OXBR

This article first appeared on GuruFocus. Net Income: $176,000, or $0.02 per diluted share, for Q2 2026, compared to a net loss of $1.87 million ($0.25 per share) in Q2 2025. Net Income (Six Months): $198,000, or $0.02 per diluted share, for H1 2026, versus a net loss of $2.01 million ($0.28 per share) in H1 2025. Net Premiums Earned: $368,000 for Q2 2026, down from $582,000 in Q2 2025; $924,000 for H1 2026, down from $1.11 million in H1 2025. Total Revenue: $940,000 for Q2 2026, up from $664,000 in Q2 2025; $1.5 million for H1 2026, up from $1.3 million in H1 2025. Net Investment Income and Other Income: $71,000 for Q2 2026, down from $93,000 in Q2 2025; $139,000 for H1 2026, down from $173,000 in H1 2025. Total Expenses: $647,000 for Q2 2026, down from $3.6 million in Q2 2025; $1.2 million for H1 2026, down from $4.2 million in H1 2025. Loss Ratio: 0% for both Q2 and H1 2026, down from 394% and 194.8% in the respective prior-year periods. Acquisition Cost Ratio: 12% for Q2 2026, up from 11% in Q2 2025; 11.4% for H1 2026, up from 11% in H1 2025. Expense Ratio: 175.8% for Q2 2026, down from 227% in Q2 2025; 133.1% for H1 2026, down from 160.7% in H1 2025. Combined Ratio: 175.8% for Q2 2026, down from 621% in Q2 2025; 133.1% for H1 2026, down from 355% in H1 2025. Restricted Cash and Cash Equivalents: $19.82 million as of June 30, 2026, up from $6.98 million as of December 31, 2025. Tokenized Reinsurance Offerings: Raised $7.1 million in aggregate gross proceeds from 5 offerings for the 2026-2027 treaty year, including third-party offerings for HCI Group and Fortex Re. SurancePlus Cumulative Performance: Issued approximately 1.27 million tokenized securities, raising over $16 million in cumulative gross proceeds, backing over $31 million of deployed capital. Warning! GuruFocus has detected 1 Warning Sign with OXBR. Is OXBR fairly valued? Test your thesis with our free DCF calculator. Release Date: August 13, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Oxbridge Re Holdings Ltd (NASDAQ:OXBR) reported net income of $176,000 for Q2 2026, a significant improvement from a net loss of $1.87 million in the same period last year. The company's tokenized reinsurance offerings, EtaCat Re and ZetaCat Re, exceeded their target annual returns, delivering 29.3% and 43.4%, respectively. SurancePlus expanded its platform to include third-party reinsurance opportunities, successfully closing five tokenized offerings and raising $7.1 million in gross proceeds. The launch of AI GridWorks, a new subsidiary focused on AI data centers, provides a complementary growth platform and diversifies the company's revenue streams. The company reduced total expenses significantly, with a decrease to $647,000 in Q2 2026 from $3.6 million in Q2 2025, driven by lower underwriting losses and reduced professional fees. Net premiums earned decreased to $368,000 in Q2 2026 from $582,000 in Q2 2025, due to lower weighted average rates and reduced capital deployment. The expense ratio remains high at 175.8% for Q2 2026, indicating that operating costs are still elevated relative to premiums earned. The combined ratio for Q2 2026 was 175.8%, well above 100%, signaling continued underwriting losses despite the absence of catastrophe losses. Net investment income declined to $71,000 in Q2 2026 from $93,000 in Q2 2025, reflecting lower returns on invested assets. The company's expansion into AI data centers involves significant execution risks, including high capital requirements and competition from larger players. Q: For your AI data center initiatives, can you talk a little strategically about what you're targeting, how you're thinking about where it makes sense to do this, the type of tenants and demand, and any thoughts on financing? A: Jay Madhu (CEO): We are targeting "nano" data centers of 10 to 100 megawatts, with an initial focus around 50 megawatts, rather than competing with the "juggernauts" on gigawatt-scale projects. Our geographic focus is the Southeast of the US. The type of tenant will depend on the location and the specific type of data center built. We are finding significant demand from larger AEC companies. Our strategy is built on flexibility and optionality, which gives us a better view of potential tenants as the project develops. Q: Can you expand a little bit more on the optionality aspect and the vertical integration strategy? A: Jay Madhu (CEO): We have options at every stage of the value chain. For example, after securing land and obtaining entitlements and power letters, we can either sell the asset for a significant multiple or move forward with vertical construction. If we build the data center, we can section it off into halls and act as a landlord, or we can choose to operate it and bring in our own GPUs. This flexibility ensures we don't overcommit or overpay on assets. Furthermore, this strategy complements SurancePlus perfectly. Since data centers are a real-world asset (RWA), SurancePlus can fill the void for smaller investors by allowing