Oxbridge Re posts Q2 net income of $176K; launches AI GridWorks for data center development

OXBRIDGE RE HOLDINGS Ltd

2026-Q2 EPS reported $0.02 revenue$1,564,000

Q2 2026 net income of $176K ($0.02/share) vs net loss of $1.87M ($0.25/share) in Q2 2025; no underwriting losses recorded.
Restricted cash and equivalents rose $12.85M to $19.82M at June 30, 2026 from $6.98M at Dec 31, 2025.
Launched AI GridWorks to develop, own and operate AI data centers; team has experience with ~2.9 GW deployed hyperscale infrastructure.
SurancePlus raised $7.1M in five tokenized reinsurance placements on Solana; EtaCat Re and ZetaCat Re delivered 29.3% and 43.4% annualized returns.
Net premiums earned fell to $368K in Q2 2026 from $582K in Q2 2025; combined ratio improved to 175.8% from 621%.

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