Oxbridge Re Q2 net loss $821K; completes $2.88M tokenized reinsurance placement

OXBRIDGE RE HOLDINGS Ltd

2024-Q2 EPS reported -$0.29 revenue$-81,000

Net loss $821K ($0.14 per share) for Q2 2024 vs net loss $85K ($0.01) in Q2 2023; year-to-date net loss $1.73M vs net profit $57K prior year.
Net premiums earned $564K for Q2 vs $183K prior year; no losses incurred; combined ratio improved to 105.7% from 601.6%.
SurancePlus completed $2.878M private placement of EpsilonCat Re tokenized securities on Avalanche blockchain; $1.409M from Oxbridge, $1.469M from third-party.
Announced strategic partnership with Zoniqx; cash and equivalents $3.98M, no debt.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.