---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041110"
form_type: "8-K"
ticker: "OXBR"
cik: "0001584831"
company_name: "OXBRIDGE RE HOLDINGS Ltd"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:36:25.036072+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oxbridge Re Q3 net loss $7.3M vs $2.2M YoY; SurancePlus generates $300K in fees

## Summary
- Net loss of $7.3M ($1.24 diluted EPS) in Q3 2023 vs $2.2M ($0.37) YoY; nine-month loss $7.2M ($1.23) vs $2.5M.
- Net premiums earned $549K in Q3 2023 vs $591K YoY; combined ratio 244.4% for nine months.
- SurancePlus subsidiary generated $300K in ITOM fees on $2.4M token raise; CEO expects 42% return for investors.
- Unrealized loss on investment in Jet.AI (completed Aug 2023) drove the net loss.
- Cash and equivalents $3.6M at Sept 30, 2023 vs $3.9M at Dec 31, 2022.

## SEC filing metadata
- accession: 0001493152-23-041110
- form_type: 8-K
- ticker: OXBR
- cik: 0001584831
- company_name: OXBRIDGE RE HOLDINGS Ltd
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584831/000149315223041110/0001493152-23-041110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584831/000149315223041110/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041110
- JSON: https://secwatch.observer/filing/0001493152-23-041110.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041110.txt

## Key facts
- Earnings Releases
  OXBRIDGE RE HOLDINGS Ltd reported the three and nine months ended September 30, 2023 results: revenue $732,000, net income net loss of $7.2 million, EPS $1.23 per basic and diluted common share.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $732,000
  - Net income: net loss of $7.2 million
  - EPS: $1.23 per basic and diluted common share
  - Result: reported results
  source text: than offsetting the underwriting income and SurancePlus ITOM fee income compared with the prior year. Net premiums earned for the three months ended September 30, 2023, were $549,000 compared to $591,000 in the same prior year period. For the nine months ended September 30, 2023, net premiums earned were $732,000 compared to $995,000 in the prior year. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315223041110/0001493152-23-041110-index.htm
- Earnings Releases
  OXBRIDGE RE HOLDINGS Ltd reported the three and nine months ended September 30, 2023 results: revenue $732,000, net income net loss of $7.2 million, EPS $1.23 per basic and diluted common share.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $732,000
  - Net income: net loss of $7.2 million
  - EPS: $1.23 per basic and diluted common share
  - Result: reported results
  source text: three months ended September 30, 2023, were $549,000 compared to $591,000 in the same prior year period. For the nine months ended September 30, 2023, net premiums earned were $732,000 compared to $995,000 in the prior year. The decreases are due to the acceleration of premium recognition on one of the Company’s reinsurance contracts in the prior year due to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584831/000149315223041110/0001493152-23-041110-index.htm

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