Financial Performance - For the year ended December 31, 2024, net premiums earned increased to $2,303,000 from $1,255,000 in the prior year, representing an 83.3% growth [4]. - The company reported a net loss of $2.7 million or $0.45 per share for the year ended December 31, 2024, a significant improvement from a net loss of $9.9 million or $1.69 per share in the prior year [5]. - Total expenses for the year ended December 31, 2024, were $2.1 million, down from $2.3 million in the prior year, reflecting operational efficiencies [6]. - The expense ratio improved to 94.3% for the year ended December 31, 2024, down from 185.2% in the prior year, due to higher premium levels and lower administrative expenses [10]. - The combined ratio decreased to 94.3% for the year ended December 31, 2024, from 185.2% in the prior year, indicating improved underwriting performance [11]. Cash and Investments - The cash and cash equivalents increased to $5.8 million at December 31, 2024, compared to $3.7 million at December 31, 2023, primarily due to new collateral deposits [7]. - The company completed a reverse direct offering raising gross proceeds of $3 million subsequent to the year-end [8]. Strategic Initiatives - SurancePlus launched its 2025–2026 tokenized reinsurance offerings, targeting a 20% annual return for balanced-yield securities and a 42% annual return for high-yield offerings [3]. - SurancePlus has formed a strategic partnership with Plume, a blockchain platform with over $4.5 billion in assets, to expand distribution for tokenized reinsurance offerings [3]. - The RWA tokenization market is projected to reach as much as $30 trillion by 2030, positioning SurancePlus to capitalize on significant growth opportunities [3].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ 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 | Cayman Islands | 98-1150254 | | --- | --- | | (State or other jurisdiction | (I.R.S. Employer | | of incorporation or or ...

GRAND CAYMAN, Cayman Islands, March 26, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR), (“Oxbridge Re” or 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 business solutions to property and casualty insurers in the Gulf Coast region of the United States, today reported its results for the three months and year ended December 31, 2024. “Sura ...

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][6] - The CEO, Jay Madhu, will participate in the Uncorrelated Puerto Rico summit, which aims to connect investors with high-return, alternative investment opportunities [2][3] 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 [6] - The company offers tokenized reinsurance securities and business solutions to property and casualty insurers [6] Investment Opportunities - SurancePlus has introduced two distinct tokenized reinsurance offerings: EtaCat Re with a 20% annual targeted return and ZetaCat Re with a 42% annual targeted return [7][8] - The tokenization process allows investors to select their preferred risk-return profile, democratizing access to a traditionally exclusive asset class [3][8] Event Participation - The Uncorrelated Puerto Rico summit is expected to host over 300 limited partners, fund managers, allocators, and startup leaders, focusing on emerging markets and direct investment opportunities [2] - Jay Madhu will discuss SurancePlus' innovative approach to tokenizing reinsurance contracts, highlighting the potential for uncorrelated, high-yield investment opportunities [2][3]

GRAND CAYMAN, Cayman Islands, March 20, 2025 (GLOBE NEWSWIRE) -- 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 business solutions to property and casualty today, announced that it plans to hold a conference call on Wednesday March 26, 2025 at 4:30 p.m. Eastern Time to discuss results for the fourth quarter and year ...

GRAND CAYMAN, Cayman Islands, March 19, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), through its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets ("RWAs"), initially with tokenized reinsurance securities, today announced SurancePlus' partnership with Plume, a leading blockchain optimized for Real-World Asset Finance (RWAfi). This collaboration aims to significantly expand the distribution of SurancePlus' 2025-2026 tokenized reinsurance secu ...

GRAND CAYMAN, Cayman Islands, March 13, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets (“RWAs”), initially with tokenized reinsurance securities, and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, today announced its participation in Digital Asset Summit 2025, a leading institutional finance and blockchain ev ...

GRAND CAYMAN, Cayman Islands, March 04, 2025 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("Oxbridge Re"), together with its subsidiary SurancePlus, is engaged in the tokenization of Real-World Assets ("RWAs"), initially with tokenized reinsurance securities, and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, today announced the launch of its 2025 tokenized reinsurance offerings. For the first time, investors can choose ...

Core Viewpoint - Oxbridge Re Holdings Limited has announced a securities purchase agreement to raise approximately $3.0 million through a registered direct offering and a concurrent private placement of ordinary shares and warrants [1][2]. Group 1: Offering Details - The company will issue 705,884 ordinary shares at an effective offering price of $4.25 per share, along with Series A Warrants for 529,413 shares and Series B Warrants for 882,355 shares [1][2]. - The Series A Warrants are immediately exercisable with a two-year expiration and an exercise price of $4.25 per share, while the Series B Warrants will be exercisable upon shareholder approval or six months from issuance, expiring five years from the initial exercise date [1][2]. Group 2: Financial Proceeds - The total gross proceeds from the offering are estimated to be around $3.0 million before deducting fees and expenses [2]. Group 3: Regulatory Compliance - The ordinary shares are being offered under a shelf registration statement declared effective by the SEC on September 6, 2022, and will be made available through a prospectus supplement [3]. - The Series A and Series B Warrants are offered in a private placement under Section 4(a)(2) of the Securities Act and have not been registered under the Act or applicable state laws [4]. Group 4: Company Overview - Oxbridge Re Holdings Limited is based in the Cayman Islands and specializes in tokenized Real-World Assets (RWAs) and reinsurance solutions for property and casualty insurers [6]. - The company operates through subsidiaries, including SurancePlus Inc., which has developed the first "on-chain" reinsurance RWA, making reinsurance more accessible to investors [8].

Core Viewpoint - Oxbridge Re Holdings Limited has announced a securities purchase agreement to raise approximately $3.0 million through a registered direct offering and a concurrent private placement of ordinary shares and warrants [1][2]. Group 1: Offering Details - The company will sell 705,884 ordinary shares at an effective offering price of $4.25 per share, along with Series A and Series B Warrants [1]. - The Series A Warrants are immediately exercisable with an exercise price of $4.25 and will expire two years from the initial exercise date [1]. - The Series B Warrants will be exercisable upon shareholder approval or six months from issuance, with an exercise price based on the lower of the Nasdaq minimum price or $4.25 after shareholder approval [1]. Group 2: Financial Proceeds - The estimated gross proceeds from the offering are approximately $3.0 million before deducting fees and expenses [2]. - The offering is expected to close on or about February 26, 2025, pending customary closing conditions [2]. Group 3: Regulatory Information - The ordinary shares are being offered under a shelf registration statement declared effective by the SEC on September 6, 2022 [3]. - A prospectus supplement will be filed with the SEC for the registered direct offering [3]. Group 4: Company Overview - Oxbridge Re Holdings Limited specializes in tokenized Real-World Assets (RWAs) and provides reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [6][7]. - The company's subsidiary, SurancePlus Inc., has developed the first "on-chain" reinsurance RWA, making reinsurance more accessible to both U.S. and non-U.S. investors [8].