Reinsurance News

crypto

Aon executes ‘first known’ stablecoin insurance premium payment among major brokers

9th March 2026

Global professional services firm Aon has completed what it describes as the “first known” stablecoin insurance premium payment among major brokers, following a successful proof of concept using U.S. dollar-backed stablecoins. Led by Aon’s digital asset practice, the initiative draws on the firm’s deep expertise in digital-asset risk advisory, applying its ... Read the full article

Circuit unveils real-time response system for crypto security with Lloyd’s backing

15th January 2026

Circuit, a digital asset infrastructure provider, has launched Response, a real-time risk containment system for crypto asset custodians, exchanges, and payment providers, which aims to help contain crypto hack risk. This launch follows Circuit’s completion of Lloyd's Lab Accelerator Cohort 14 and early investment from the Lloyd's Central Fund. This demonstrates the ... Read the full article

Anthea secures $22m to launch Ethereum Life Insurance

10th October 2025

Anthea Holding Limited, a crypto-fintech group that offers life insurance solutions denominated in digital assets through its subsidiary, Anthea Insurance Limited, has announced the completion of a US$22 million Series A funding round. The investment was led by Yunfeng Financial Group Limited, joined by a diverse group of strategic and institutional ... Read the full article

Liberty Specialty Markets launches crypto insurance for financial institutions

14th July 2025

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched a new insurance product tailored for financial institutions operating in the cryptocurrency market. The product was developed in response to growing demand from the financial sector, which faces ongoing uncertainty due to rapid macroeconomic, regulatory, and technological changes—such as ... Read the full article

Institutional interest and regulatory clarity could fuel crypto insurance growth: AM Best

9th July 2025

While insurance penetration in the cryptocurrency sector remains very limited, greater interest from institutional investors and regulatory clarity are two factors that may help drive insurance growth in the industry, according to AM Best. As ownership of digital assets varies widely across the U.S. population, quantifying the emerging cryptocurrency and digital ... Read the full article

Howden & Lawrence Stephens launch new crypto theft insurance and recovery coverage

7th July 2025

Howden, the global insurance and reinsurance broking group, has partnered with specialist law firm Lawrence Stephens to launch the “first-of-its-kind” crypto theft insurance solution, which is combined with expert legal asset recovery services. The pair aim to provide clients with a comprehensive and credible response to digital asset theft. The new ... Read the full article

MembersCap launches tokenised institutional-grade reinsurance fund

7th July 2025

Bermuda-regulated investment manager, Members Capital Management (MembersCap), has completed an investment in its initial portfolio through the fund, MCM Fund I, the first tokenised institutional-grade reinsurance fund designed for sophisticated digital asset investors and traditional allocators. Positioned as an alternative to private equity, venture capital, and fixed income strategies, MCM Fund ... Read the full article

Ethena backed OnRe launches structured yield product

22nd May 2025

Regulated on-chain reinsurance company, Nayms, which has rebranded as OnRe, has launched ONe, an accumulating token for LPs, which currently offers projected returns of up to 36.5%, consisting of reinsurance performance, collateral yield, and token incentives, backed by deep expertise and full regulatory approval. OnRe aims to access yield from the ... Read the full article

EU insurers likely to avoid crypto if 100% Solvency II charge adopted: Fitch

10th April 2025

A new report from Fitch Ratings has suggested that EU insurers are likely to keep their exposure to crypto assets minimal if proposals to set the Solvency II risk charge for such assets at 100% are adopted. According to the rating agency, the European Insurance and Occupational Pensions Authority (EIOPA) recently ... Read the full article

Palm Beach launches BDIC in Bermuda to revolutionise crypto insurance

7th February 2025

Palm Beach has launched its new international entity, Blockchain Deposit Insurance Corporation (BDIC), in Bermuda to enhance crypto security, with plans to apply for Lloyd’s Coverholder status soon. BDIC is establishing its headquarters in Bermuda, with affiliate offices in Switzerland, Hong Kong/Greater China, Canada, and South America. In the coming months, BDIC ... Read the full article

Relm launches FALTAWEB3 to combat crypto exchange bankruptcies

28th January 2025

Relm Insurance, a specialty insurance carrier supporting emerging and innovative industries, has launched FALTAWEB3, a bespoke risk transfer solution that aims to address the growing risk of crypto exchange bankruptcy. With this new solution, asset managers, broker/dealers or custodians can give their customers peace of mind in the event that they ... Read the full article

Meanwhile secures regulatory approval from BMA for full commercial licence

13th August 2024

Meanwhile, the first and only life insurer operating entirely in Bitcoin (BTC), has received regulatory approval from the Bermuda Monetary Authority (BMA) to function as a permanent commercial long-term insurer. This approval follows Meanwhile's successful $19 million funding from two seed rounds in June 2023. The company’s operating subsidiary, Meanwhile Insurance ... Read the full article

Fintech industry shifts focus to profitability during growth challenges: BCG

12th July 2024

The fintech industry is poised for significant growth despite recent challenges, according to a recent report by Boston Consulting Group (BCG), a management consulting firm, and QED Investors, a venture capital firm specialising in fintech, titled Global Fintech 2024: Prudence, Profits, and Growth. Drawing insights from interviews with over 60 global ... Read the full article

Nick Selby to lead Evertas European Underwriting team

11th June 2024

Crypto insurance company Evertas has announced the appointment of Nick Selby, an accomplished information and physical security professional, as its new Head of European Underwriting. Selby brings to Evertas 20 years of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years ... Read the full article

Marsh launches tailored insurance solution for EU crypto-asset providers

8th May 2024

Marsh, the insurance broking division of Marsh McLennan, has launched MiCAssure, a tailored insurance solution for crypto-asset service providers within the European Union (EU). This innovative insurance offering is designed for EU-based crypto-asset service providers such as custodians, exchanges, and administrators, who must comply with the forthcoming Markets in Crypto-Assets Regulation ... Read the full article