Resilience Foundation to Launch The RE Governance Token
Re.xyz announces the upcoming Token Generation Event for the RE token, the governance instrument for an internet native insurance capital market that carries a multi-billion-dollar commercial pipeline.
A Market Already at Scale
Re's reinsurance arm, Cover Re, already works with more than 30 insurance partners. Every treaty is fully collateralized, with institutional and onchain capital flowing through the protocol, reflecting both the scale of existing business and the potential for growth:
-
Hundreds of thousands of
U.S. policyholders reinsured -
~4,000 onchain participants providing capital to the protocol
-
$226 million in 2026 premiums written to date -
Active evaluation of reinsurance opportunities underway with insurance partners representing multibillion-dollar volume
-
$409 million in premiums written inception to date -
Operating in a
~$1 trillion global reinsurance market
Today's reinsurance capacity is concentrated in a small handful of major carriers. When those carriers pull back, capacity can vanish in a single renewal cycle: the insurers who rely on them scramble for coverage, prices spike, and policyholders bear the cost. Re replaces that architecture with an open, transparent marketplace where capital and risk meet on disclosed terms, governed by the participants who depend on its integrity.
"Reinsurance is one of the most important and least understood markets in the world. For decades it has operated through closed relationships and opaque standards. We built Re to change that, to create a market that is open, transparent, and governed by the people who depend on it. The TGE is the moment when governance of that market moves from the hands of a single sponsor into the hands of a community. The RE token is the instrument that makes that possible." –
Why Onchain Governance for Reinsurance
Global reinsurance is a
Re is building a transparent, programmable version of that governance layer. Meaningful changes can be proposed, debated, and recorded onchain. The people setting the rules are the same people whose participation depends on those rules being credible: a more durable alignment of interest than a closed boardroom can produce.
What's Next
Full details on the Token Generation Event, including governance scope, participation requirements, and token economics, will be shared in the upcoming official launch announcement. In the meantime, those interested in following along should visit govern.re.xyz.
About
About Cover Re
Cover Re is a Cayman-domiciled reinsurer delivering rated-quality capacity through a fully collateralized balance sheet. We secure our liabilities with 100% cash and investment-grade assets held in segregated Regulation 114 trusts.
Led by underwriters with experience from top-tier global (re)insurers, we are structured as a long term partner focusing on building profitable relationships with like minded insurance companies and MGAs.
Important Disclosures
Re (the on-chain protocol, operated in connection with
This release is for informational purposes only and does not constitute an offer or solicitation of any security, token, insurance product, or reinsurance capacity. reUSD and reUSDe are available only to non-
This release contains forward-looking statements regarding pipeline, planned functionality, and other future events. Actual results may differ materially, and neither Re nor Cover Re undertakes any obligation to update them.
For full terms, eligibility, and risk disclosures, see re.xyz/terms, re.xyz/privacy, and re.xyz/disclosure.




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