them to participate with smaller checks, as traditional financing typically requires significant capital. This provides multiple levers for financing these opportunities. Q: So if I heard you correctly, you could use RWAs for part of the financing and raising funds, so that's how the individual could actually own part of the data center itself? A: Jay Madhu (CEO): Absolutely. This approach also helps with the "NIMBY" (Not In My Backyard) rhetoric, as people can see that they actually have an opportunity to own a piece of the real estate or data center as part of their investment strategy through tokenization. Q: (No question, this is a statement from the CEO) A: Jay Madhu (CEO): We are proud of the strong performance of our business and the progress on our long-term strategy. During the second quarter, we continued to build on the growth of our tokenized reinsurance business, expanded the platform to include third-party opportunities, and established a new AI infrastructure business, AI GridWorks. For the 2025-2026 treaty year, our EtaCat Re and ZetaCat Re offerings exceeded their original targets, delivering annualized returns of 29.3% and 43.4%, respectively. For the 2026-2027 treaty year, we closed 5 tokenized reinsurance offerings on the Solana blockchain, raising $7.1 million in gross proceeds, including three third-party offerings associated with HCI Group and Fortex Re. Q: (No question, this is a statement from the CFO) A: Wrendon Timothy (CFO): Net income for Q2 2026 was $176,000, or $0.02 per share, compared to a net loss of $1.87 million in Q2 2025. This improvement is primarily due to no underwriting losses recorded for the period. Total revenue for the quarter increased to $940,000 from $664,000 in the prior year. The loss ratio decreased to 0% from 394% for the quarter, and the combined ratio decreased to 175.8% from 621%. Restricted cash and cash equivalents increased by $12.85 million to $19.82 million as of June 30, 2026. Q: (No question, this is a statement from the CEO) A: Jay Madhu (CEO): Since launching, SurancePlus has completed offerings across four consecutive treaty years, issuing approximately 1.27 million tokenized securities and raising more than $16 million in cumulative gross proceeds, backing over $31 million of deployed capital. The addition of third-party reinsurance opportunities demonstrates that SurancePlus can extend beyond Oxbridge-originated reinsurance and provide the infrastructure to structure and tokenize real-world assets originated by third parties. AI GridWorks builds upon this RWA strategy by expanding into the development and ownership of the underlying physical infrastructure supporting AI growth. Q: (No question, this is a statement from the CEO) A: Jay Madhu (CEO): AI GridWorks is focused on identifying and securing strategic sites, developing powered land, and developing, owning, and operating data center infrastructure. We have assembled an experienced team with deep expertise, including leadership with seven years of data center infrastructure experience at Meta across five campuses representing 2.5 gigawatts of deployed capacity. As AI GridWorks develops these assets, we intend to leverage SurancePlus's RWA structuring and tokenization capabilities to tokenize interests in AI infrastructure assets and associated revenue streams, creating a cohesive and vertically integrated strategy. Q: (No question, this is a statement from the CFO) A: Wrendon Timothy (CFO): Net premiums earned for Q2 2026 decreased to $368,000 from $582,000 in Q2 2025, due to a lower weighted average rate on reinsurance contracts and a lower amount of capital deployed. Total expenses decreased to $647,000 from $3.6 million, primarily due to no underwriting losses recognized. The acquisition cost ratio increased marginally to 12% from 11%, while the expense ratio decreased to 175.8% from 227% for the quarter. Q: (No question, this is a statement from the CFO) A: Wrendon Timothy (CFO): For the six months ended June 30, 2026, net income was $198,000, or $0.02 per share, compared to a net loss of $2.01 million in the prior year period. Total revenue increased to $1.5 million from $1.3 million. The loss ratio decreased to 0% from 194.8%, and the combined ratio decreased to 133.1% from 355% for the six-month period. The decreases are primarily due to no underwriting losses recorded and reduced professional fees and overall compensation. