Oxbridge Re Holdings Limited (OXBR): Modelo de negócios Canvas [Jan-2025 Atualizado]

No mundo da catástrofe, o Oxbridge Re Holdings Limited (OXBR) surge como uma potência estratégica, navegando nas águas traiçoeiras dos mercados de seguros propensos a furacões com experiência incomparável. Esta empresa inovadora transforma riscos complexos em oportunidades financeiras, alavancando tecnologias avançadas de modelagem e insights profundos do mercado para fornecer proteção crítica para as seguradoras de propriedades e casuais que enfrentam desastres naturais potencialmente devastadores. Ao dissecar a intrincada modelo de negócios da OxBR, descobriremos os mecanismos sofisticados que permitem que essa empresa prospere em uma das paisagens de seguros mais desafiadoras, transformando possíveis riscos catastróficos em estratégias financeiras calculadas e gerenciáveis.

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: Parcerias -chave

Empresas de resseguro que fornecem cobertura de risco de catástrofe

O Oxbridge Re mantém parcerias críticas com empresas de resseguros especializadas focadas na cobertura de risco catastrófico em regiões propensas a furacões.

Parceiro de resseguro	Capacidade de cobertura	Tipo de contrato
Parceiro a	US $ 50 milhões	Excesso de perda
Parceiro b	US $ 35 milhões	Resseguro proporcional

Corretores de seguros e intermediários

O Oxbridge re colabora com vários corretores de seguros para expandir os canais de alcance e distribuição do mercado.

• Marrom & Corretores de seguros marrons
• Willis Towers Watson
• Pântano & Agência McLennan

Mercados de seguros globais na Flórida e regiões propensas a furacões

A empresa se concentra em parcerias de mercado estratégicas em áreas geográficas de alto risco.

Região de mercado	Quota de mercado	Concentração de risco
Flórida	62%	Alto risco de furacão
Costa do Golfo	23%	Risco moderado de furacões

Provedores de tecnologia para modelagem e análise de risco

Principais parcerias de tecnologia aprimoram os recursos de avaliação de risco da Oxbridge Re.

• RMS (Soluções de Gerenciamento de Risco)
• Aéreo em todo o mundo
• CoreLogic

Investidores do mercado de capitais e instituições financeiras

O Oxbridge RE mantém parcerias financeiras estratégicas para apoiar suas operações de resseguro.

Instituição financeira	Valor do investimento	Tipo de parceria
Goldman Sachs	US $ 25 milhões	Investimento de capital
Morgan Stanley	US $ 18 milhões	Serviços de consultoria

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: Atividades -chave

Fornecendo serviços de resseguro para seguro de propriedade e vítimas

O Oxbridge RE é especializado em fornecer cobertura de resseguro com foco nos riscos de furacões e tempestades de vento nos mercados do Caribe e da América Latina. Em 2022, os prêmios brutos da empresa escritos foram de US $ 13,6 milhões.

Segmento de resseguro	Prêmios brutos escritos
Propriedade e vítima	US $ 13,6 milhões (2022)

Avaliação e subscrição de risco para exposições de furacões e tempestades de vento

A empresa se concentra em Regiões geográficas de alto risco com exposição específica de catástrofe.

• Foco geográfico primário: mercados caribenhos e latino -americanos
• Especializada em cobertura de risco de furacão e tempestade de vento
• Técnicas precisas de modelagem de risco

Desenvolvendo modelos sofisticados de risco de catástrofe

Abordagem de modelagem de risco	Detalhes
Modelagem Computacional	Avaliação avançada de risco de catástrofe probabilística
Especificidade geográfica	Análise de risco regional direcionado

Gerenciando portfólio de investimentos de prêmios de resseguro

Composição do portfólio de investimentos em 2022:

Categoria de investimento	Valor total
Investimentos de maturidade fixos	US $ 95,3 milhões
Caixa e equivalentes de dinheiro	US $ 14,2 milhões

Mantendo a conformidade regulatória nos mercados de seguros

• Registrado nas Ilhas Cayman
• Compatível com regulamentos internacionais de resseguro
• Requisitos anuais de relatórios regulatórios atendidos

