Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), specifically in the area of tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][5] - The company’s CEO, Jay Madhu, will participate in a panel discussion at THE GREAT GATHER during TOKEN2049 Dubai, highlighting the democratization of reinsurance and the expansion of access to high-yield, uncorrelated investment opportunities through Web3 innovation [3][2] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates through subsidiaries including SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited, offering tokenized RWAs and reinsurance business solutions [5] - SurancePlus has developed the first "on-chain" reinsurance RWA, allowing both U.S. and non-U.S. investors to access reinsurance as an alternative investment [9] Investment Opportunities - The company offers two tokenized reinsurance securities: EtaCat Re with a targeted annual return of 20% and ZetaCat Re with a targeted annual return of 42% [7] - Investors can directly participate in SurancePlus offerings and are encouraged to connect with the team during events like THE GREAT GATHER [3]

Group 1 - The Ordinary and Extraordinary Shareholders' Meeting of SCOR SE was held on April 29, 2025, where all resolutions proposed by the Board of Directors were approved [2][3] - Shareholders approved a dividend payment of EUR 1.80 per share for the 2024 financial year, with the ex-dividend date set for May 2, 2025, and payment scheduled for May 6, 2025 [2] - The terms of office for directors Fabrice Brégier, Martine Gerow, and Fields Wicker-Miurin were renewed, and Diane Côté and Doina Palici-Chehab were appointed as new directors [3] Group 2 - SCOR generated premiums of EUR 20.1 billion in 2024 and serves clients in over 150 countries from 37 offices worldwide [5]

Core Insights - Oxbridge Re Holdings Limited, through its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), specifically in the reinsurance sector, targeting property and casualty insurers in the Gulf Coast region of the United States [1][7][8] - The company is participating in significant industry events, including the Tokenized Capital Summit 2025 and THE GREAT GATHER, where its CEO will discuss the democratization of access to high-yield reinsurance contracts via tokenized securities [2][3] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates through subsidiaries such as SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited, providing tokenized reinsurance securities and solutions [7] - SurancePlus has developed the first "on-chain" reinsurance RWA, making reinsurance more accessible as an alternative investment for both U.S. and international investors [9] Investment Opportunities - SurancePlus offers investment opportunities with targeted annual returns of 20% for EtaCat Re and 42% for ZetaCat Re, appealing to investors seeking high-yield options [5] - Investors can engage directly with SurancePlus offerings and are encouraged to connect with the team during industry events [4]

Core Insights - Reinsurance Group (RGA) is expected to report quarterly earnings of $5.33 per share, reflecting an 11.5% decline year-over-year, with revenues forecasted at $5.74 billion, a decrease of 7.3% compared to the previous year [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Key Metrics Analysis - Analysts predict 'Revenues- Net premiums' to reach $4.32 billion, indicating a year-over-year decline of 19.7% [4] - 'Revenues- Other revenues' is estimated at $116.68 million, suggesting a decrease of 21.7% year-over-year [4] Pre-tax Adjusted Operating Income Estimates - 'Pre-tax adjusted operating income (loss)- Total Asia Pacific' is estimated at $165.54 million, down from $168 million in the same quarter last year [5] - 'Pre-tax adjusted operating income (loss)- Total Canada' is projected at $48.82 million, compared to $53 million in the previous year [5] - 'Pre-tax adjusted operating income (loss)- Total U.S. and Latin America' is expected to be $196.97 million, down from $218 million year-over-year [6] - 'Pre-tax adjusted operating income (loss)- Total EMEA' is estimated at $107.23 million, compared to $115 million last year [6] - 'Pre-tax adjusted operating income (loss)- Asia Pacific Traditional' is projected at $87.78 million, down from $109 million [7] - 'Pre-tax adjusted operating income (loss)- Asia Pacific Financial Solutions' is expected to reach $75.60 million, up from $59 million [7] - 'Pre-tax adjusted operating income (loss)- EMEA Traditional' is forecasted at $20.96 million, down from $38 million [8] - 'Pre-tax adjusted operating income (loss)- Canada Financial Solutions' is projected at $14.83 million, compared to $7 million last year [8] - 'Pre-tax adjusted operating income (loss)- Canada Traditional' is estimated at $35.59 million, down from $46 million [9] - 'Pre-tax adjusted operating income (loss)- U.S. and Latin America- Traditional' is expected to be $127.24 million, up from $90 million year-over-year [9] Stock Performance - RGA shares have shown a return of -4% over the past month, slightly better than the Zacks S&P 500 composite's -4.3% change, with a Zacks Rank of 3 (Hold) indicating expected performance in line with the overall market [10]