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved a return to profitability in Q2 2026, primarily driven by the absence of underwriting losses and a reduction in professional and compensation expenses. Expanded the SurancePlus platform to include third-party reinsurance opportunities, demonstrating the ability to tokenize real-world assets (RWAs) beyond internal operations. Exceeded original return targets for the 2025/2026 treaty year, with EtaCat Re and ZetaCat Re delivering annualized returns of 29.3% and 43.4% respectively. Launched AI GridWorks to develop, own, and operate AI data centers, leveraging an experienced team with significant infrastructure background from Meta. Attributed the decrease in net premiums earned to a lower weighted average rate on contracts and reduced capital deployment compared to the prior year. Established a vertically integrated strategy for AI infrastructure, creating optionality to either sell entitled land assets or operate data centers as a landlord. Utilized the Solana blockchain to close five new tokenized offerings for the 2026/2027 treaty year, raising $7.1 million in aggregated gross proceeds. Targeting 'nano' data center projects ranging from 10 MW to 100 MW, specifically focusing on the Southeast U.S. to avoid direct competition with industry giants. Intends to leverage SurancePlus's tokenization capabilities to provide retail and institutional investors access to AI infrastructure revenue streams via RWA structures. Focusing on securing strategic sites and developing 'powered land' to capture value creation through entitlements and power letters before moving to vertical construction. Maintaining a flexible operational model for data centers, with the ability to act as a pure landlord for GPU-heavy tenants or operate as a full-service provider. Assuming no underwriting losses, the company targets annual returns between 17% and 242% for its various 2026/2027 third-party and internal reinsurance offerings. Significant reduction in total expenses from $3.6 million to $647,000 year-over-year, largely due to the lack of a full limit loss recognized in the prior period. Restricted cash and cash equivalents increased to $19.82 million, reflecting new tokenized security investments and the release of collateral from previous treaty years. Management highlighted the 'NIMBY' (Not In My Backyard) sentiment as a potential social risk, suggesting that local ownership through tokenization could mitigate community opposition. Noted that while AI GridWorks is a new initiative, it is built upon the existing RWA framework established by the reinsurance business to ensure a cohesive corporate strategy. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management is intentionally avoiding gigawatt-scale projects to focus on the 10 MW-100 MW niche where competition is less intense. Financing will involve a mix of traditional bank debt and RWA tokenization to allow for smaller check sizes and faster investor onboarding. Tenant demand is currently high but remains dependent on the specific technical configuration and location of the data center assets. The company creates value at multiple stages: land acquisition, entitlement/power securing, vertical construction, and facility operation. Management emphasized the ability to exit at the 'powered land' stage for a significant multiple or proceed to vertical development depending on market conditions. The strategy allows for flexibility in being either a landlord for tenant-owned GPUs or an active operator providing the hardware itself.

AI GridWorks Expands Oxbridge into AI Infrastructure, Complementing Its Existing RWA Business GRAND CAYMAN, Cayman Islands, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR) (the "Company"), together with its subsidiaries, today reported its results for the three and six months ended June 30, 2026, and provided an update on the continued growth of its real-world asset ("RWA") business and its strategic expansion into AI infrastructure through AI GridWorks, its newly formed subsidiary focused on developing, owning and operating AI data centers and related infrastructure. During the quarter ending June 30, 2026 and subsequent period, Oxbridge continued to expand its strategy of originating, structuring and tokenizing real-world assets. SurancePlus was developed as a platform for tokenizing RWAs, with reinsurance serving as its initial asset class. Oxbridge began by tokenizing reinsurance originated through its own operations and has since expanded the platform to third-party reinsurance opportunities, including its work with HCI Group, Inc. and Fortex Reinsurance SPC, Ltd. In parallel, Oxbridge has expanded its growth strategy into AI infrastructure through the launch of AI GridWorks, a dedicated platform focused on developing, owning and operating AI data centers and related infrastructure. Since launching the initiative, the Company has moved quickly to assemble an experienced infrastructure team and advanced its development pipeline. Oxbridge believes AI GridWorks and SurancePlus represent two distinct but complementary growth platforms, providing multiple opportunities for long-term growth and shareholder value creation. Second Quarter Results and Cash Position As of June 30, 2026, Oxbridge reported $19.82 million in restricted cash and cash equivalents, an increase of $12.85 million from $6.98 million at December 31, 2025. The Company believes this places Oxbridge in a strong position as it advances its AI infrastructure strategy and continues to grow its RWA business. SurancePlus: Performance of Tokenized