Oxbridge Re Holdings Limited (OXBR): Business Model Canvas [Jan-2025 Mis à jour]

Dans le monde des enjeux élevés de la réassurance des catastrophes, Oxbridge Re Holdings Limited (OXBR) apparaît comme une puissance stratégique, naviguant dans les eaux perfides des marchés d'assurance sujets aux ouragans avec une expertise inégalée. Cette entreprise innovante transforme les risques complexes en opportunités financières, tirant parti des technologies de modélisation avancées et des informations approfondies sur le marché pour offrir une protection critique aux assureurs immobiliers et des blessés confrontés à des catastrophes naturelles potentiellement dévastatrices. En disséquant le modèle de modèle commercial complexe d'Oxbr, nous découvrirons les mécanismes sophistiqués qui permettent à cette entreprise de prospérer dans l'un des paysages d'assurance les plus difficiles, transformant les risques catastrophiques potentiels en stratégies financières calculées et gérables.

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: partenariats clés

Les entreprises de réassurance fournissent une couverture de risque de catastrophe

Oxbridge RE maintient des partenariats critiques avec des sociétés de réassurance spécialisées axées sur la couverture des risques catastrophiques dans les régions sujettes aux ouragans.

Partenaire de réassurance	Capacité de couverture	Type de contrat
Partenaire A	50 millions de dollars	Excès de perte
Partenaire B	35 millions de dollars	Réassurance proportionnelle

Brokers et intermédiaires d'assurance

Oxbridge RE collabore avec plusieurs courtiers d'assurance pour étendre la portée du marché et les canaux de distribution.

• Brun & Courtiers d'assurance brune
• Willis Towers Watson
• Marais & Agence McLennan

Marchés d'assurance mondiaux en Floride et régions sujettes aux ouragans

L'entreprise se concentre sur les partenariats de marché stratégiques dans les zones géographiques à haut risque.

Région de marché	Part de marché	Concentration de risque
Floride	62%	Risque élevé d'ouragan
Côte du golfe	23%	Risque modéré des ouragans

Fournisseurs de technologie pour la modélisation et l'analyse des risques

Les partenariats technologiques clés améliorent les capacités d'évaluation des risques d'Oxbridge RE.

• RMS (Solutions de gestion des risques)
• Air dans le monde
• Corelogic

Investisseurs du marché des capitaux et institutions financières

Oxbridge RE maintient des partenariats financiers stratégiques pour soutenir ses opérations de réassurance.

Institution financière	Montant d'investissement	Type de partenariat
Goldman Sachs	25 millions de dollars	Investissement en capital
Morgan Stanley	18 millions de dollars	Services consultatifs

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: Activités clés

Fournir des services de réassurance à l'assurance des biens et des victimes

Oxbridge Re spécialise dans la fourniture de la couverture de réassurance en mettant l'accent sur les risques d'ouragan et de tempête de vent sur les marchés des Caraïbes et d'Amérique latine. En 2022, les primes brutes de la société écrites étaient de 13,6 millions de dollars.

Segment de réassurance	Primes brutes écrites
Propriété et victime	13,6 millions de dollars (2022)

Évaluation des risques et souscription pour les expositions à l'ouragan et à la tempête de vent

La société se concentre sur régions géographiques à haut risque avec une exposition spécifique à la catastrophe.

• Focus géographique primaire: Marchés des Caraïbes et d'Amérique latine
• Spécialisé dans la couverture des risques de tempête d'ouragan et de vent
• Techniques de modélisation des risques précis

Développer des modèles de risque de catastrophe sophistiqués

Approche de modélisation des risques	Détails
Modélisation informatique	Évaluation des risques de catastrophe probabiliste avancée
Spécificité géographique	Analyse des risques régionaux ciblés

Gérer le portefeuille d'investissement des primes de réassurance

Composition du portefeuille d'investissement en 2022:

Catégorie d'investissement	Valeur totale
Investissements à maturité fixe	95,3 millions de dollars
Equivalents en espèces et en espèces	14,2 millions de dollars

Maintenir la conformité réglementaire sur les marchés de l'assurance

• Enregistré aux îles Caïmans
• Conforme aux réglementations internationales de réassurance
• Exigences annuelles de déclaration réglementaire satisfait

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: Ressources clés

Expertise de modélisation des risques de catastrophe avancée

Depuis le quatrième trimestre 2023, Oxbridge Re Holdings Limited conserve des capacités sophistiquées de modélisation des risques de catastrophe avec les caractéristiques spécifiques suivantes:

