other material
confidence medium
sentiment neutral
materiality 0.30
Oxbridge Re discloses max $1.7M potential hurricane loss; no claims yet
OXBRIDGE RE HOLDINGS Ltd
- No claims received from ceding insurers related to Hurricanes Helene and Milton.
- Maximum potential impact to capital at Dec 31, 2024 estimated at $1.7 million.
- Losses may not penetrate reinsurance layers; no assurance claims won't be made.
- Disclosure is forward-looking and reflects current estimate as of Jan 6, 2025.