Reinsurance Offerings For the 2025-2026 treaty year, the EtaCat Re and ZetaCat Re tokenized reinsurance offerings originally targeted annual returns of 20% and 42%, respectively. During the quarter, the Company announced that the offerings delivered actual annualized returns of 29.3% and 43.4%, respectively, exceeding their original targets. These results continued the performance track record of Oxbridge's tokenized reinsurance strategy and preceded the launch of the Company's 2026-2027 offerings. SurancePlus: 2026-2027 Tokenized Reinsurance Offerings SurancePlus continues to expand its tokenized reinsurance platform through both Oxbridge-originated offerings and third-party reinsurance opportunities, demonstrating the platform's ability to support multiple sources of reinsurance assets. During the quarter and six-month period ending June 30, 2026, SurancePlus completed five private placements of tokenized reinsurance securities on the Solana blockchain, raising $7.1 million in aggregate gross proceeds. The five offerings included two offerings backed by reinsurance originated through Oxbridge - T20 and T42 - together with three third-party reinsurance offerings associated with HCI Group and Fortex Re. Oxbridge-Originated Offerings T20 - Target Annual Return: 20% T42 - Target Annual Return: 42% The T20 and T42 offerings represent the continuation of Oxbridge's established reinsurance origination and tokenization strategy, with the underlying reinsurance opportunities originated through Oxbridge and tokenized through the SurancePlus platform. Based on performance to date, both offerings are currently on track with their targeted annual returns, subject to underwriting performance through the applicable treaty period. Third-Party HCI Re 2026 Offerings The three HCI-related offerings represent an important expansion of SurancePlus beyond Oxbridge-originated reinsurance into third-party reinsurance opportunities, demonstrating the ability of the SurancePlus platform to structure and tokenize real-world assets originated by third parties. The HCI Re 2026 offerings target annual returns as follows, assuming no underwriting losses: HCI Re 2026 Series A - Target Annual Return: 224% HCI Re 2026 Series B - Target Annual Return: 122% HCI Re 2026 Series C - Target Annual Return: 17% Since launching its reinsurance tokenization platform, SurancePlus has completed offerings across four consecutive treaty years, issuing approximately 1.27 million tokenized securities raising more than $16 million in cumulative gross proceeds across multiple blockchain platforms backing over $31 million of deployed capital in tokenized reinsurance contracts. AI GridWorks: Building an AI Infrastructure Platform Following the end of the quarter ending June 30, 2026, Oxbridge launched AI GridWorks, a dedicated AI infrastructure platform focused on developing, owning and operating AI data centers and related infrastructure. AI GridWorks is intended to participate across multiple stages of the AI infrastructure development lifecycle, including identifying and securing strategic sites, developing powered land, and developing, owning and operating data center infrastructure. This approach provides Oxbridge with flexibility to create value through the development and potential disposition of infrastructure assets, as well as through the ownership and operation of completed data center facilities. Oxbridge believes the continued growth of artificial intelligence and increasing demand for computing capacity are creating significant long-term opportunities for the development of the physical infrastructure required to support the AI economy. To support the initiative, Oxbridge has assembled an experienced AI infrastructure team with deep subject-matter expertise across hyperscale data centers, power infrastructure, strategic real estate and site development. The team brings experience supporting approximately 2.9 GW of deployed hyperscale data center infrastructure and originating approximately 3 GW of powered land opportunities, together with extensive mission-critical infrastructure development experience. Importantly, AI GridWorks is being developed as an AI infrastructure business and not simply as an extension of Oxbridge's tokenization activities. Its primary focus is the development, ownership and operation of the underlying physical infrastructure. Over time, Oxbridge's established RWA capabilities may provide an additional opportunity to structure or tokenize interests in certain AI infrastructure assets and associated revenue streams developed through AI GridWorks. Management believes this provides Oxbridge with a differentiated opportunity to combine physical infrastructure development with its existing expertise in real-world asset structuring and tokenization. Two Complementary Growth Platforms Management believes AI GridWorks and SurancePlus represent two complementary growth platforms for Oxbridge. AI GridWorks is focused on developing, owning and operating physical