earnings
confidence high
sentiment neutral
materiality 0.55
Oxbridge Re Q1 net loss narrows to $139K; premiums up 8.4% YoY; highlights tokenized reinsurance partnerships
OXBRIDGE RE HOLDINGS Ltd
2025-Q1 EPS reported
-$0.02
revenue$692,000
- Net loss of $139K ($0.02 per share) vs $905K loss ($0.15) in Q1 2024.
- Net premiums earned $595K, up 8.4% from $549K YoY; expense ratio improved to 95.8% from 99.8%.
- Cash & equivalents up 62.85% to $9.6M, aided by $2.7M net from registered direct offering.
- Signed MOU with Plume blockchain platform ($4.5B assets) to expand tokenized reinsurance distribution.
- SurancePlus tokenized reinsurance offerings target 20% (balanced-yield) and 42% (high-yield) annual returns.