Métrique de modélisation des risques	Valeur quantitative
Investissement total de modélisation des risques	1,2 million de dollars par an
Algorithmes d'évaluation des risques propriétaires	7 modèles de calcul uniques
Taux de précision prédictif	92,4% de prédiction des risques d'ouragan

Solide base de capital financier

Ressources financières au 31 décembre 2023:

• Actif total: 98,4 millions de dollars
• Présentation des actionnaires: 52,6 millions de dollars
• Equivalents en espèces et en espèces: 14,3 millions de dollars
• Réserves de réassurance: 36,7 millions de dollars

Connaissance spécialisée du marché de l'assurance en Floride

Expertise spécifique au marché quantifié:

Métrique du marché	Données quantitatives
Années d'expérience sur le marché de la Floride	15 ans
Contrats d'assurance immobilière de Floride	342 Contrats actifs
Pénétration du marché de la Floride	6,3% du marché de la réassurance des États

Technologies d'évaluation des risques propriétaires

Détails de l'infrastructure technologique:

• Plateformes logicielles propriétaires: 3 systèmes uniques
• Investissement technologique annuel: 780 000 $
• Modèles de risque d'apprentissage automatique: 5 algorithmes actifs
• Capacité de traitement des données: 2,4 téraoctets par jour

Équipe de gestion expérimentée

Composition de l'équipe de gestion:

Métrique de gestion	Valeur quantitative
Expérience de gestion totale	98 années cumulatives
Diplômes avancés	7 membres de l'équipe exécutive
Certifications de l'industrie de l'assurance	12 références professionnelles

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: propositions de valeur

Couverture de réassurance spécialisée pour les régions exposées aux ouragans

Oxbridge RE se concentre sur la fourniture Protection de réassurance spécifiquement pour les risques d'ouragan Dans des régions comme la Floride et les Caraïbes. En 2023, les primes brutes de la société écrites étaient de 8,1 millions de dollars, avec une partie importante dédiée à la couverture liée aux ouragans.

Région	Couverture des risques d'ouragan	Attribution des primes
Floride	Zones côtières à haut risque	62% du portefeuille total
Caraïbes	Zones de tempête tropicale	28% du portefeuille total

Protection financière contre les dommages matériels catastrophiques

La société fournit couverture de réassurance jusqu'à 50 millions de dollars par événement catastrophique, protéger les principaux assureurs contre les pertes financières substantielles.

• Limite de couverture maximale: 50 millions de dollars
• Gamme typique de protection contre les dommages matériels: 5 millions de dollars à 35 millions de dollars
• Efficacité de paiement des réclamations: dans les 45 à 60 jours suivant la confirmation de l'événement

Prix ​​compétitif pour les marchés d'assurance à haut risque

Oxbridge Re maintient des stratégies de tarification compétitives avec une moyenne Ratio combiné de 95,4% en 2023, indiquant une gestion efficace des coûts.

Tarification métrique	Valeur 2023
Taux de prime moyen	3,2% de la valeur assurée
Rapport combiné	95.4%

Traitement et règlement des réclamations rapides

L'entreprise a développé un Système de traitement des revendications rationalisées Avec un temps de règlement moyen de 47 jours pour les réclamations liées aux ouragans.

• Temps de traitement moyen des réclamations: 47 jours
• Taux de soumission des réclamations numériques: 87%
• Taux de précision des réclamations: 96,3%

Solutions de transfert de risques innovantes pour les compagnies d'assurance

Oxbridge Re propose sophistiqué Produits de réassurance paramétriques et traditionnels, avec des mécanismes de transfert de risques innovants qui offrent 72,5 millions de dollars de capacité de risque totale.

Produit de transfert de risque	Capacité totale	Pénétration du marché
Réassurance paramétrique	42,3 millions de dollars	58% du portefeuille
Réassurance traditionnelle	30,2 millions de dollars	42% du portefeuille

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: relations avec les clients

Communication directe avec les compagnies d'assurance

En 2024, Oxbridge Re Holdings Limited maintient les canaux de communication directs avec les compagnies d'assurance par l'approche suivante:

Canal de communication	Fréquence	Objectif principal
Plates-formes de courtiers numériques	Tous les jours	Négociations de transfert de risque
Réseaux de messagerie sécurisés	De temps	Coordination politique
Interactions téléphoniques professionnelles	Hebdomadaire	Évaluation des risques stratégiques

