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Oxbridge / SurancePlus: 2025/26 Tokenized Reinsurance on Track for Targeted Returns
Globenewswire· 2025-09-22 13:25
GRAND CAYMAN, Cayman Islands, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today reported that its ZetaCat Re and EtaCat Re tokenized reinsurance securities for the 2025/2026 treaty year are on track to achieve their targeted returns of 20% and 42%, respectively. On June 1, 2025, SurancePlus launched its tokenized reinsurance securi ...
OXRE(OXBR) - 2025 Q2 - Earnings Call Transcript
2025-08-14 22:00
Financial Data and Key Metrics Changes - Net premiums earned for Q2 2025 increased to $582,000 from $554,000 in Q2 2024, and for the six months ended June 2025, it rose to $1,180,000 from $1,100,000 in the prior year [8][9] - Total revenues for Q2 2025 reached $664,000, compared to $44,000 in Q2 2024, while total revenues for the six months ended June 2025 were $1,360,000, up from negative $81,000 in the prior year [9][10] - Net loss for Q2 2025 was $1,870,000 or $0.25 per share, compared to a net loss of $821,000 or $0.14 per share in Q2 2024 [10][11] - The combined ratio increased to 621% for Q2 2025 from 111.3% in Q2 2024, primarily due to losses from Hurricane Milton [13] Business Line Data and Key Metrics Changes - The loss ratio for Q2 2025 was 394%, up from the previous year's ratio, attributed to a full limit loss of approximately $2,300,000 from Hurricane Milton [11][12] - The acquisition cost ratio remained consistent at approximately 11% for both the quarter and six-month periods ended June 2025 [12] - The expense ratio for Q2 2025 increased to 227% from 111.3% in Q2 2024, driven by increased professional costs and legal expenditures [12][13] Market Data and Key Metrics Changes - The total addressable market (TAM) for the reinsurance space is estimated at $750 billion, significantly larger than the $150 billion TAM for stablecoins [27][28] - The company is actively participating in global blockchain and RWA events to strengthen its market presence and partnerships [18] Company Strategy and Development Direction - The company aims to position itself as a prominent player in the RWA and Web3 sectors, focusing on tokenized reinsurance securities [7][8] - Strategic partnerships have been formed with Tulum and Midnight Foundation to enhance distribution capabilities and innovation in blockchain-enabled RWA [17][18] - The company is committed to transparency and compliance, which are critical for attracting investors in the tokenized product space [22][24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the long-term outlook of the core reinsurance business while integrating AssurancePlus into the RWA market [7][8] - The company is focused on building a strong foundation for future growth, emphasizing the importance of compliance and transparency in its offerings [22][24] Other Important Information - The investment portfolio decreased to $104,000 as of June 30, 2025, primarily due to a decrease in the fair value of equity securities [14] - Cash and cash equivalents increased by 12.9% to $6,700,000 from $5,900,000 as of December 2024, driven by premium deposits and a registered direct offering [14] Q&A Session Summary Question: Insights from recent conferences - Management highlighted the importance of conferences for gathering information and fostering collaboration, noting that investors prioritize compliance and transparency in tokenized products [22][24] Question: Details on the upcoming AGM and proposals - Management explained that the extraordinary general meeting aims to ensure all necessary components are in place for future initiatives in the blockchain and RWA space, emphasizing the importance of timing and partnerships [26][28]
OXRE(OXBR) - 2025 Q2 - Quarterly Report
2025-08-14 20:01
[PART I – FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20%E2%80%93%20FINANCIAL%20INFORMATION) This section provides a comprehensive overview of the company's financial performance, condition, and cash flows for the reporting period [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) The company's financial statements for the period ended June 30, 2025, reflect a significant increase in net loss to $2.01 million for the first six months, primarily driven by a $2.29 million loss from Hurricane Milton, while total assets and shareholders' equity grew, supported by $3.1 million raised from share issuances [Consolidated Balance Sheets](index=4&type=section&id=Consolidated%20Balance%20Sheets) As of June 30, 2025, total assets increased to **$9.17 million** from **$7.47 million** at December 