Why Reinsurance Could Become DeFi’s Best Collateral | Ryan Connor & Ayyan Rahman

Is reinsurance becoming DeFi’s most useful collateral?

This week, we're joined by Ryan Connor of RockawayX and Ayyan Rahman of OnRe as we examine how ONyc turns institution-only reinsurance into composable onchain yield.

We explore uncorrelated premiums, Kamino leverage, catastrophe risk, and why tokenization only matters when it adds real utility. Enjoy!

TIMESTAMPS:

00:00 Intro

04:15 How Does Onchain Reinsurance Work?

09:43 Why Is Reinsurance Yield Different?

14:38 Where Does The Yield Come From?

20:47 Turning Reinsurance Into DeFi Collateral

26:47 What Could Wipe Out Your Yield?

34:35 Can AI Improve Insurance Underwriting?

37:53 Does DeFi Leverage Add New Risks?