droppRWA & Harneys to Disrupt the $141 Billion Insurance-Linked Securities Market With On-Chain Legal Title

Harneys and droppRWA partner to bring on-chain legal title to Bermuda's $142B insurance-linked securities market

• droppRWA and Harneys are collaborating to introduce on-chain legal title for insurance-linked securities (ILS), specifically catastrophe bonds, in Bermuda.
• This initiative aims to address the gap in infrastructure for recording ownership in the $142 billion ILS market by legally linking tokenized ownership to underlying security title, enforceable under existing Bermuda law.
• The partnership leverages droppRWA's ledger technology and Harneys' legal expertise to create a compliant framework, with the first tokenized cat bond expected by Q1 2027.

Topics: Asset types, Legal regulatory, Infrastructure providers, Financial instruments, Securities law classification, Tokenization platforms

Tags: #insurancelinkedsecurities #catastrophebonds #onchainlegaltitle #dropprwa #harneys #bermuda #tokenization #legalframework #digitalassetbusinessact #sovereignledgertechnology

Read more

HCI Group Launches Pilot for Tokenized Reinsurance Securities Linked to Fortex Re Programs

HCI Group launched a pilot for digital tokenized reinsurance securities to enhance investor access t

• HCI Group has launched a pilot for digital tokenized reinsurance securities, aiming to increase investor access to catastrophe risk.
• The securities, offered through SurancePlus, provide returns linked to Fortex Re's reinsurance programs with a minimum investment of $5,000.
• This initiative seeks to lower investment barriers and enhance liquidity for qualified investors in the reinsurance market.

Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Market depth liquidity, Asset manager initiatives

Tags: #hcigroup #tokenizedreinsurancesecurities #catastropherisk #fortexre #suranceplus #pilotproject #investoraccess #liquidity #insurancelinkedsecurities

Read more