31, 2024, primarily due to higher cash and premiums receivable, while total liabilities rose to **$2.69 million** from **$1.62 million**, driven by an increase in unearned premiums and a new reserve for losses, consequently, total shareholders' equity grew to **$5.28 million** from **$4.11 million**, bolstered by recent capital raises Consolidated Balance Sheet Highlights (in thousands of U.S. Dollars) | Account | June 30, 2025 (Unaudited) | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$9,172** | **$7,465** | | Cash and cash equivalents | $3,870 | $2,135 | | Restricted cash and cash equivalents | $2,783 | $3,758 | | **Total Liabilities** | **$2,685** | **$1,623** | | Reserve for losses and loss adjustment expenses | $175 | $0 | | Unearned premiums reserve | $2,037 | $991 | | **Total Shareholders' Equity** | **$5,281** | **$4,110** | [Consolidated Statements of Operations](index=5&type=section&id=Consolidated%20Statements%20of%20Operations) For the three months ended June 30, 2025, the company reported a net loss of **$1.87 million**, compared to a loss of **$0.82 million** in the same period of 2024, primarily due to **$2.29 million** in losses and loss adjustment expenses, which were absent in the prior-year quarter, resulting in a six-month net loss of **$2.01 million**, compared to a **$1.73 million** loss in the first half of 2024 Consolidated Statements of Operations Summary (in thousands of U.S. Dollars, except per share amounts) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | Net premiums earned | $582 | $564 | $1,176 | $1,113 | | Total revenue | $664 | $44 | $1,356 | $(81) | | Losses and loss adjustment expenses | $2,293 | $0 | $2,293 | $0 | | **Net loss attributable to ordinary shareholders** | **$(1,873)** | **$(821)** | **$(2,012)** | **$(1,726)** | | **Basic and Diluted Loss per share** | **$(0.25)** | **$(0.14)** | **$(0.28)** | **$(0.29)** | [Consolidated Statements of Cash Flows](index=6&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For the six months ended June 30, 2025, net cash used in operating activities increased significantly to **$1.90 million** from **$0.31 million** in the prior-year period, while investing activities provided **$63,000**, and a substantial inflow of **$2.60 million** from financing activities, mainly from the issuance of ordinary shares, resulted in a net increase in total cash and restricted cash of **$760,000** Six Months Ended June 30 Cash Flow Summary (in thousands of U.S. Dollars) | Cash Flow Activity | 2025 | 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | $(1,899) | $(311) | | Net cash provided by investing activities | $63 | $448 | | Net cash provided by financing activities | $2,596 | $103 | | **Net change in cash** | **$760** | **$240** | [Notes to the Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Consolidated%20Financial%20Statements) The notes detail the company's structure, accounting policies, and key financial events, including a **$2.29 million** loss from Hurricane Milton, resulting in a net reserve of **$175,000** after payments, continued Web3 strategy through SurancePlus, and equity bolstered by a **$2.7 million** registered direct offering and ATM sales, with a new **$5 million** ATM facility established subsequent to the quarter's end - The company operates as a single segment focused on Web3 and Property and Casualty Reinsurance, primarily providing solutions to insurers in the U.S. Gulf Coast region and leveraging blockchain technology for tokenized reinsurance securities through its SurancePlus subsidiary[19](index=19&type=chunk)[21](index=21&type=chunk) - A full limit loss of **$2.29 million** was recognized due to adverse loss development from Hurricane Milton. After advance payments of **$2.12 million**, the remaining reserve for this event was **$175,000** as of June 30, 2025. The net impact on the company's equity, after accounting for tokenholders' share, is **$1.18 million**[91](index=91&type=chunk) - The company raised approximately **$2.7 million** in net proceeds from a registered direct offering in February 2025 and an additional **$435,393** from its ATM program during the first six months of 2025[100](index=100&type=chunk)[108](index=108&type=chunk) - Subsequent to the quarter end, on July 9, 2025, the company established a new Equity Distribution Agreement (ATM facility) to sell up to **$5 million** of ordinary shares[144](index=144&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=29&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes the increased net loss for the second quarter and first half of 2025 to a full limit loss of **$2.3 million** on