earnings
confidence high
sentiment negative
materiality 0.75
Oxbridge Re Q2 net loss $1.87M; loss ratio 394% from Hurricane Milton
OXBRIDGE RE HOLDINGS Ltd
2025-Q2 EPS reported
-$0.28
revenue$1,356,000
- Net loss for Q2 2025: $1.87M ($0.25 per share) vs $821K ($0.14) in Q2 2024; six-month loss $2.01M ($0.28).
- Loss ratio surged to 394% due to $2.29M full limit loss from Hurricane Milton on one reinsurance contract.
- Net premiums earned edged up to $582K from $564K; total expenses jumped to $3.61M from $628K.
- Combined ratio rose to 621% in Q2; cash and equivalents increased to $6.7M.
- Announced strategic partnership with Midnight Foundation; launched tokenized reinsurance offerings targeting 20-42% returns.
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