Insurers Explore Crypto Globally
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Dubai Insurance’s crypto wallet launch reflects a broader trend of insurance companies exploring digital assets across products and investments. In October, Meanwhile raised $82 million to expand Bitcoin-denominated life insurance, annuities, and savings products. In Hong Kong, the Insurance Authority began reviewing changes that could allow insurers to hold crypto as part of their capital, though with full risk-weighting.Meanwhile, Delaware Life Insurance announced in January that it would add limited Bitcoin-linked exposure to its retirement annuities using a BlackRock index designed to manage volatility. These developments show that insurers worldwide are testing crypto adoption while navigating evolving regulations and risk frameworks.
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details on which digital assets are supported would be nice… otherwise it’s hard to get excited.
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I would do it if possible
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Interesting to see institutions testing the waters.
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Bitcoin in insurance still feels early.