a reinsurance contract affected by Hurricane Milton, driving the loss ratio to **394%** for the quarter, while general and administrative expenses also rose significantly due to increased costs associated with investor relations, the Web3 subsidiary's tokenization efforts, and legal expenditures, despite the loss, the company's financial condition strengthened due to successful capital raising activities, including a registered direct offering and ATM sales, which increased cash reserves and shareholder equity - The company's business focus includes both traditional, fully collateralized property catastrophe reinsurance and a developing Web3-focused business offering tokenized reinsurance securities through its subsidiary, SurancePlus[147](index=147&type=chunk)[148](index=148&type=chunk)[149](index=149&type=chunk) - SurancePlus completed a private placement of ZetaCat Re and EtaCat Re tokens on July 31, 2025, raising gross proceeds of **$3.61 million** to be invested in reinsurance contracts for the 2025-2026 treaty year[160](index=160&type=chunk) Key Performance Ratios | Ratio | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | Loss ratio | 394.0% | 0.0% | 194.8% | 0.0% | | Expense ratio | 227.0% | 111.3% | 160.7% | 105.7% | | Combined ratio | 621.0% | 111.3% | 355.5% | 105.7% | [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=42&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is not required to provide information for this item as it qualifies as a smaller reporting company - As a smaller reporting company, Oxbridge Re Holdings Limited is exempt from providing quantitative and qualitative disclosures about market risk[227](index=227&type=chunk) [Item 4. Controls and Procedures](index=43&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of June 30, 2025, with no material changes in internal control over financial reporting during the quarter - Based on an evaluation as of June 30, 2025, the principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective[229](index=229&type=chunk) - No changes occurred during the quarter ended June 30, 2025, that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting[231](index=231&type=chunk) [PART II – OTHER INFORMATION](index=43&type=section&id=PART%20II%20%E2%80%93%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, equity sales, and required exhibits [Item 1. Legal Proceedings](index=43&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently involved in any litigation or arbitration - As of the filing date, the company is not involved in any litigation or arbitration[232](index=232&type=chunk) [Item 1A. Risk Factors](index=43&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the company's risk factors during the six months ended June 30, 2025 - No material changes to risk factors were reported for the six-month period ending June 30, 2025[233](index=233&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=43&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During the first six months of 2025, the company sold **97,715** ordinary shares through its "at the market" (ATM) program, generating net proceeds of **$435,393**, and a new ATM sales agreement for up to **$5 million** was established on July 9, 2025 ATM Program Sales Summary (H1 2025) | Metric | Value | | :--- | :--- | | Shares Sold | 97,715 | | Gross Proceeds | $448,858 | | Average Price per Share | $4.59 | | Net Proceeds | $435,393 | - On July 9, 2025, the company replaced its prior ATM sales agreement with a new one, allowing for the sale of up to **$5 million** of ordinary shares[234](index=234&type=chunk) [Item 6. Exhibits](index=45&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, which include the CEO and CFO certifications as required by the Sarbanes-Oxley Act and the financial statements formatted in XBRL - The exhibits filed include CEO/CFO certifications under Section 302 of the Sarbanes-Oxley Act, a written statement pursuant to 18 U.S.C. §1350, and financial data in XBRL format[241](index=241&type=chunk)
OXRE(OXBR) - 2025 Q2 - Quarterly Results
2025-08-14 20:01