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: Recursos -chave

Especialização avançada de modelagem de riscos de catástrofe

A partir do quarto trimestre 2023, a Oxbridge Re Holdings Limited mantém recursos sofisticados de modelagem de risco de catástrofe com as seguintes características específicas:

Métrica de modelagem de risco	Valor quantitativo
Investimento total de modelagem de risco	US $ 1,2 milhão anualmente
Algoritmos de avaliação de risco proprietários	7 modelos computacionais exclusivos
Taxa de precisão preditiva	92,4% de previsão de risco de furacão

Forte base de capital financeiro

Recursos financeiros em 31 de dezembro de 2023:

• Total de ativos: US $ 98,4 milhões
• Equidade dos acionistas: US $ 52,6 milhões
• Caixa e equivalentes em dinheiro: US $ 14,3 milhões
• Reservas de resseguros: US $ 36,7 milhões

Conhecimento especializado do mercado de seguros da Flórida

Quantificação de experiência específica do mercado:

Métrica de mercado	Dados quantitativos
Anos de experiência no mercado da Flórida	15 anos
Contratos de seguro de propriedade da Flórida	342 contratos ativos
Penetração no mercado da Flórida	6,3% do mercado de resseguros estaduais

Tecnologias de avaliação de risco proprietárias

Detalhes da infraestrutura de tecnologia:

• Plataformas de software proprietárias: 3 sistemas exclusivos
• Investimento de tecnologia anual: US $ 780.000
• Modelos de risco de aprendizado de máquina: 5 algoritmos ativos
• Capacidade de processamento de dados: 2,4 terabytes por dia

Equipe de gerenciamento experiente

Composição da equipe de gerenciamento:

Métrica de Gerenciamento	Valor quantitativo
Experiência total de gerenciamento	98 anos cumulativos
Graus avançados	7 membros da equipe executiva
Certificações do setor de seguros	12 credenciais profissionais

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: proposições de valor

Cobertura de resseguro especializada para regiões expostas ao furacão

Oxbridge Re se concentra em fornecer Proteção de resseguros especificamente para riscos de furacões Em regiões como a Flórida e o Caribe. Em 2023, os prêmios brutos da empresa escritos foram de US $ 8,1 milhões, com uma parcela significativa dedicada à cobertura relacionada a furacões.

Região	Cobertura de risco de furacão	Alocação de prêmios
Flórida	Áreas costeiras de alto risco	62% do portfólio total
Caribe	Zonas de tempestade tropical	28% do portfólio total

Proteção financeira contra danos catastróficos da propriedade

A empresa fornece Cobertura de resseguro até US $ 50 milhões por evento catastrófico, protegendo as seguradoras primárias de perdas financeiras substanciais.

• Limite máximo de cobertura: US $ 50 milhões
• Faixa típica de proteção de danos à propriedade: US $ 5 milhões a US $ 35 milhões
• Eficiência de pagamento de reivindicações: dentro de 45 a 60 dias após a confirmação do evento

Preços competitivos para mercados de seguros de alto risco

Oxbridge re mantém estratégias de preços competitivas com uma média proporção combinada de 95,4% em 2023, indicando gerenciamento de custos eficientes.

Métrica de precificação	2023 valor
Taxa de prêmio médio	3,2% do valor segurado
Proporção combinada	95.4%

Processamento e liquidação de reivindicações rápidas

A empresa desenvolveu um Sistema de processamento de reivindicações simplificado com um tempo médio de liquidação de 47 dias para reivindicações relacionadas ao furacão.

• Tempo médio de processamento de reivindicações: 47 dias
• Taxa de envio de reivindicações digitais: 87%
• Taxa de precisão de reivindicações: 96,3%

Soluções inovadoras de transferência de risco para companhias de seguros

Oxbridge re oferece sofisticado Produtos de resseguros paramétricos e tradicionais, com mecanismos inovadores de transferência de risco que fornecem US $ 72,5 milhões em capacidade total de risco.

