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Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer, providing reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. The Company manages its business on the basis of one operating segment, Property and Casualty Reinsurance.
Oxbridge Re Holdings (Nasdaq: OXBR) has announced a $3.0 million registered direct offering and concurrent private placement. The company has entered into a securities purchase agreement with a single institutional investor to purchase 705,884 ordinary shares at an effective price of $4.25 per share.
The concurrent private placement includes unregistered Series A Warrants to purchase up to 529,413 ordinary shares and Series B Warrants to purchase up to 882,355 ordinary shares. Series A Warrants will be immediately exercisable with a two-year expiration and $4.25 exercise price, while Series B Warrants will be exercisable after shareholder approval or 6 months from issuance with a five-year expiration.
The offering is expected to close around February 26, 2025, with Maxim Group acting as the sole placement agent. The ordinary shares are being offered through a shelf registration statement, while the warrants are offered in a private placement under Section 4(a)(2) of the Securities Act of 1933.
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus announced their participation in RWA DAY during ETHDenver 2025. CEO Jay Madhu will be a featured speaker in a fireside chat moderated by Adam Blumberg on February 26, 2025, at 2:15 PM (MST) at the Hilton City Center, Denver, CO.
The discussion will focus on blockchain technology's impact on reinsurance, highlighting how SurancePlus transforms reinsurance contracts into decentralized, tradable assets. The company's tokenized reinsurance securities are targeting impressive annual returns of 20% and 42%, offering investors uncorrelated, high-yield opportunities.
Key topics include the growth of Real-World Assets (RWAs), their integration into mainstream finance, and Oxbridge's strategic vision for expanding blockchain-based reinsurance solutions. The company positions itself as a leader in bringing decentralized, institutional-grade RWA solutions to investors.
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus announced their participation in the Digital Assets 2025 Virtual Conference, hosted by Maxim Group on February 12, 2025. CEO Jay Madhu will engage in a fireside chat with Allen Klee, Managing Director of Equity Research at Maxim Group, from 2:30-3:00 PM EST.
The conference will focus on digital asset ecosystem developments, featuring discussions about the company's pioneering work in tokenizing Real-World Assets (RWAs), particularly in reinsurance securities. Key highlights include SurancePlus' strategy to deliver high-yield investment opportunities, targeting annual returns of 42% and 20%, and their initiative to democratize access to reinsurance investments through blockchain technology.
The presentation will also cover Oxbridge's recent strategic decision to include digital assets in its treasury reserve and their approach to transforming how reinsurance assets are accessed and traded through tokenization.
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus have selected Coinbase Prime as their platform for purchasing and securing custody of Bitcoin and Ethereum as treasury reserve assets. The company, which operates in tokenizing Real-World Assets (RWAs) and provides reinsurance solutions in the Gulf Coast region, may also consider investing in other cryptocurrencies.
This strategic move demonstrates Oxbridge's commitment to integrating blockchain solutions into their financial framework. The partnership with Coinbase Prime aims to ensure secure management of digital assets while creating new investment opportunities aligned with their blockchain vision.
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus have selected Coinbase Prime to facilitate investments in digital assets as part of their investment strategy. The company, which focuses on tokenizing Real-World Assets (RWAs) and providing reinsurance solutions in the Gulf Coast region, aims to integrate blockchain solutions into its financial framework.
Through this collaboration, Oxbridge will utilize Coinbase's platform for securely managing digital assets while exploring new investment opportunities aligned with their blockchain vision. The selection of Coinbase Prime as their platform for buying and storing Digital Assets reflects the growing convergence between traditional finance and blockchain technology.
Oxbridge Re Holdings (NASDAQ: OXBR) has announced its Board of Directors' approval to include Bitcoin and Ethereum as treasury reserve assets. This strategic move aims to diversify financial holdings while exploring inflation-resistant assets with long-term growth potential.
The company, through its Web3-focused subsidiary SurancePlus, is expanding its blockchain initiatives centered on tokenized Real-World Assets (RWAs), particularly in reinsurance securities. SurancePlus plans to launch two new tokens: a balanced-yield reinsurance RWA security backed token targeting 20% return, and a high-yield version targeting 42% return.
These tokens will fund reinsurance contracts written by Oxbridge's sidecar reinsurance vehicle, Oxbridge Re NS. The company aims to democratize access to reinsurance investments through tokenization and decentralization, making this asset class more accessible beyond ultra-high-net-worth individuals and institutions.
Oxbridge Re Holdings (NASDAQ: OXBR) and its RWA/Web3-focused subsidiary, SurancePlus, announced their participation in three major Miami events in January 2025. The company will attend WAGMI Miami (January 22-24), iConnections (January 27-30), and Crypto Gathering 2025 (January 30-31).
The events will serve as platforms for Oxbridge to demonstrate their approach to tokenization, particularly in tokenized reinsurance securities as a Real World Asset (RWA). CEO Jay Madhu emphasized the company's focus on democratizing access to reinsurance contracts through blockchain technology, aiming to expand the RWA ecosystem and promote digital asset growth.
Oxbridge Re Holdings (OXBR), a company focused on tokenizing Real-World Assets and providing reinsurance solutions, announced its participation in several upcoming industry events alongside its Web3 subsidiary, SurancePlus. The company has recently participated in notable events including RWA Day, Token 2049, Ripple Swell, Digital Assets Week, and FinTech Festival, where Chairman and CEO Jay Madhu served as a speaker. Upcoming events include the Milken Institute Middle East and Africa Summit, Abu Dhabi Business Week, Bitcoin Mena 2024, Abu Dhabi Finance Week, and Global Blockchain Congress in December 2024.
Oxbridge Re Holdings reported Q3 2024 results with a net loss of $540,000 ($0.09 per share), compared to a $7.3 million loss in Q3 2023. Net premiums earned increased to $595,000 from $549,000 year-over-year. The company's Web3/RWA subsidiary, SurancePlus, plans to issue two tranches of tokenized securities: a high-yield token targeting 42% return and a balanced yield token targeting 22% return. Total expenses decreased to $498,000 from $688,000 in Q3 2023. Cash and equivalents stood at $4.8 million as of September 30, 2024, up from $3.7 million at end-2023.
Oxbridge Re Holdings (NASDAQ: OXBR) and its subsidiary SurancePlus announced their participation in two major digital assets and fintech events in Singapore. CEO Jay Madhu will speak at Digital Assets Week about 'Reshaping Access to the Trillion-Dollar Reinsurance Industry' alongside strategic partner Zoniqx. The events, scheduled for November 4-8, include Digital Assets Week Singapore and Singapore FinTech Festival 2024.
The company focuses on tokenized Real-World Assets (RWAs) in reinsurance securities and provides reinsurance solutions to property and casualty insurers in the Gulf Coast region. Madhu highlighted their achievement in democratizing access to previously restricted asset classes through security tokens backed by property reinsurance contract premiums.
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