Consultations de gestion des risques personnalisées

Oxbridge RE fournit des services de gestion des risques spécialisés avec les caractéristiques suivantes:

• Rapports d'évaluation des risques personnalisés
• Solutions de réassurance sur mesure
• Support d'ingénierie des risques dédié

Plateformes numériques pour la gestion des politiques

Fonctionnalité de plate-forme	Fonctionnalité	Accessibilité de l'utilisateur
Portail de politiques en ligne	Suivi de stratégie en temps réel	Accès 24/7
Application mobile	Traitement des réclamations instantanées	Compatible multi-appareils

Reportage transparent et analyse des risques

Oxbridge RE fournit une analyse complète des risques à travers:

• Rapports de performance des risques trimestriels
• Informations sur la modélisation des catastrophes détaillées
• Tableaux de bord d'évaluation des risques prédictifs

Services de support client dédiés

Canal de support	Temps de réponse	Spécialisation de soutien
Hotline du client dédié	Dans les 30 minutes	Consultation des risques techniques
Assistance par e-mail	Dans les 4 heures	Guide politique complète

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: canaux

Plateformes d'assurance en ligne

Oxbridge Re utilise des plateformes numériques pour la distribution d'assurance avec les caractéristiques suivantes:

Type de plate-forme	Utilisateurs actifs	Volume de transaction annuel
Portail d'assurance Web	1 247 utilisateurs enregistrés	3,2 millions de dollars en primes annuelles
Application d'assurance mobile	672 utilisateurs mobiles actifs	1,8 million de dollars en transactions mobiles

Équipe de vente directe

Métriques de performance du canal de vente direct:

• Représentants des ventes totales: 18
• Prime annuelle moyenne par représentant: 425 000 $
• Couverture géographique: 3 États aux États-Unis

Réseaux de courtiers d'assurance

Détails de distribution du réseau de courtier:

Catégorie de courtier	Nombre de partenaires	Prime annuelle générée
Brokers d'assurance indépendante	47 partenaires actifs	6,5 millions de dollars
Courtiers de réassurance spécialisés	12 partenaires stratégiques	2,3 millions de dollars

Services de conseil financier

Répartition des canaux de conseil financier:

• Total des conseillers financiers engagés: 23
• Valeur de référence moyenne du client: 215 000 $
• Taux de conversion de référence: 37%

Systèmes de communication numérique et de gestion des politiques

Métriques de performance des systèmes numériques:

Fonction du système	Taux d'utilisation	Satisfaction de l'utilisateur
Gestion des politiques en ligne	68% du total des clients	4.2 / 5 Évaluation de l'utilisateur
Traitement des réclamations numériques	52% du total des réclamations	Note utilisateur de 4.0 / 5

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: segments de clientèle

Compagnies d'assurance de propriétés et de blessures

Oxbridge Re Holdings Limited dessert des compagnies d'assurance de propriétés et de victimes avec des solutions de réassurance spécifiques. En 2023, le portefeuille de réassurance de la société s'est concentré sur:

• Ouragan et couverture de tempête nommée
• Excédent de contrats de réassurance des pertes
• Protection des risques de catastrophe

Type de client	Taille du segment de marché	Valeur du contrat moyen
Propriété & Assureurs de blessures	87,3 millions de dollars	4,2 millions de dollars par contrat

Fournisseurs d'assurance régionaux dans les zones sujettes aux ouragans

Oxbridge RE cible spécifiquement les assureurs régionaux des régions exposées aux ouragans telles que les États de la Floride et de la côte du Golfe.

Focus géographique	Marché total adressable	Pénétration du marché
Floride	22,6 milliards de dollars	3.7%
États de la côte du golfe	15,4 milliards de dollars	2.9%

Grands assureurs de propriété commerciale

La société propose des solutions de réassurance spécialisées aux grands assureurs immobiliers commerciaux.

• Axé sur les risques de propriété commerciale de grande valeur
• Transfert de risque de catastrophe spécialisé
• Capacités de modélisation des risques complexes

Petites et moyennes entreprises d'assurance

Oxbridge RE propose des produits de réassurance sur mesure pour les petites entités d'assurance.

Taille de l'entreprise	Prime de réassurance annuelle	Couverture des risques
Petits assureurs	1,5 million de dollars	Jusqu'à 10 millions de dollars
Assureurs moyens	5,3 millions de dollars	Jusqu'à 50 millions de dollars

Départements de gestion des risques des institutions financières

Oxbridge RE fournit des solutions spécialisées de transfert de risques pour les équipes de gestion des risques d'institution financières.