Produto de transferência de risco	Capacidade total	Penetração de mercado
Resseguração paramétrica	US $ 42,3 milhões	58% do portfólio
Resseguro tradicional	US $ 30,2 milhões	42% do portfólio

Oxbridge Re Holdings Limited (OXBR) - Modelo de Negócios: Relacionamentos do Cliente

Comunicação direta com operadoras de seguros

A partir de 2024, a Oxbridge Re Holdings Limited mantém canais de comunicação direta com operadoras de seguros através da seguinte abordagem:

Canal de comunicação	Freqüência	Propósito primário
Plataformas de corretores digitais	Diário	Negociações de transferência de risco
Redes de e -mail seguras	A cada hora	Coordenação de políticas
Interações telefônicas profissionais	Semanalmente	Avaliação Estratégica de Risco

Consultas de gerenciamento de riscos personalizados

Oxbridge Re fornece serviços especializados de gerenciamento de riscos com as seguintes características:

• Relatórios de avaliação de risco personalizados
• Soluções de resseguro personalizadas
• Suporte dedicado à engenharia de risco

Plataformas digitais para gerenciamento de políticas

Recurso da plataforma	Funcionalidade	Acessibilidade do usuário
Portal de Política Online	Rastreamento de políticas em tempo real	Acesso 24/7
Aplicativo móvel	Processamento de reivindicações instantâneas	Compatível com vários dispositivos

Relatórios transparentes e análise de risco

Oxbridge re oferece análises de risco abrangentes por meio de:

• Relatórios trimestrais de desempenho de risco
• Insights detalhados de modelagem de catástrofe
• Painéis de avaliação de risco preditivos

Serviços dedicados de suporte ao cliente

Canal de suporte	Tempo de resposta	Especialização de suporte
Linha direta de cliente dedicada	Dentro de 30 minutos	Consulta de risco técnico
Suporte por e -mail	Dentro de 4 horas	Orientação política abrangente

Oxbridge Re Holdings Limited (OXBR) - Modelo de Negócios: Canais

Plataformas de seguro online

O Oxbridge Re utiliza plataformas digitais para distribuição de seguros com as seguintes características:

Tipo de plataforma	Usuários ativos	Volume anual de transações
Portal de seguro baseado na Web	1.247 usuários registrados	US $ 3,2 milhões em prêmios anuais
Aplicativo de seguro móvel	672 usuários móveis ativos	US $ 1,8 milhão em transações móveis

Equipe de vendas diretas

Métricas de desempenho do canal de vendas diretas:

• Total de Representantes de Vendas: 18
• Premium anual médio por representante: US $ 425.000
• Cobertura geográfica: 3 estados nos Estados Unidos

Redes de corretoras de seguros

Detalhes da distribuição de rede de corretoras:

Categoria de corretor	Número de parceiros	Prêmio anual gerado
Corretores de seguros independentes	47 parceiros ativos	US $ 6,5 milhões
Corretores de resseguros especializados	12 parceiros estratégicos	US $ 2,3 milhões

Serviços de Consultoria Financeira

Financeiro de consultoria financeira Avaria:

• Total de consultores financeiros envolvidos: 23
• Valor médio de referência do cliente: $ 215.000
• Taxa de conversão de referência: 37%

Sistemas de comunicação digital e gerenciamento de políticas

Métricas de desempenho de sistemas digitais:

Recurso do sistema	Taxa de utilização	Satisfação do usuário
Gerenciamento de políticas on -line	68% do total de clientes	4.2/5 Classificação do usuário
Processamento de reivindicações digitais	52% do total de reivindicações	Classificação do usuário 4.0/5

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: segmentos de clientes

Companhias de seguros de propriedade e vítimas

A Oxbridge Re Holdings Limited serve empresas de seguros de propriedade e vítimas com soluções de resseguros específicas. Em 2023, o portfólio de resseguros da empresa se concentrou:

• Hurricane e Cobertura de Tempestade nomeada
• Excesso de contratos de resseguro de perda
• Proteção ao risco de catástrofe

Tipo de cliente	Tamanho do segmento de mercado	Valor médio do contrato
Propriedade & Seguradoras de vítimas	US $ 87,3 milhões	US $ 4,2 milhões por contrato

Provedores de seguros regionais em áreas propensas a furacões

O Oxbridge RE tem como alvo especificamente os provedores de seguros regionais em regiões expostas ao furacão, como os estados da Costa da Flórida e Golfo.

Foco geográfico	Mercado endereçável total	Penetração de mercado
Flórida	US $ 22,6 bilhões	3.7%
Estados da Costa do Golfo	US $ 15,4 bilhões	2.9%

Grandes seguradoras de propriedade comercial

A empresa fornece soluções de resseguros especializadas para grandes seguradoras de propriedades comerciais.

