Oxbridge Re reports Q2 net income $77k, H1 net loss $310k; combined ratio rises

OXBRIDGE RE HOLDINGS Ltd

2022-Q2 EPS reported -$0.05 revenue$505,000

Q2 net income $77k ($0.01/share) vs $448k ($0.08) in Q2 2021.
H1 2022 net loss $310k ($0.05 loss) vs net income $476k ($0.08) in H1 2021.
Net premiums earned Q2 $194k vs $205k; H1 $404k vs $386k.
Combined ratio increased to 211.3% (Q2) and 191.1% (H1) vs 162.9% and 157.3% last year.
Cash and equivalents $4.6M at June 30, 2022, down from $5.4M at Dec 31, 2021.

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