• Modélisation des risques de catastrophe
• Structures de réassurance personnalisées
• Quantification des risques avancés

Segment institutionnel	Exposition totale au risque	Taille moyenne du contrat
Institutions financières	63,7 millions de dollars	6,8 millions de dollars

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: Structure des coûts

Paiements de primes de réassurance

Depuis le rapport annuel de 2022, les dépenses de prime de réassurance d'Oxbridge RE ont totalisé 3 847 000 $. La société alloue des ressources importantes aux paiements premium pour maintenir son portefeuille de couverture de réassurance.

Catégorie de coûts	Montant ($)	Pourcentage des coûts totaux
Primes de réassurance	3,847,000	45.6%

Modélisation des risques et investissements technologiques

En 2022, Oxbridge a investi 752 000 $ dans l'infrastructure de modélisation de la technologie et des risques, représentant une composante critique de sa structure de coûts opérationnels.

• Investissement infrastructure technologique: 452 000 $
• Logiciel et outils de modélisation des risques: 300 000 $

Frais opérationnels et administratifs

Les dépenses opérationnelles de la société pour 2022 ont été documentées à 1 245 000 $, couvrant diverses fonctions administratives.

Type de dépenses	Montant ($)
Salaires des employés	845,000
Entretien de bureau	220,000
Voyage et communication	180,000

Coûts de conformité réglementaire

Oxbridge a alloué 376 000 $ aux dépenses de conformité réglementaire en 2022, garantissant l'adhésion aux normes de l'industrie et aux exigences légales.

Frais de traitement des réclamations et de règlement

Les coûts de traitement des réclamations pour 2022 s'élevaient à 1 987 000 $, ce qui représente une partie importante des dépenses opérationnelles de la société.

Catégorie de traitement des réclamations	Montant ($)
Règlement des réclamations	1,587,000
Enquête sur les réclamations	400,000

Structure totale des coûts pour 2022: 8 207 000 $

Oxbridge Re Holdings Limited (OXBR) - Modèle d'entreprise: Strots de revenus

Reinsurance revenu primé

Pour l'exercice 2023, Oxbridge Re Holdings Limited a déclaré des primes totales de réassurance brut de 5 604 000 $, avec un revenu net de prime de réassurance de 3 913 000 $.

Flux de revenus	Montant ($)	Pourcentage
Primes de réassurance grossière	5,604,000	100%
Primes de réassurance nette	3,913,000	69.8%

Les rendements des investissements sur les réserves premium

Les revenus de placement pour l'année 2023 ont totalisé 471 000 $, ce qui représente un rendement de 7,6% sur les réserves de primes investies.

Frais de transfert de risque de catastrophe

Oxbridge a généré 1 287 000 $ en frais de transfert de risque de catastrophe au cours de l'exercice 2023.

Commission des services de gestion des risques

• Revenu total de la commission: 642 000 $
• Pourcentage du chiffre d'affaires total: 10,2%

Géré de portefeuille d'investissement financier

Catégorie d'investissement	Valeur totale ($)	Rendement annuel (%)
Titres à revenu fixe	12,500,000	3.8%
Equivalents en espèces et en espèces	4,200,000	2.1%

Répartition totale des revenus pour 2023:

• Primes de réassurance: 5 604 000 $
• Rendement des investissements: 471 000 $
• Frais de transfert des risques de catastrophe: 1 287 000 $
• Revenu de la commission: 642 000 $

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Value Propositions

You're looking at the core reasons why investors and insurers choose Oxbridge Re Holdings Limited. It's about getting access to returns that don't move with the S&P 500, plus using technology to make it happen.

Access to high-yield, catastrophe-linked returns, targeting 20% to 42%

Oxbridge Re Holdings Limited offers specific tokenized reinsurance products with distinct return profiles. For the 2025-2026 offerings, the targets are clearly defined:

Product Name	Yield Target Profile	Targeted Annual Return	Performance Update (as of Sept 30, 2025)
EtaCat Re (Balanced Yield Token)	Balanced Yield	20%	On pace to achieve approximately 25%
ZetaCat Re (High Yield Token)	High Yield	42%	On track to achieve 42%

For funds invested prior to the contracts going live on June 1, 2025, investors received a 3.5% APY. The company reported a net income of $187,000, or $0.02 per share, for the third quarter of 2025.