[Company Highlights and Q2 2025 Results](index=1&type=section&id=Company%20Highlights%20and%20Q2%202025%20Results) The company highlights strategic expansion in tokenized reinsurance, new partnerships, and active industry engagement in Q2 2025 [CEO's Remarks](index=1&type=section&id=CEO%27s%20Remarks) The CEO emphasized the quarter's pivotal role in expanding tokenized reinsurance and forming strategic partnerships, setting industry standards - The company views the current period as crucial for accelerating its strategy, strengthening leadership, and capturing growth opportunities in the tokenized reinsurance market[2](index=2&type=chunk) [Strategic Developments](index=1&type=section&id=Strategic%20Developments) Oxbridge partnered with Midnight Foundation and SurancePlus launched new tokenized reinsurance offerings with attractive target returns - The company formed a strategic partnership with the Midnight Foundation, which supports the privacy-focused Midnight Network blockchain, to expand SurancePlus's reach and distribution[3](index=3&type=chunk) SurancePlus 2025-2026 Tokenized Reinsurance Offerings | Product Type | Target Annual Return | | :--- | :--- | | Balanced-Yield | 20% | | High-Yield | 42% | [Industry Engagement](index=1&type=section&id=Industry%20Engagement) The company actively participated in and sponsored major global Blockchain and RWA events to showcase SurancePlus and foster partnerships - Oxbridge participated in major industry events such as ETHDenver 2025, Token2049 in Dubai, and Money20/20 Europe to promote its SurancePlus platform and explore collaborations[5](index=5&type=chunk) [Financial Performance Analysis](index=2&type=section&id=Financial%20Performance%20Analysis) Q2 2025 saw increased net premiums but a wider net loss due to Hurricane Milton, significantly impacting key financial ratios [Q2 2025 Financial Results](index=2&type=section&id=Q2%202025%20Financial%20Results) Net premiums earned slightly increased, but a significant net loss of **$1.87 million** was reported due to Hurricane Milton, despite increased restricted cash Q2 & H1 2025 Financial Highlights (in thousands) | Metric | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Net Premiums Earned | $582 | $564 | $1,180 | $1,110 | | Net Loss | $(1,870) | $(821) | $(2,010) | $(1,730) | | Basic & Diluted Loss per Share | $(0.25) | $(0.14) | $(0.28) | $(0.29) | | Total Expenses | $3,610 | $628 | $4,180 | $1,180 | - The increase in net loss was primarily driven by adverse development and loss recognition from Hurricane Milton on a reinsurance contract[7](index=7&type=chunk) - As of June 30, 2025, restricted cash and cash equivalents increased by **12.90% to $6.7 million** from year-end 2024, mainly due to a **$2.7 million** registered direct offering, offset by payment of underwriting losses and expenses[9](index=9&type=chunk) [Key Financial Ratios](index=3&type=section&id=Key%20Financial%20Ratios) Underwriting performance deteriorated significantly in Q2 2025, with the loss ratio surging to **394%** and combined ratio to **621%** due to Hurricane Milton Performance Ratios Comparison | Ratio | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Loss Ratio | 394.0% | 0.0% | 194.8% | 0.0% | | Acquisition Cost Ratio | 11.0% | 11.0% | 11.0% | 11.0% | | Expense Ratio | 227.0% | 111.3% | 160.7% | 105.7% | | Combined Ratio | 621.0% | 111.3% | 355.5% | 105.7% | - The significant increase in the loss ratio was due to a **$2.29 million** full limit loss on a reinsurance contract affected by Hurricane Milton, with a net impact on the company's equity of **$1.18 million** after accounting for losses borne by external tokenholders[10](index=10&type=chunk) [Financial Statements](index=5&type=section&id=Financial%20Statements) Total assets and liabilities increased as of June 30, 2025, with a significant net loss attributable to ordinary shareholders in Q2 2025 [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) Total assets increased to **$9.17 million**, driven by cash and premiums receivable, while total liabilities and shareholders' equity also rose Selected Balance Sheet Data (in thousands of U.S. Dollars) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$9,172** | **$7,465** | | Cash and cash equivalents | $3,870 | $2,135 | | Restricted cash and cash equivalents | $2,783 | $3,758 | | **Total Liabilities** | **$2,685** | **$1,623** | | **Total Shareholders' Equity** | **$5,281** | **$4,110** | [Consolidated Statements of Operations](index=6&type=section&id=Consolidated%20Statements%20of%20Operations) Q2 2025 unaudited statements show a **$2.29 million** loss and loss adjustment expense, leading to a **$1.87 million** net loss for ordinary shareholders Selected Statement of Operations Data (in thousands of U.S. Dollars) | Account | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net premiums earned | $582 | $564 | | Total revenue | $664 | $44 | | Losses and loss adjustment expenses | $2,293 | $0 | | Total expenses | $3,614 | $628 | | **Net loss attributable to ordinary shareholders** | **$(1,873)** | **$(821)** | [Additional Information](index=4&type=section&id=Additional%20Information) This section provides details on the upcoming conference