Core Viewpoint - Oxbridge Re Holdings Limited is actively participating in the tokenization of Real-World Assets, specifically focusing on tokenized reinsurance securities, and is set to showcase its offerings at TOKEN2049 Dubai, a major blockchain event [1][4]. Group 1: Company Overview - Oxbridge Re Holdings Limited, headquartered in the Cayman Islands, specializes in tokenized Real-World Assets and provides reinsurance solutions to property and casualty insurers [6]. - The company operates through its subsidiaries, including SurancePlus Inc., which focuses on blockchain-based reinsurance solutions [6][8]. Group 2: Event Participation - Oxbridge Re and SurancePlus will participate in TOKEN2049 Dubai, which is expected to attract over 15,000 attendees from more than 160 countries [2]. - The event will feature keynotes, panels, and networking opportunities, allowing Oxbridge to engage with stakeholders in the digital asset ecosystem [2][4]. Group 3: Product Offerings - The company offers SEC-compliant tokenized reinsurance securities, which are currently listed on the Securitize platform and utilize the Avalanche blockchain for regulatory alignment and investor transparency [3]. - Qualified investors can access two high-yield investment opportunities: EtaCat Re with a targeted annual return of 20% and ZetaCat Re with a targeted annual return of 42% [8].

Financial Data and Key Metrics Changes - The company reported a modest operating loss for Q1 2025, but a profit on a net GAAP basis due to diversification and favorable mark-to-market gains in the investment portfolio [18][19] - Tangible book value per share plus accumulated dividends increased quarter over quarter despite catastrophe losses and $380 million returned to shareholders through dividends and share repurchases [19][31] - The annualized return on average common equity was reported at 7% despite significant insured losses [30] Business Line Data and Key Metrics Changes - Underwriting income was significantly impacted, reporting a loss of $771 million, while net investment income remained strong at $45 million [32][33] - Property catastrophe gross premiums written increased by 24% to $1.7 billion, and net premiums written rose by 33% to $1.4 billion, driven by reinstatement premiums from the California wildfires [37] - The casualty and specialty combined ratio was reported at 111%, with an adjusted combined ratio of 109%, reflecting the impact of large events [45] Market Data and Key Metrics Changes - The company noted that the property market is in exceptional shape compared to historical standards, with increased rates and retentions since 2023 [96] - Demand for reinsurance in Florida is growing, with strong pricing expected due to increased risk moving back into the private market [100] - The casualty market is showing signs of improvement, with rates increasing and better claims management being observed [104][106] Company Strategy and Development Direction - The company aims to preserve margins while continuing to grow tangible book value per share in the current environment [27] - The focus remains on underwriting profitability and capital management, with a strategy to repurchase shares at attractive valuations [28][53] - The company is positioned to benefit from increased risk aversion in a volatile macroeconomic environment [92] Management's Comments on Operating Environment and Future Outlook - Management acknowledged unprecedented uncertainty in the economic environment but expressed confidence in the company's ability to outperform due to its anti-correlated business model [7][10] - The company expects to continue delivering value to shareholders and is well-positioned for midyear renewals [92] - Management highlighted the resilience of the investment portfolio and the potential for increased demand for reinsurance as volatility rises [16][92] Other Important Information - The company repurchased $360 million of shares during the first quarter and continued to repurchase shares at attractive prices during the recent market sell-off [28][52] - The Bermuda corporate income tax of 15% was implemented, resulting in a corresponding tax expense, but the company reported an overall income tax benefit of $45 million [35] Q&A Session Summary Question: Impact of California fires on midyear renewals - Management indicated that the property market is in exceptional shape, with increased rates and retentions since 2023, and expressed confidence in the upcoming renewals [96][100] Question: Changes in casualty specialty combined ratio guidance - Management noted that the casualty market is improving, with stable trends and strong rates, leading to a cautious but optimistic outlook for the combined ratio [103][106] Question: Proportion of third-party ownership of catastrophe volume - Management stated that the allocation to Da Vinci remains stable, with no significant changes expected in the near future [110][111] Question: Reserve releases and management of the other property segment - Management clarified that favorable development in reserves was a byproduct of their annual review process and not a targeted focus [115][116] Question: Confidence in casualty reserves amidst adverse developments - Management expressed confidence in their underwriting and reserving processes, highlighting a well-balanced portfolio despite some adverse developments in certain lines [120][122]