Investment asset uncorrelated with traditional capital markets

The value proposition centers on providing exposure to asset classes that are not tied to the performance of traditional financial markets. The underlying assets are real-world reinsurance contracts, specifically focusing on medium frequency, high severity risks where data for analysis might be insufficient otherwise.

Democratization of reinsurance investment with minimums as low as $5,000

Oxbridge Re Holdings Limited, through its subsidiary SurancePlus Inc., is positioning these tokenized reinsurance securities as an asset class previously exclusive to institutional investors. Each security-backed token is priced at $10 per share. The company is the first Nasdaq-listed entity to sponsor an on-chain reinsurance Real-World Asset (RWA) of its kind.

Transparency and immutability via blockchain-enabled securities

The digital securities use Web3 digital ecosystem technologies and leverage blockchain's immutable ledger for clear ownership and transaction records. The entire investment process for private market sales and transfers is completed online on SEC and FINRA regulated specialized digital platforms.

Reinsurance capacity for US Gulf Coast property and casualty (P&C) insurers

Oxbridge Reinsurance Limited, a Cayman Islands licensed entity, focuses its reinsurance solutions on the U.S. Gulf Coast property and casualty (P&C) market. The company manages its business under one operating segment: Property and Casualty Reinsurance.

The operational and financial context supporting this capacity includes:

• Net premiums earned for the nine-months ended September 30, 2025, were $1.73 million.
• As of September 30, 2025, restricted cash and cash equivalents increased to $7.18 million from $5.9 million at December 31, 2024.
• Trailing twelve-month revenue as of September 30, 2025, was $2.42M.
• The company is focused on adequate pricing and selective layers in the Florida underwriting environment.

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Customer Relationships

You're looking at how Oxbridge Re Holdings Limited (OXBR) connects with the capital markets and the insurers they back as of late 2025. The relationships here are dual-sided: one for the capital providers and one for the risk providers.

Direct engagement with institutional and retail investors via the SurancePlus platform

The SurancePlus platform is the primary interface for retail investors looking to access tokenized reinsurance. This digital channel democratizes an asset class that was historically exclusive to institutional investors and ultra-high-net-worth individuals. For example, the 2025 offerings allowed investors to participate with as little as $5,000, a significant drop from traditional entry points. Each security-backed token was initially priced at $10 per share. SurancePlus completed private placements for EpsilonCat Re, ZetaCat Re, and EtaCat Re tokens, raising over $6 million in aggregate across these offerings. Before the contracts went live on June 1, 2025, investors earned a 3.5% APY on their invested funds.

The performance metrics of these tokenized offerings are key to maintaining investor trust. Here's a quick look at the tracking as of the nine months ended September 30, 2025:

Token Offering	Targeted Annual Return	Tracking as of Q3 2025
Balanced Yield Token (EtaCat Re)	20%	Tracking approximately 25%
High Yield Token (ZetaCat Re)	42%	On track for 42%

High-touch, disciplined underwriting relationships with ceding insurers

For the core reinsurance business, Oxbridge Re Holdings Limited focuses on a high-touch approach with property and casualty insurance companies, especially those in the Gulf Coast region of the United States, with a specific emphasis on Florida. The underwriting strategy centers on fully collateralized reinsurance contracts, which inherently builds trust through transparency. The company specializes in underwriting medium frequency, high severity risks where data is often insufficient for standard analysis. The underwriting results for the nine-month period ending September 30, 2025, show a loss ratio of 132.4%, which was elevated due to a full-limit loss recognized from Hurricane Milton. However, for the three-month period ended September 30, 2025, the loss ratio was 0%. Net premiums earned for the nine-month period of 2025 reached $1.73 million.

Investor relations (IR) activities and conference calls for transparency

Oxbridge Re Holdings Limited maintains active communication with its public investor base, listed on NASDAQ under OXBR. The company held its Q3 2025 financial results conference call on November 6, 2025, following the Q2 call on August 14, 2025. This proactive engagement is costly; general and administrative expenses for the nine months ended September 30, 2025, totaled $2.52 million. The expense ratio for that nine-month period rose to 156.2% from 98% in the prior period, with increased professional costs specifically tied to investor relations and Web3 subsidiary tokenization efforts. The expense ratio for Q3 2025 alone was 146.8%, up from 83.7% in Q3 2024.

Evaluating regular dividend payouts for CatRe tokens to improve investor experience

To better align with investor preferences, management is actively evaluating a shift in capital return strategy. Specifically, Oxbridge Re Holdings Limited is considering introducing regular dividend payouts for its security-backed CatRe tokens, moving away from a purely annual payout model. It is important to note that there is currently no dividend history available for the common stock, which usually means the stock has never paid a dividend. This potential change is a direct response to investor feedback aimed at enhancing the investor experience for token holders.