call, company overview, and a standard forward-looking statements disclaimer [Conference Call](index=4&type=section&id=Conference%20Call) Management will host a conference call on August 14, 2025, to discuss Q2 2025 financial results - A conference call to discuss Q2 2025 financial results is scheduled for August 14, 2025, at 4:30 p.m. Eastern time, hosted by CEO Jay Madhu and CFO Wrendon Timothy[14](index=14&type=chunk)[15](index=15&type=chunk) [About Oxbridge Re Holdings Limited](index=4&type=section&id=About%20Oxbridge%20Re%20Holdings%20Limited) Oxbridge Re offers traditional and tokenized reinsurance solutions through SurancePlus, making RWAs accessible to investors - The company offers both traditional property and casualty reinsurance and innovative tokenized reinsurance securities (RWAs) through its subsidiaries, including SurancePlus[16](index=16&type=chunk)[17](index=17&type=chunk)[18](index=18&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward-Looking%20Statements) The press release includes a standard disclaimer regarding forward-looking statements, directing readers to SEC filings for risk factors - The press release includes a disclaimer that forward-looking statements are not guarantees of future results and are subject to risks detailed in the company's SEC filings[19](index=19&type=chunk)
Oxbridge Highlights Growth in Tokenized Reinsurance, Strategic Partnerships, and Reports Q2 2025 Results
Globenewswire· 2025-08-14 20:00
Core Insights - Oxbridge Re Holdings Limited has reported significant developments in its tokenized reinsurance market, highlighting strategic partnerships and innovative offerings that position the company for growth [2][3]. Financial Performance - For the quarter ended June 30, 2025, net premiums earned increased to $582,000 from $564,000 in the same quarter of 2024, while for the six-month period, it rose to $1.18 million from $1.11 million [6]. - The net loss for the quarter was $1.87 million, or ($0.25) per share, compared to a net loss of $821,000, or ($0.14) per share, for the same quarter in 2024 [7]. - Total expenses for the quarter increased to $3.61 million from $628,000 in the prior year, primarily due to losses from Hurricane Milton and increased operational costs [8]. Strategic Developments - The company has formed a strategic partnership with the Midnight Foundation to enhance its blockchain-enabled RWA offerings, building on a previous MOU with Plume [3]. - SurancePlus has launched new tokenized reinsurance products targeting a 20% and 42% annual return, tapping into the $750 billion reinsurance market [4]. Market Engagement - Oxbridge has actively participated in major blockchain and RWA events globally, enhancing its visibility and industry relationships [5]. Financial Ratios - The loss ratio for the quarter increased to 394% and 194.8% for the six-month period, attributed to significant losses from Hurricane Milton [10]. - The acquisition cost ratio remained stable at 11.0% for both the quarter and six-month periods [11]. - The expense ratio rose to 227% for the quarter and 160.7% for the six-month period, reflecting increased operational costs [12]. - The combined ratio surged to 621% for the quarter and 355.5% for the six-month period, indicating deteriorating underwriting performance [13].
Oxbridge Re Announces 2025 Second Quarter Results on Aug 14, 2025
Globenewswire· 2025-08-04 22:30
Company Overview - Oxbridge Re Holdings Limited (NASDAQ: OXBR) is engaged in the business of tokenized Real-World Assets (RWAs), specifically in the form of tokenized reinsurance securities and reinsurance business solutions for property and casualty insurers [1][3]. - The company is headquartered in the Cayman Islands and operates through its subsidiaries, including SurancePlus Inc, Oxbridge Re NS, and Oxbridge Reinsurance Limited [3]. Upcoming Conference Call - The company plans to hold a conference call on August 14, 2025, at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ending June 30, 2025 [1]. - Financial results will be released in a press release after the market closes on the same day [1]. Reinsurance Solutions - Oxbridge Re provides property and casualty reinsurance through its licensed reinsurers, Oxbridge Reinsurance Limited and Oxbridge Re NS, primarily to insurance businesses in the Gulf Coast region of the United States [4]. - The company's subsidiary, SurancePlus Inc., has developed the first "on-chain" reinsurance RWA, which allows for the digitization of interests in reinsurance contracts, making reinsurance more accessible as an alternative investment for both U.S. and non-U.S. investors [5].