RenaissanceRe (RNR) Q1 2025 Earnings Call April 24, 2025 05:43 PM ET Company Participants Keith McCue - Senior Vice President of Finance & Investor RelationsKevin O’Donnell - President & CEORobert Qutub - Executive VP & CFODavid Marra - Executive VP & Group Chief Underwriting OfficerElyse Greenspan - Managing DirectorJian (Bob) Huang - Executive DirectorMeyer Shields - Managing DirectorAndrew Andersen - Equity Research Vice President Conference Call Participants Josh Shanker - AnalystJimmy Bhullar - Equity ...

Group 1 - Philipp Rüede has been appointed as the new CEO of SCOR Life & Health and a member of the Executive Committee, replacing Frieder Knüpling who stepped down in July 2024 [2][4] - Rüede's immediate priorities include driving the new business strategy for Life & Health, protecting and delivering in-force value, and improving the cash profile of the L&H business, aligning with the updated strategy presented at the Investor Day in December 2024 [2][4] - SCOR generated premiums of EUR 20.1 billion in 2024 and operates in over 150 countries with 37 offices worldwide, providing a diverse range of reinsurance and insurance solutions [5] Group 2 - Philipp Rüede has over 20 years of experience in banking and reinsurance, having held various significant positions including Global Co-Head of Equity Derivatives Structuring at CS First Boston and Head of Reinsurance Capital Management at Swiss Re [3][4] - Rüede's educational background includes a degree from Ecole Polytechnique in Paris and a Master's degree in Engineering from ETH Zürich [3] - Thierry Léger, CEO of SCOR, expressed confidence in Rüede's ability to transform the L&H business, restore profitability, and enhance the cash profile [4]

Core Viewpoint - Fundamental Global Inc. has made significant strides in consolidating its operations and improving its financial performance through strategic mergers and asset sales in 2024 [2][4]. Financial Highlights - Total assets increased to $109.5 million as of December 31, 2024, up by $47.3 million from the previous year [5]. - Stockholders' equity rose to $74.2 million, reflecting an increase of $37.2 million from December 31, 2023 [6]. - Revenue for 2024 was $17.3 million, a 1.5% increase from the previous year, with managed services revenue growing by 20.7% to $32.0 million [7]. - The net loss attributable to common shareholders improved to $2.6 million from a loss of $14.1 million in the prior year, primarily due to a $21.8 million gain on the sale of Strong/MDI [8][9]. Operational Highlights - The company completed three merger transactions in 2024, including the merger with FG Group Holdings Inc. and Strong Global Entertainment, aimed at reducing operating costs and streamlining operations [5]. - A portion of the reinsurance business was agreed to be sold for $5.6 million, expected to close in the first half of 2025 [2]. - The company successfully monetized its Digital Ignition facility and sold its Strong/MDI Screen Systems subsidiary for approximately $30 million [5]. Balance Sheet Overview - As of December 31, 2024, total liabilities were $35.3 million, an increase from $25.1 million in the previous year [15]. - Short- and long-term debt decreased to $2.4 million, down by $5.4 million from December 31, 2023 [7]. - Cash and cash equivalents increased to $7.8 million from $6.0 million in the previous year [21]. Shareholder Information - The weighted average common shares outstanding increased to 1,265 million due to the merger with FG Group Holdings [19]. - The net loss per common share improved to $2.43 from $35.22 in the prior year, reflecting the company's improved financial performance [9].

Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2024 Earnings Conference Call March 11, 2025 9:00 AM ET Company Participants David Sigmon - General Counsel Greg Richardson - Executive Officer David Einhorn - Chairman of the Board Faramarz Romer - Chief Financial Officer Conference Call Participants Anthony Mottolese - Dowling & Partners Eric Hagen - BTIG Operator At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. It's now my pleasure to ...