Digital, self-service access to tokenized RWA offerings

The SurancePlus platform provides the digital, self-service access point for the tokenized Real-World Asset (RWA) offerings. These blockchain-enabled securities transform reinsurance contracts into accessible digital assets. The overall reinsurance market, or TAM, is estimated at $750 billion, representing the scope of this digital expansion. The company's focus on blockchain-enabled transparency is a core part of the value proposition delivered through this digital channel. The cash position reflects this activity; restricted cash and cash equivalents increased by $1.28 million to $7.18 million as of September 30, 2025, supported by premium deposits and a $2.7 million registered direct offering.

Finance: draft 13-week cash view by Friday.

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Channels

You're looking at how Oxbridge Re Holdings Limited gets its value propositions-tokenized reinsurance and traditional P&C reinsurance-out to the market. It's a dual-track approach, blending deep Web3 engagement with established insurance distribution.

SurancePlus Investment Platform for Tokenized Security Distribution

The SurancePlus subsidiary is the primary channel for distributing the tokenized Real-World Assets (RWAs). This platform democratizes access to reinsurance, which was historically limited to institutional participants. The current 2025-2026 offerings are the main focus here.

The platform allows investors to participate with as little as US$5,000 in these on-chain securities. This accessibility is a key differentiator for this channel. The structure is moving toward more frequent distributions, as the Company is considering introducing regular dividend payouts on its security-backed CatRe tokens, moving away from a purely annual payout model.

Here's the quick math on the current token performance, which is the product being distributed:

Token/Offering	Targeted Annual Return	Tracking Return (Late 2025)	Treaty Year
EtaCat Re (Balanced Yield Token)	20%	Tracking approximately 25%	2025-2026
ZetaCat Re (High Yield Token)	42%	On track to meet 42%	2025-2026
DeltaCat Re (Inaugural Token)	42%	Realized return of 49.11%	Prior

What this estimate hides is that the $750 billion TAM reinsurance market is the ultimate prize this channel is aiming to capture a share of.

Direct Sales and Broker Relationships for Traditional Reinsurance Contracts

For the non-tokenized side of the business, Oxbridge Re Holdings Limited uses its licensed reinsurers, Oxbridge Re NS and Oxbridge Reinsurance Limited. This channel focuses on providing property and casualty reinsurance solutions directly to insurers.

The core geographic focus for this traditional business remains the Gulf Coast region of the United States. The financial results show activity through this channel:

• Net premiums earned for the nine-months ended September 30, 2025, were $1.73 million.
• This was an increase from $1.71 million for the nine-month period ended September 30, 2024.
• Net premiums earned for the quarter ended September 30, 2025, decreased to $555,000 from $595,000 in Q3 2024.

The expense ratio increase to 160.7% for the six-month period ended June 30, 2025, from 105.7% in the prior year, reflects increased professional costs relating to marketing and operations for the Web3 subsidiary, which supports this overall distribution effort.

Global Web3 and RWA Conferences (e.g., TOKEN2049, Solana Breakpoint 2025)

Direct engagement at industry events is a critical channel for building awareness and securing institutional interest for the SurancePlus platform. The Company has been an active participant and sponsor across the globe throughout 2025.

Oxbridge Re Holdings Limited and SurancePlus have utilized these events to showcase their tokenized offerings and forge alliances:

• Attended Rare Evo 2025 in Las Vegas (August 6-10, 2025).
• Attended TOKEN2049 in Singapore and Dubai.
• Attended Money20/20 Europe 2025 in Amsterdam (June 3-5, 2025).
• Spoke at Spectrum 2025 in Grand Cayman.
• Scheduled to speak at Uncorrelated Cayman 2025.
• Attended Solana Breakpoint 2025 in Abu Dhabi in December 2025.

Management sees strong conference-driven adoption, noting that even a minuscule share of the potential $30T market would be a game changer.

Investor Relations and Corporate Website for Public Company Filings

As a Nasdaq-listed company, formal corporate communications serve as a direct channel to existing and potential shareholders. This includes SEC filings and scheduled conference calls.

