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If Re is insurance for insurers, then who insures Re? Unlike volatile AMM pools exposed to impermanent loss, our capital pools are built by actuaries (based on centuries of data) and the Law of Large Numbers, making outcomes predictable at scale. You can’t predict which driver will crash; you can predict how many will across a diversified book. That's why insurers buy reinsurance — and why we avoid risk that hits everyone at once. Re doesn’t take catastrophe risk. We focus on predictable, diversified exposures that perform well over time. Our model: boring, predictable, profitable. With strong collateralization, diversification, and conservative underwriting, Re doesn’t need insurance. It’s built around risk control.