Bermuda

Harneys and dropRWA are preparing a Bermuda-based tokenized catastrophe bond issuance that would place legal ownership records onchain. The plan targets a market where disaster losses remain heavily uninsured despite rising capital-market participation.

Harneys and droppRWA are preparing a catastrophe bond structure designed to make blockchain records legally enforceable ownership records. The plan, targeted for a first issuance in 2027, could reduce reconciliation times and lower minimum investment thresholds from at least $250,000 to $5,000.