---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-032173"
form_type: "8-K"
ticker: "OXBR"
cik: "0001584831"
company_name: "OXBRIDGE RE HOLDINGS Ltd"
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:13:55.025132+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oxbridge Re Q3 net loss $2.2M vs income $6.5M; Hurricane Ian drives underwriting loss

## Summary
- Net loss of $2.2M ($0.37/share) in Q3 2022, compared to net income of $6.5M ($1.14/share) in Q3 2021.
- Net premiums earned rose to $591K from $370K YoY due to premium acceleration from hurricane limit losses.
- Loss ratio surged to 181.6% in Q3 2022 from 42.7% in Q3 2021 due to Hurricane Ian limit losses on two contracts.
- Combined ratio increased to 247.2% from 129.5% YoY.
- Cash and equivalents decreased to $4.4M from $5.4M at Dec 31, 2021.

## SEC filing metadata
- accession: 0001493152-22-032173
- form_type: 8-K
- ticker: OXBR
- cik: 0001584831
- company_name: OXBRIDGE RE HOLDINGS Ltd
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584831/000149315222032173/0001493152-22-032173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584831/000149315222032173/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-032173
- JSON: https://secwatch.observer/filing/0001493152-22-032173.json
- Plain text: https://secwatch.observer/filing/0001493152-22-032173.txt

## Key facts
- Earnings Releases
  OXBRIDGE RE HOLDINGS Ltd reported nine months ended September 30, 2022 results: revenue $995,000, net income $2.5 million, EPS $0.43 per basic and diluted share.
  - Period: nine months ended September 30, 2022
  - Revenue: $995,000
  - Net income: $2.5 million
  - EPS: $0.43 per basic and diluted share
  - Result: reported results
  source text: For the nine months ended September 30, 2022, net premiums earned increased to $995,000 from $755,000 in the prior year. The increases are due to the acceleration of premium recognition on two of the Company’s reinsurance contracts due to a limit loss suffered during the third quarter of 2022 by Hurricane Ian, as well as higher rates on reinsurance contracts compared to the prior year. For the three months ended September 30, 2022, the Company generated a net loss of $2.2 million or $0.37 per basic and diluted common share compared net income of $6.5 million or $1.14 per basic and diluted share in the third quarter of 2021. For the nine months ended September 30, 2022 the Company incurred a net loss of $2.5 million or $0.43 per basic and diluted share compared to net income of $7.0 million or $1.22 per basic and diluted share in the first nine months of the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315222032173/0001493152-22-032173-index.htm
- Earnings Releases
  OXBRIDGE RE HOLDINGS Ltd reported three months ended September 30, 2022 results: revenue $591,000, net income $2.2 million, EPS $0.37 per basic and diluted common share.
  - Period: three months ended September 30, 2022
  - Revenue: $591,000
  - Net income: $2.2 million
  - EPS: $0.37 per basic and diluted common share
  - Result: reported results
  source text: Net premiums earned for the three months ended September 30, 2022 increased to $591,000 from $370,000 in the same prior year period. For the nine months ended September 30, 2022, net premiums earned increased to $995,000 from $755,000 in the prior year. The increases are due to the acceleration of premium recognition on two of the Company’s reinsurance contracts due to a limit loss suffered during the third quarter of 2022 by Hurricane Ian, as well as higher rates on reinsurance contracts compared to the prior year. For the three months ended September 30, 2022, the Company generated a net loss of $2.2 million or $0.37 per basic and diluted common share compared net income of $6.5 million or $1.14 per basic and diluted share in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315222032173/0001493152-22-032173-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.