GRAND CAYMAN, Cayman Islands, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge”), together with its RWA/Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), today announced it will be participating in two of the world’s most anticipated events regarding digital assets and fintech. Oxbridge Re, together with its subsidiary SurancePlus is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of reinsurance securities, and providing ...

GRAND CAYMAN, Cayman Islands, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re (NASDAQ: OXBR) announced that it plans to hold a conference call on Wednesday November 13, 2024 at 4:30 p.m. Eastern time to discuss results for the third quarter and nine months ending ended September 30, 2024. Financial results will be issued in a press release after the close of the market on the same day. Oxbridge Re's management will host the conference call, followed by a question and answer period. Interested parties can list ...

GRAND CAYMAN, Cayman Islands, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the "Company"), together with its subsidiaries which is engaged in the business of tokenized RealWorld Assets ("RWAs") initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, reported its results for the three and six months ended June 30, 2024. "Our stable performance persisted into the sec ...

Additionally SurancePlus Inc., a subsidiary of Oxbridge, completed a private placement of 287,705 Participation Shares represented by the digital tokens, EpsilonCat Re under a 3-year Participation Share Investment Contract, raising approximately $2.88 million. The offering is the second year of the Cat Re series. The tokens have been issued on the Avalanche blockchain and have a targeted 42% return. The EpsilonCat Re tokens were offered to United States ("US") accredited investors under Rule 506(c) of US Se ...

Group 1: Company Overview - Oxbridge Re Holdings Limited, headquartered in the Cayman Islands, focuses on tokenized Real-World Assets (RWAs) and reinsurance solutions for property and casualty insurers in the Gulf Coast region of the United States [6][9] - SurancePlus Inc., a subsidiary of Oxbridge, 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 [10][12] Group 2: Recent Developments - SurancePlus completed a private placement of 287,705 Participation Shares represented by digital tokens, raising approximately $2.88 million, with a targeted return of 42% [1][2] - The EpsilonCat Re tokens were offered to U.S. accredited investors under Rule 506(c) of SEC Regulation D and to non-U.S. investors under Regulation S of the U.S. Securities Act 1933 [7] Group 3: Partnerships and Innovations - SurancePlus has partnered with Zoniqx, a financial technology company specializing in Tokenization Platform as a Service (TPaaS), to enhance its RWA tokenization and Web3 capabilities [2][6] - Zoniqx's Tokenized Asset Lifecycle Management (TALM) solution utilizes the DyCIST protocol, ensuring security and scalability in the tokenization of reinsurance securities [3][12] Group 4: Performance Metrics - SurancePlus previously reported a 49.11% return on its DeltaCat Re tokenized reinsurance security, exceeding initial projections and highlighting the potential of digital innovations in reinsurance [11]

Core Insights - Oxbridge Re Holdings Limited, through its subsidiary SurancePlus Inc., achieved a 49.11% return on its tokenized reinsurance security, DeltaCat Re, surpassing the initial ROI projection of 42% [1][2] - SurancePlus has integrated digital innovations to enhance reinsurance accessibility as an alternative investment via the Avalanche blockchain [2][8] - The DeltaCat Re digital security was offered to accredited investors in the U.S. and non-U.S. investors under specific SEC regulations [5] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and specializes in tokenized Real-World Assets (RWAs) and reinsurance solutions for property and casualty insurers [7] - The company operates through subsidiaries including SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited [7] - SurancePlus has developed the first "on-chain" reinsurance RWA sponsored by a publicly-traded company, democratizing reinsurance investment opportunities [8]

Core Insights - Oxbridge Re Holdings Limited has initiated a process to evaluate strategic alternatives aimed at maximizing shareholder value, which may include various options such as sale, spinout, merger, divestiture, recapitalization, or continuing as an independent public company [6][4][3] - The company's subsidiary, SurancePlus Inc., has developed the first "on-chain" reinsurance Real-World Asset (RWA), making reinsurance more accessible as an alternative investment for both U.S. and non-U.S. investors [1][4] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates in the tokenized Real-World Assets (RWAs) sector, focusing on tokenized reinsurance securities and solutions for property and casualty insurers through its subsidiaries [4][6] - The company is committed to exploring opportunities that will deliver value to stakeholders and ensure continued success in its evolving industries, as stated by the CEO [2] Strategic Evaluation - The Board of Directors has not set a specific timetable for the conclusion of the strategic review, and there is no assurance that this review will lead to any transaction or strategic change [3][6] - The evaluation process will consider a full range of strategic alternatives for the company and its Web-3 division subsidiary, SurancePlus Holdings Ltd [6]

Financial Data and Key Metrics Changes - Net premiums earned for Q1 2024 increased to $549,000 compared to $0 in Q1 2023, attributed to contracts in force during the quarter [10] - Total revenues for Q1 2024 were negative $125,000, down from $546,000 in Q1 2023, due to a negative change in the fair value of equity securities [11] - The company reported a net loss of $905,000 or $0.15 per share for Q1 2024, compared to net income of $142,000 or $0.02 per share in the same period last year [28] - The expense ratio increased to 99.8% in Q1 2024 from 0% in Q1 2023, driven by higher general and administrative expenses [13][39] Business Line Data and Key Metrics Changes - The company operates in two segments: Software and Aviation, with the Aviation segment featuring jet aircraft fractions and charter management [6][23] - The acquisition cost ratio increased to 10.9% for Q1 2024 from 0% in the prior year, reflecting earned premiums and expensed acquisition costs [29] Market Data and Key Metrics Changes - The investment portfolio decreased to $284,000 at March 31, 2024, from $680,000 at the end of the previous period, primarily due to the sale of equity securities [30] - The company recognized an unrealized loss of $688,000 on other investments, resulting from the remeasurement of its investment in Jet.AI [27] Company Strategy and Development Direction - The company aims to diversify its business by investing in disruptive technology through its SPAC, Oxbridge Acquisition Corp., which successfully merged with Jet.AI [6][32] - SurancePlus, a subsidiary focused on tokenized real-world assets, was established to democratize access to reinsurance as an alternative investment [24][41] - The company is rebranding as an RWA Web3-focused entity, anticipating significant growth in the tokenized asset market, projected to exceed $10 trillion by 2030 [16][42] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the long-term outlook of the core reinsurance business and the integration of new ventures like Jet.AI [9] - The company is committed to leveraging blockchain technology to enhance financial infrastructure and broaden investor participation [8][41] Other Important Information - The company’s cash and cash equivalents increased to $4.3 million at March 31, 2024, from $3.7 million at December 31, 2023 [26] - Total expenses in Q1 2024 rose to $548,000 from $404,000 in the previous year, due to higher professional and legal expenses [37] Q&A Session Summary Question: Has the first RWA closed yet? - Yes, the first RWA was written last year and is based on a three-year contract with a one-year out, with returns expected to exceed 45% [45]

Exhibit 99.1 Company Contact: Oxbridge Re Holdings Limited Jay Madhu, CEO 345-749-7570 jmadhu@oxbridgere.com Oxbridge Re Holdings Limited Reports First Quarter 2024 Results GRAND CAYMAN, Cayman Islands (May 9, 2024) — Oxbridge Re Holdings Limited ( NASDAQ: OXBR ), (the "Company"), which together with its subsidiaries is engaged in the business of tokenized Real-World Assets ("RWAs"), initially in the form of tokenized reinsurance securities and reinsurance solutions primarily to property and casualty insure ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 1-36346 OXBRIDGE RE HOLDINGS LIMITED (Exact name of registrant as specified in its charter) | Cayman Islands | 9 ...