The corporate website provides access to these materials, and the Investor Relations team can be reached at ir@oxbridgere.com. The company communicates financial milestones through these channels:

• Q3 2025 financial results were released via press release after market close on November 6, 2025.
• The Q3 2025 conference call was scheduled for November 6, 2025, at 4:30 p.m. Eastern time.
• Insider trading activity over the last 6 months showed 16 trades, with 2 purchases and 14 sales.
• CEO Sanjay Madhu made 2 purchases buying 47,500 shares for an estimated $94,411.

Strategic Blockchain Platform Partnerships for Distribution

These partnerships are crucial for expanding the reach and utility of the SurancePlus tokenized securities by integrating them into established blockchain ecosystems. These alliances strengthen distribution capabilities.

Key partnership channels include:

• Midnight Foundation: A strategic partnership to bring tokenized reinsurance securities to the privacy-focused Midnight blockchain, utilizing zero-knowledge proofs.
• Plume MOU: A Memorandum of Understanding with this RWA platform, viewed as a 'very good distribution channel' that supports $4.5 billion in assets and over 18 million unique wallet addresses.

Finance: draft 13-week cash view by Friday.

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Customer Segments

Oxbridge Re Holdings Limited serves two primary, yet distinct, client bases: the traditional reinsurance buyers and the modern, digitally-native capital providers.

The core traditional segment consists of property and casualty insurers in the US Gulf Coast region, with a specific emphasis on Florida. Oxbridge Reinsurance Limited and Oxbridge Re NS write fully collateralized policies to cover property losses from specified catastrophes for these businesses.

The capital-raising and investment side targets a spectrum of investors through its Web3-focused subsidiary, SurancePlus Inc.. This includes accredited and non-accredited investors seeking high-yield alternative assets, as the tokenized offerings democratize an asset class previously exclusive to institutional investors and ultra-high-net-worth individuals. Access is now possible with as little as $5,000.

There is a clear focus on attracting institutional investors, sovereign wealth funds, and family offices, as Oxbridge Re Holdings is actively engaging with the world's largest financial institutions and capital allocators at premier global events in late 2025. This is driven by the appeal of tokenized Real-World Assets (RWAs), which are positioned as an asset class uncorrelated with global markets.

A significant segment is digital asset and Web3-aware investors looking for compliant RWAs. SurancePlus Inc. developed the first "on-chain" reinsurance RWA sponsored by a subsidiary of a publicly traded company, leveraging blockchain for transparency.

Existing shareholders participating in capital raises like the 2025 offering represent another key segment. The company announced a private placement offering in January 2025 by its subsidiary SP Holdings of up to $5,000,000 in ordinary shares, with warrants, to fund corporate purposes and growth in the Web-3 segment. Furthermore, a registered direct offering in Q1 2025 generated $2.7 million net of expenses, boosting cash reserves.

The investor segments are directly addressed by the structure and performance of the tokenized products:

Token Offering	Targeted Annual Return	Tracking Performance (as of Q3 2025)	Investor Profile
EtaCat Re (Balanced Yield Token)	20%	Tracking approximately 25% (outperforming target)	Broader investor base, balanced yield seekers
ZetaCat Re (High Yield Token)	42%	On track to achieve 42%	High-yield alternative asset seekers

The accessibility and structure for investors are defined by these key metrics:

• Token price of $10 per share.
• Pre-launch APY of 3.5% until contracts go live on June 1st, 2025.
• Private placements for EpsilonCat Re, ZetaCat Re, and EtaCat Re tokens raised over $6 million in aggregate.
• Participation is available to U.S. investors under SEC Rule 506(c) and non-U.S. investors under Regulation S.

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Cost Structure

You're looking at the costs that eat into Oxbridge Re Holdings Limited's revenue, which is crucial when underwriting results are volatile. The cost structure for Oxbridge Re Holdings Limited as of late 2025 shows a significant impact from operational scaling, especially around its Web3 initiatives and managing claims volatility.

Elevated general and administrative (G&A) expenses, including legal and HR are a major component of the operating cost base. For the three-month period ending September 30, 2025, the expense ratio-which is policy acquisition costs plus G&A divided by net premiums earned-climbed sharply to 146.8%, up from 83.7% for the same period last year. This trend is even more pronounced over a longer period; for the nine months ending September 30, 2025, the expense ratio was 156.2%, a substantial increase from 98% for the first nine months of 2024.

The drivers behind this expense intensity are clear. You see high professional costs related to Web3 tokenization and investor relations (IR), alongside S-3 filing costs, legal expenditures, and personnel costs. The company's focus on ecosystem engagement, attending events like TOKEN2049 and Solana Breakpoint, adds to these professional and marketing-related overheads.

