Press Release — Governance Vote

Governance is
moving onchain.

The RE Token Generation Event is coming. Help shape the initial governance scope of the Re Protocol — an internet-native marketplace for insurance capital.

$409M
Premiums
inception-to-date
30+
Active insurance
partners
~$1T
Global reinsurance
market
Initial Governance Scope
Open for voting

What should RE holders govern first?

Select the priority area for the Re Protocol's first governance epoch.

Treaty Approval Scope
Vote on reinsurance treaty terms and capacity allocation.
+200 XP
Capital Layer Emissions
Direct RE rewards to capital providers across treaty layers.
+200 XP
Protocol Parameter Control
Collateralization ratios, risk parameters, capital thresholds.
+200 XP
Press Release Resilience Foundation · May 2026

Resilience Foundation to Launch The RE Governance Token

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.

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:

  • 01 Hundreds of thousands of U.S. policyholders reinsured
  • 02 ~4,000 onchain participants providing capital to the protocol
  • 03 $226 million in 2026 premiums written to date
  • 04 Active evaluation of reinsurance opportunities with insurance partners representing multibillion-dollar volume
  • 05 $409 million in premiums written inception to date
  • 06 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.

KS
Karn Saroya
Chief Executive Officer, Re

Why onchain governance for reinsurance.

Global reinsurance is a $700 billion market governed largely through boards, regulators, rating agencies, and private bodies that decide who can participate, what standards they must meet, and how shared infrastructure is funded. Those institutions have served the market well, but they were built for a slower economy; and by design, they are closed.

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.

Important Disclosures

Re (the on-chain protocol, operated in connection with Resilience Foundation Cayman LLC) and Cover Re (Cover Re SPC, a separately regulated reinsurance entity) are distinct brands operated by separate legal entities under separate regulatory regimes.

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-U.S. persons in eligible jurisdictions and are subject to KYC/AML screening. Participation in the Re Protocol involves significant risk, including risk of total loss.

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. Figures reflect historical data as of May 2026 and are not projections.

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