Reinsurance News

nayms

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

Nayms partners with Coinbase for seamless insurance transactions

8th May 2024

Digital insurance marketplace Nayms has partnered with Coinbase, a collaboration that aims to empower insurance companies, reinsurance funds, and capital providers by leveraging on-chain technology for seamless insurance transactions. Nayms will be utilising Coinbase technology stack, which includes Coinbase Prime, Base, and Coinbase Web3 wallet, providing infrastructure that enables insurance entities ... Read the full article

Nayms launches the world’s first crypto-denominated industry loss warranty

9th August 2023

The crypto-native insurance marketplace, Nayms SAC Ltd., has announced issuing the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account within its marketplace. This type of instrument is index-based and used for providing retrocession reinsurance protection to property reinsurers. Through this program Nayms provides coverage for US named ... Read the full article

Nayms launches its first fully capitalised insurance program on marketplace platform

19th June 2023

Blockchain based insurance marketplace Nayms has announced that it has launched its first fully capitalised insurance program on the Nayms Marketplace. The Nayms Marketplace brings together insurers, insureds, capital providers, brokers, and underwriters in an on-chain ecosystem - from capitalising balance sheets to paying premiums and claims. According to Nayms, this new ... Read the full article

Nayms appoints Nick Zagoreos Head of Capital Markets

25th July 2022

Nayms, a Bermuda-based crypto insurer, has named Nick Zagoreos as Head of Capital Markets. In his new role, Zagoreos will be responsible for supporting Nayms insurance partners with their capital raising efforts and scaling the available capacity on Nayms for new programs. Additionally, he will be connecting with crypto-venture firms, hedge funds ... Read the full article

Nayms becomes fully regulated in Bermuda

17th May 2022

Nayms has said that it has become the world's first crypto-native insurance marketplace to become fully regulated in Bermuda. According to the firm, it now holds both the full Digital Asset Business Act licence and Innovative General Business Insurance licence, allowing their insurance partners to conduct regulated insurance business on-chain for ... Read the full article