secwatch.observer — SEC 8-K summary
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Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001493152-24-030755
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000149315224030755/0001493152-24-030755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000149315224030755/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030755

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