• Focado em riscos de propriedade comercial de alto valor
• Transferência especializada de risco de catástrofe
• Recursos complexos de modelagem de risco

Empresas de seguros pequenas e médias

O Oxbridge Re oferece produtos de resseguro personalizado para entidades de seguros menores.

Tamanho comercial	Premium de resseguro anual	Cobertura de risco
Pequenas seguradoras	US $ 1,5 milhão	Até US $ 10 milhões
Seguradoras médias	US $ 5,3 milhões	Até US $ 50 milhões

Departamentos de Gerenciamento de Riscos de Instituições Financeiras

O Oxbridge Re fornece soluções especializadas de transferência de risco para equipes de gerenciamento de riscos da instituição financeira.

• Modelagem de risco de catástrofe
• Estruturas de resseguros personalizadas
• Quantificação avançada de risco

Segmento institucional	Exposição total ao risco	Tamanho médio do contrato
Instituições financeiras	US $ 63,7 milhões	US $ 6,8 milhões

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: estrutura de custos

Pagamentos premium de resseguro

No relatório anual de 2022, as despesas de prêmio de resseguro da Oxbridge Re totalizaram US $ 3.847.000. A empresa aloca recursos significativos para pagamentos premium para manter seu portfólio de cobertura de resseguros.

Categoria de custo	Valor ($)	Porcentagem de custos totais
Prêmios de resseguro	3,847,000	45.6%

Modelagem de risco e investimentos em tecnologia

Em 2022, a Oxbridge Re investiu US $ 752.000 em infraestrutura de tecnologia e modelagem de risco, representando um componente crítico de sua estrutura de custos operacionais.

• Investimento de infraestrutura de tecnologia: US $ 452.000
• Software e ferramentas de modelagem de risco: US $ 300.000

Despesas operacionais e administrativas

As despesas operacionais da empresa para 2022 foram documentadas em US $ 1.245.000, cobrindo várias funções administrativas.

Tipo de despesa	Valor ($)
Salários dos funcionários	845,000
Manutenção do escritório	220,000
Viagens e comunicação	180,000

Custos de conformidade regulatória

A Oxbridge re alocou US $ 376.000 para despesas de conformidade regulatória em 2022, garantindo a adesão aos padrões e requisitos legais do setor.

Reclamações de processamento e despesas de liquidação

Os custos de processamento de reivindicações para 2022 totalizaram US $ 1.987.000, representando uma parcela significativa das despesas operacionais da empresa.

Categoria de processamento de reivindicações	Valor ($)
Liquidação de reivindicações	1,587,000
Investigação de reivindicações	400,000

Estrutura de custo total para 2022: US $ 8.207.000

Oxbridge Re Holdings Limited (OXBR) - Modelo de negócios: fluxos de receita

Receita premium de resseguro

Para o ano fiscal de 2023, a Oxbridge Re Holdings Limited registrou prêmios totais de resseguro bruto de US $ 5.604.000, com uma receita de prêmio de resseguro líquido de US $ 3.913.000.

Fluxo de receita	Valor ($)	Percentagem
Prêmios de resseguro bruto	5,604,000	100%
Prêmios de resseguro líquido	3,913,000	69.8%

Retornos de investimento em reservas premium

A receita de investimento para o ano de 2023 totalizou US $ 471.000, representando um retorno de 7,6% nas reservas premium investidas.

Taxas de transferência de risco de catástrofe

O Oxbridge re gerou US $ 1.287.000 em taxas de transferência de risco de catástrofe durante o ano fiscal de 2023.

Comissão de serviços de gerenciamento de riscos

• Renda total da comissão: US $ 642.000
• Porcentagem de receita total: 10,2%

Ganhos de portfólio de investimentos financeiros

Categoria de investimento	Valor total ($)	Retorno anual (%)
Títulos de renda fixa	12,500,000	3.8%
Caixa e equivalentes de dinheiro	4,200,000	2.1%

Repartição total da receita para 2023:

• Prêmios de resseguro: US $ 5.604.000
• Retornos de investimento: US $ 471.000
• Taxas de transferência de risco de catástrofe: US $ 1.287.000
• Receita da comissão: US $ 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.