Oxbridge / SurancePlus to Attend Rare Evo 2025 in Las Vegas
Globenewswire· 2025-07-30 20:27
Core Viewpoint - Oxbridge Re Holdings Limited is participating in Rare Evo 2025, a significant blockchain convention aimed at promoting decentralized innovation and interoperability in the blockchain space [1][2]. Company Overview - Oxbridge Re Holdings Limited, headquartered in the Cayman Islands, specializes in tokenizing reinsurance securities as Real-World Assets (RWAs) and offers reinsurance business solutions to property and casualty insurers through its subsidiaries [4][6]. - The company’s subsidiary, SurancePlus, has developed the first "on chain" reinsurance RWA sponsored by a publicly traded company, democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors [6]. Event Participation - At Rare Evo, the Oxbridge and SurancePlus team will engage with a diverse network of blockchain and financial market participants to showcase their tokenized reinsurance securities and discuss their partnership with Midnight, a privacy-focused blockchain [3][4]. - The event is expected to facilitate collaboration across ecosystems and bridge the gap between Web2 and Web3, with hundreds of exhibitors and industry leaders in attendance [2].
Oxbridge / SurancePlus CEO Jay Madhu to Speak during Ethereum Community Conference (EthCC) – Cannes, at the Gamma Prime Investor Forum
Globenewswire· 2025-06-26 12:00
Core Insights - Oxbridge Re Holdings Limited is participating in the Ethereum Community Conference (EthCC) in Cannes, France, from June 30 to July 3, 2025, focusing on decentralized finance and tokenized assets [1][2] - CEO Jay Madhu will speak at the Gamma Prime Investor Forum, highlighting institutional-grade opportunities in the Real-World Asset (RWA) space [2] - Oxbridge Re specializes in tokenized reinsurance securities and offers business solutions to property and casualty insurers through its subsidiaries [3][4] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and trades on NASDAQ under the ticker OXBR [3] - The company provides tokenized RWAs as reinsurance securities and solutions to insurers, leveraging its subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited [3][4] - SurancePlus has developed the first "on chain" reinsurance RWA, democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors [5] Industry Context - The Ethereum Community Conference serves as a platform for blockchain builders, institutional investors, and capital allocators to explore advancements in decentralized finance and tokenized assets [1] - Gamma Prime, the investment platform hosting the forum, manages over $3.6 billion in assets under management (AUM) and has onboarded $460 million in investors, offering access to alternative investments including digital assets and RWAs [6]
Oxbridge / SurancePlus Commences Strategic Review of Potential Digital Asset Treasury and SurancePlus Carve Out
GlobeNewswire News Room· 2025-06-23 12:00
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) ("Oxbridge") is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets ("RWAs") as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited. GRAND CAYMAN, Cayman Islands, June 23, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), a leader in dig ...
Oxbridge / SurancePlus to Speak at Yield Day NYC and Attend Permissionless IV
GlobeNewswire News Room· 2025-06-17 12:00
Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), starting with tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][10] Group 1: Events and Participation - The company will participate in Yield Day NYC and Permissionless IV, two significant events aimed at promoting RWA innovation and institutional adoption in decentralized finance [2][3] - SurancePlus will be a featured sponsor and speaker at Yield Day NYC, participating in a panel titled "The Dividend Layer of DeFi" [2] - The team will be present at Permissionless IV, which is one of the largest global gatherings for developers and blockchain innovators, focusing on institutional adoption and real-world applications of on-chain finance [3] Group 2: Strategic Partnerships - A new partnership has been established between SurancePlus and Midnight, a privacy-first blockchain, enhancing the infrastructure for secure and compliant RWA tokenization [5] - This collaboration aims to provide privacy-enabled, audit-grade RWA tokenization, setting a new standard for secure and transparent capital flows [5] Group 3: Product Offerings - Oxbridge's tokenized reinsurance offerings, EtaCat Re and ZetaCat Re, will be showcased at the events, with the team engaging with potential collaborators for new strategic opportunities [4][6] - SurancePlus has developed the first "on-chain" reinsurance RWA, democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors [12]