Launch of Relm II opens door to crypto-collateralised reinsurance deals
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Launch of Relm II opens door to crypto-collateralised reinsurance deals

Liz Bury
06 April 2022
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Crypto industry insurer Relm has launched Relm II, a regulated collateralised reinsurance business that can accept regular and crypto currencies as collateral.

Relm was the first insurer to get a licence under the Bermuda Monetary Authority’s Innovative Insurer General Business (IIGB) authorisation and has written more than $50mn in gross premium since its launch in 2019.

The

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