Streetbeat News

OXBR

Oxbridge Re Holdings Limited

https://www.oxbridgere.com

Industry

Insurance - Reinsurance

Oxbridge Re Holdings Limited, together with its subsidiaries, provides specialty property and casualty reinsurance solutions. It underwrites reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. The company distributes its products and solutions through reinsurance brokers. Oxbridge Re Holdings Limited was incorporated in 2013 and is headquartered in George Town, the Cayman Islands.

Open

2.67

Mkt cap

16M

Volume

High

2.75

P/E Ratio

-1.34

52-wk high

3.72

Low

2.67

Div yield

N/A

52-wk low

0.87

Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decline in its Q2 financial performance, with GAAP EPS falling to $(0.14) from $(0.01) YoY and sales plummeting to $44.00K from $691.00K YoY.

Portfolio Pulse from saritha@benzinga.com

August 08, 2024 | 9:31 pm

Oxbridge Re Holdings Limited (Nasdaq: OXBR) announced a strategic collaboration with Zoniqx to expand the footprint of its subsidiary, SurancePlus, by leveraging blockchain technology to tokenize reinsurance contracts. SurancePlus also completed a private placement raising approximately $2.88 million.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:21 pm

Oxbridge Re Holdings Limited (NASDAQ: OXBR) is evaluating strategic alternatives to maximize shareholder value, including potential sale, spinout, merger, divestiture, recapitalization, or continuing as an independent company. This evaluation includes its Web-3 division subsidiary, SurancePlus Holdings Ltd.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:10 pm

Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decrease in its Q1 earnings per share (EPS) to $(0.15) from $0.02 YoY, and a sharp decline in sales to $(125.00K) from $545.00K YoY, marking a substantial downturn in its financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:48 pm

Oxbridge Re Holdings Limited (OXBR) announced the launch of 'EpsilonCat Re', a tokenized real-world asset offering through its subsidiary SurancePlus Inc. The offering involves issuing 500,000 to 1,000,000 digital token participation shares at $10 each, with proceeds used to purchase participating notes for collateralized reinsurance contracts. The EpsilonCat Re tokens target an annualized return of 42%, with last year's DeltaCat Re tokens exceeding expectations. OXBR's venture into RWA tokenization aligns with broader financial trends, including Blackrock's plan to tokenize $10 trillion of assets.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:17 pm

Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decrease in its Q4 earnings per share (EPS) to $(0.46) from $0.12 YoY, and a decrease in sales to $(1.91M) from $1.04M YoY, indicating a substantial decline in financial performance.

Portfolio Pulse from Happy Mohamed

March 26, 2024 | 8:13 pm

Numerous companies are scheduled to report their earnings on March 26, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include bluebird bio with an expected quarterly loss, Elbit Systems projecting earnings, and GameStop anticipated to report earnings. Other companies like McCormick & Co and TD Synnex are also expected to report significant earnings, while firms like AEye and Ouster are projected to report losses.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 8:47 am

In Friday's intraday session, the insurance industry saw significant movements with Huize Holding, Root, Oxbridge Re Holdings, Maiden Holdings, Marpai, and Tian Ruixiang Holdings experiencing gains, while eHealth, Fanhua, Palomar Holdings, Arch Capital Group, Investors Title, and Waterdrop faced declines. Notably, Maiden Holdings' Q4 earnings were released three days ago.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 5:40 pm

In Monday's intraday session, several insurance stocks experienced significant movements. Marpai, Fanhua, Huize Holding, Tian Ruixiang Holdings, Oxbridge Re Holdings, and MBIA were among the gainers, with increases ranging from 3.52% to 22.85%. Conversely, Root, Maiden Holdings, Cheche Group, Crawford, Kinsale Capital Group, and Goosehead Insurance were the losers, with decreases ranging from 2.93% to 4.09%.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 5:40 pm

Insurance stocks showed notable movements in Tuesday's intraday session. Gainers included Reliance Global Group, Trupanion, Hippo Holdings, Erie Indemnity, Lemonade, and Root, with increases ranging from 6.76% to 15.39%. Losers were eHealth, Crawford (with two different stock symbols), Oxbridge Re Holdings, Waterdrop, and Maiden Holdings, with declines between 2.26% and 9.21%. Notably, several companies released their Q4 earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 5:40 pm

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