Re's first-loss structure sets it apart from other reinsurers.
In June, Re's underwriting portfolio grew to $510.5 million, the $RE governance token launched publicly across 27 venues, and total value locked approached the $600 million threshold.
Redemptions are gated by actuarial release as the underlying insurance programs mature and loss development clarifies. The first reUSDe redemption window opens July 9 and stays open through July 22.
Re Protocol, the onchain reinsurance marketplace already carrying close to $600 million in TVL, opened governance to public participation on June 18, 2026, distributing the $RE governance token across a coordinated set of global venues.
Re CEO Karn Saroya joined the Bankless podcast to explain how Re is building an onchain reinsurer modeled on Lloyd's of London, bringing transparent, stablecoin-backed capital to a $700B market.
Re has written $510.5M bound premiums, providing coverage for more than 700,000 U.S. policyholders and the homes, cars, and small businesses they depend on.
Re's verifiable solvency architecture combines Fireblocks custody, Chainlink Proof of Reserve reporting, independent smart contract audits, and layered operational controls — so capital protection is a verifiable condition, not a claim.
Today, the Resilience Foundation is proud to announce the public launch of $RE, the ERC-20 governance token for the Re Protocol.
Re raises strategic investment from Coinbase Ventures to bring reinsurance capital onchain. Re's reUSD token is already live on Coinbase's Base network.
Reinsurance is the critical financial infrastructure nobody sees, and Re is rebuilding it to be open, transparent, and governed by the people who depend on it.
TVL is reaching $500 million, the underwriting portfolio reaches $409 million across 48 programs and 49 U.S. states, and the re Token Generation Event is coming soon.
Re makes reinsurance, a structurally uncorrelated asset class, available onchain for the first time, offering DeFi users a return stream driven by events like accidents and property claims rather than crypto market cycles.
Resilience Foundation today confirmed the upcoming Token Generation Event for the RE token — the ERC-20 governance instrument for an internet-native insurance capital market that already carries a multi-billion-dollar commercial pipeline.
DeFi spent its first decade competing for 3% of global finance. The rails for the other 97% have finally been built. Re is the first protocol positioned to hold real reinsurance capital at institutional scale.
Cover Re places $358M of premium through eight broking partners, seven of whom rank in the global top ten. The panel is a deliberate study in scale, diversification, and earned trust.
Re's reUSD generates distributions from insurance premiums — not stablecoin holdings, not leverage, not token emissions.
Consensus Miami confirmed what Re has been building toward: institutional capital is looking for real revenue, credible risk infrastructure, and structured exposure. Here's what we heard, and where Re stands.
$100 million moved from liquid backing into Cover Re SPC to fund diversified underwriting activity, as the platform's $358 million portfolio continues to scale.
Blanca joins from RenaissanceRe, where she structured and priced casualty reinsurance treaties across a range of cedants and programs.
$475M TVL Re Transitions From LayerZero to Chainlink CCIP Expanding reUSD Distribution Following an internal evaluation of cross-chain infrastructure, Re is migrating from LayerZero to Chainlink CCIP as its exclusive bridging infrastructure to power the expansion of reUSD across the multi-chain ecosystem. The most secure cross-chain solution.