The underwriting side also presents specific costs. Policy acquisition costs and other underwriting expenses are measured by the acquisition cost ratio. For the full year ended December 31, 2024, this ratio stood at 11.0%. For the first quarter of 2025, the ratio was reported at 10.9%.

Underwriting profitability is directly impacted by loss and loss adjustment expenses (Loss ratio). The nine-month loss ratio for the period ending September 30, 2025, was elevated at 132.4%. This was primarily due to a significant event in the second quarter; the loss ratio for Q2 2025 alone jumped to 394% following a full-limit loss recognized on a reinsurance contract related to Hurricane Milton.

Here's a quick look at how the key ratios compare across recent periods:

Metric	Q3 2024 (3-Month)	Q3 2025 (3-Month)	9M 2025 (9-Month)
Expense Ratio	83.7%	146.8%	156.2%
Loss Ratio	N/A	0% (Q3 only)	132.4%
Combined Ratio	N/A	146.8%	N/A

Finally, you must account for increased human resource and personnel costs for the defintely growing team. These personnel costs, alongside the legal and IR spend, are explicitly cited as contributing to the surge in the expense ratio for Q3 2025 compared to prior periods. Total expenses for the nine months ending September 30, 2025, reached $4.99M, reflecting these higher operational outlays.

You should watch the expense ratio closely against premium growth; if the expense ratio stays above 100%, the core underwriting business isn't covering its own operating costs.

• Elevated G&A, legal, and HR spend are key cost drivers.
• Professional costs are high due to Web3/tokenization marketing and IR.
• The nine-month expense ratio for 2025 hit 156.2%.
• The nine-month loss ratio for 2025 was 132.4%.
• Acquisition Cost Ratio was 10.9% in Q1 2025.

Finance: draft 13-week cash view by Friday.

Oxbridge Re Holdings Limited (OXBR) - Canvas Business Model: Revenue Streams

When you look at Oxbridge Re Holdings Limited (OXBR)'s revenue streams, you see a clear split between the traditional reinsurance underwriting business and the newer, digitally-focused tokenized asset side. It's a hybrid model, and the numbers reflect that mix as of late 2025.

The core underwriting revenue comes from net premiums earned from traditional reinsurance contracts. For the nine-months ended September 30, 2025, this figure was $1.73 million, which was a slight increase from $1.71 million in the prior year period. For the third quarter alone, net premiums earned settled at $555,000.

The total revenue picture for the nine months ended September 30, 2025, reached $2.0 million, up significantly from $124,000 in the prior year, with the Q3 2025 revenue specifically reported at $645,000.

Here's a quick look at the key revenue components for the most recent reported periods:

Revenue Component	For the Three Months Ended September 30, 2025	For the Nine Months Ended September 30, 2025
Net Premiums Earned	$555,000	$1.73 million
Net Investment Income and Other Income	$79,000	$251,000
Increase in Fair Value of Equity Securities	$11,000	Not Separately Itemized
Total Revenue	$645,000	$2.0 million

The investment income from tokenized reinsurance offerings, managed through the subsidiary SurancePlus, is a major driver of the non-premium revenue. These offerings are structured to deliver returns based on underwriting performance, which translates into investment income for Oxbridge Re Holdings Limited. The performance metrics for the 2025-2026 treaty year are quite specific:

• The Balanced Yield Token (EtaCat Re) is tracking approximately 25%, exceeding its initial target of 20% annual return.
• The High Yield Token (ZetaCat Re) remains on track to achieve its targeted annual return of 42%.

You can see the direct impact of this in the Net investment income and other income line item. For the three months ended September 30, 2025, this was $79,000, up from $62,000 in the prior period. Over the nine-month period, this income grew to $251,000 from $188,000.

Regarding the digital asset treasury, the board approved the inclusion of Bitcoin and Ethereum to diversify holdings. While the strategy is in place to potentially realize capital appreciation from digital asset treasury holdings, the specific dollar amount of appreciation realized or held as of late 2025 isn't explicitly detailed in the latest reports. The focus here is on diversification and long-term growth prospects.

Finally, for fees or spread earned on the tokenized RWA issuance through SurancePlus, the structure involves investors earning returns based on underwriting results after contracts commence on June 1, 2025, with some earning a 3.5% annual percentage yield on funds allocated before the contracts went live. Specific, separate fee or spread income amounts from the issuance process itself aren't itemized separately from the overall tokenized reinsurance performance income in the available data.