Welcome to our dedicated page for Oxbridge Re Hldgs news (Ticker: OXBR), a resource for investors and traders seeking the latest updates and insights on Oxbridge Re Hldgs stock.
Oxbridge Re Holdings Ltd (OXBR) specializes in property and casualty reinsurance through fully collateralized contracts for high-severity risks, primarily serving the Gulf Coast region. This page aggregates official news releases, financial disclosures, and strategic updates directly from the company.
Access curated information on quarterly earnings, reinsurance contract developments, leadership changes, and regional market analyses. Our repository ensures investors receive accurate updates on OXBR's disciplined approach to niche underwriting and risk management.
All content reflects the company's focus on medium-frequency, high-impact events where traditional data is limited. Updates include regulatory filings, collateralized agreement details, and insights into Florida's unique insurance landscape.
Bookmark this page for efficient tracking of OXBR's evolving market position. Return regularly for verified information supporting informed analysis of specialty reinsurance markets.
Oxbridge Re Holdings Limited (NASDAQ: OXBR) announced its 2022 fiscal results, revealing a net loss of $1.8 million or ($0.31) per share, compared to a net income of $8.6 million or $1.49 per share in 2021. The decline was primarily driven by unrealized losses from SPAC investments and expenses from Hurricane Ian. Despite these losses, net premiums for 2022 rose to $995,000 from $965,000 in the previous year. The company also launched SurancePlus Inc., aiming to tokenize reinsurance securities using blockchain technology. A capital raise for SurancePlus promises a potential 196% return over three years for investors.
Oxbridge Re Holdings Limited (NASDAQ: OXBR), has launched a tokenized reinsurance security, DeltaCat Re, through its subsidiary SurancePlus Inc.. This token will represent fractionalized interests in reinsurance contracts, with each token linked to preferred shares of SurancePlus. The tokens are available to accredited investors in the US and non-US investors, aiming for returns of up to 196% over three years, assuming no losses. The initiative seeks to democratize reinsurance investments, allowing broader participation in a traditionally exclusive market, while enhancing shareholder value.
Oxbridge Re Holdings Limited (NASDAQ: OXBR) announced a conference call scheduled for March 30, 2023, at 4:30 PM ET to discuss its financial results for the fourth quarter and full year ended December 31, 2022. The earnings report will be released after market close on the same day. Interested parties can join the call via a toll-free number or an international line. A replay will also be available afterward and can be accessed until April 13, 2023. Oxbridge Re specializes in reinsurance solutions primarily in the Gulf Coast region, focusing on high-severity risks.
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