Oxbridge Re (www.oxbridgere.com) is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through Oxbridge Re’s licensed reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge RE NS, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re specializes in underwriting medium frequency, high severity risks, where it believes sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts and it makes investments that can contribute to the growth of capital and surplus in its licensed reinsurance subsidiaries over time. The company’s ordinary shares and warrants trade on the NASDAQ Capital Market under the symbols “OXBR” and “OXBRW,” respectively.
Company profile
Ticker
OXBR
Exchange
Website
CEO
Sanjay Madhu
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Oxbridge Reinsurance Limited • Oxbridge Re NS Limited • SurancePlus Holdings Ltd • DSN Blockchain Technologies Ltd. • OAC Equity Holdings LLC • SurancePlus, Inc. ...
OXBR stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
28 Mar 24
8-K
Entry into a Material Definitive Agreement
27 Mar 24
8-K
Results of Operations and Financial Condition
26 Mar 24
10-K
2023 FY
Annual report
26 Mar 24
8-K
Regulation FD Disclosure
18 Mar 24
8-K
Material Modifications to Rights of Security Holders
2 Feb 24
8-K
Regulation FD Disclosure
23 Jan 24
8-K
Oxbridge Re Holdings Limited Reports Third Quarter 2023 Results
14 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
Transcripts
OXBR
Earnings call transcript
2023 Q4
26 Mar 24
OXBR
Earnings call transcript
2023 Q3
14 Nov 23
OXBR
Earnings call transcript
2023 Q2
14 Aug 23
OXBR
Earnings call transcript
2023 Q1
12 May 23
OXBR
Earnings call transcript
2022 Q4
30 Mar 23
OXBR
Earnings call transcript
2022 Q3
14 Nov 22
OXBR
Earnings call transcript
2022 Q2
16 Aug 22
OXBR
Earnings call transcript
2022 Q1
14 May 22
OXBR
Earnings call transcript
2021 Q4
30 Mar 22
OXBR
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.65 mm | 3.65 mm | 3.65 mm | 3.65 mm | 3.65 mm | 3.65 mm |
Cash burn (monthly) | (no burn) | (no burn) | 2.36 mm | 521.25 k | (no burn) | 125.25 k |
Cash used (since last report) | n/a | n/a | 16.06 mm | 3.55 mm | n/a | 853.49 k |
Cash remaining | n/a | n/a | -12.41 mm | 97.06 k | n/a | 2.80 mm |
Runway (months of cash) | n/a | n/a | -5.3 | 0.2 | n/a | 22.3 |
Institutional ownership, Q3 2023
4.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 10 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 374.56 mm |
Total shares | 270.33 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Geode Capital Management | 109.67 k | $150.25 mm |
Vanguard | 85.13 k | $119.19 mm |
AMP Ameriprise Financial | 25.00 k | $35.00 mm |
Schonfeld Strategic Advisors | 17.00 k | $23.80 mm |
STT State Street | 15.50 k | $21.24 mm |
Henrickson Nauta Wealth Advisors | 10.00 k | $14.00 mm |
Tower Research Capital | 7.65 k | $10.71 mm |
BLK Blackrock | 232.00 | $325.00 k |
RY Royal Bank Of Canada | 105.00 | $0.00 |
WFC Wells Fargo & Co. | 34.00 | $48.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Arun Gowda | Common Shares | Grant | Acquire A | No | No | 0 | 23,809 | 0.00 | 34,358 |
15 Apr 24 | Dwight Lyndon Merren | Ordinary Shares | Grant | Acquire A | No | No | 0 | 23,809 | 0.00 | 34,358 |
15 Apr 24 | Lesley Helen Thompson | Ordinary Shares | Grant | Acquire A | No | No | 0 | 23,809 | 0.00 | 50,358 |
25 Mar 24 | Madhu Sanjay | Ordinary Shares | Grant | Acquire A | No | No | 0 | 40,000 | 0.00 | 170,000 |
25 Mar 24 | Wrendon Timothy | Ordinary Shares | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 75,050 |
News
Oxbridge Re Announces Launch Of Tokenized Real-World Asset Offering "EpilsonCat Re"; Subsidiary SurancePlus Inc. Will Issue Between 500K-1M Participation Shares, Represented By Digital Tokens, Participation Shares Will Be Offered At An Initial Price Of $10 Per Participation Share
27 Mar 24
Oxbridge Re Holdings Q4 EPS $(0.46) Down From $0.12 YoY, Sales $(1.91M) Down From $1.04M YoY
26 Mar 24
Earnings Scheduled For March 26, 2024
26 Mar 24
Insurance Stocks Moving In Friday's Intraday Session
15 Mar 24
Insurance Stocks Moving In Monday's Intraday Session
11 Mar 24
Press releases
Oxbridge Re Announces Launch of Tokenized Real-World Asset Offering EpilsonCat Re
27 Mar 24
Oxbridge Re Holdings Limited Reports Fiscal 2023 Results
26 Mar 24
Oxbridge Re Announces 2023 Fourth Quarter Results on March 26, 2024
7 Mar 24
Oxbridge Re Holdings Limited Announces Term Extension of Warrants
2 Feb 24