infrastructure supporting the expanding AI economy, while SurancePlus provides Oxbridge with an established platform for originating, structuring and tokenizing real-world assets. Together, the platforms provide Oxbridge with the opportunity to develop and own real-world assets while potentially leveraging its existing financial infrastructure to create additional ways to structure, finance and provide access to those assets over time. Jay Madhu, Chairman and CEO of Oxbridge and SurancePlus, commented: “Oxbridge is entering an important new phase of growth. We have demonstrated our ability to structure and tokenize real-world assets through SurancePlus, initially with reinsurance originated through our own operations and now with third-party reinsurance. Our previous tokenized reinsurance offerings exceeded their targeted annual returns, and our current T20 and T42 offerings are tracking in line with their targeted returns, subject to underwriting performance through the applicable treaty period. At the same time, the expansion of SurancePlus into third-party reinsurance demonstrates the broader potential of the platform. With AI GridWorks, we have expanded our growth strategy into AI infrastructure and are moving quickly to build the capabilities, team and development pipeline necessary to execute on this opportunity. Our focus is on developing and owning the physical infrastructure required to support the continued growth of artificial intelligence and creating value from the underlying assets themselves. We believe AI GridWorks and SurancePlus provide Oxbridge with two complementary growth platforms. By combining infrastructure development with our established real-world asset capabilities, we believe we are positioning Oxbridge to participate in the growth of AI infrastructure while creating multiple avenues for long-term shareholder value.” Financial Performance General Net income for the quarter ended June 30, 2026 was $176,000, or $0.02 basic and diluted income per share compared to a net loss of $1.87 million or ($0.25) basic and diluted loss per share, for the quarter ended June 30, 2025. The increase in net income / decrease in net loss is primarily due to a decrease in loss and loss adjustment expenses as there were no underwriting losses recorded for the period ended June 30, 2026. SurancePlus management fee income along with reduced professional fees and overall compensation contributed towards the net income result for the quarter. Net income for the six months ended June 30, 2026 was $198,000, or $0.02 basic and diluted income per share compared to a net loss of $2.01 million or ($0.28) basic and diluted loss per share, for the six month ended June 30, 2025. The decrease in net loss is primarily due to a decrease in loss and loss adjustment expenses as there were no underwriting losses recorded for the period ended June 30, 2026. SurancePlus management fee income along with reduced professional fees and overall compensation contributed towards the net income result for the six months period ended June 30, 2026. Premium Income Net premiums earned for the quarter ended June 30, 2026 decreased to $368,000 from $582,000 for the quarter ended June 30, 2025. The decrease is due to lower weighted average rate on reinsurance contracts in force during the quarter ended June 30, 2026, as well as a lower amount of capital deployed into reinsurance contracts during the quarter when compared to the prior period. Net premiums earned for the six months ended June 30, 2026 decreased to $924,000 from $1.11 million for the six months ended June 30, 2025. The decrease is due to lower weighted average rate on reinsurance contracts in force during the six months ended June 30, 2026, as well as a lower amount of capital deployed into reinsurance contracts during the six-month period when compared to the prior period. Expenses For the quarter ended June 30, 2026, total expenses, including policy acquisition costs and general and administrative expenses, decreased to $647,000 from $3.6 million for the quarter ended June 30, 2025. The decrease is primarily due to no underwriting losses incurred and recognized for the three months ended June 30, 2026. Reduced professional fees and overall compensation also contributed towards the decrease for the quarter. For the six months ended June 30, 2026, total expenses, including policy acquisition costs and general and administrative expenses, decreased to $1.2 million from $4.2 million for the six months ended June 30, 2025. The decrease is primarily due to no underwriting losses incurred and recognized for the three months ended June 30, 2026. Reduced professional fees and overall compensation also contributed towards the decrease for the six months period ended June 30, 2026. Cash & restricted cash As of June 30, 2026, our restricted cash and cash equivalents increased by $12.85 million to $19.82 million, from $6.98 million as of December 31, 2025. The increase is the net result of the investment in the new tokenized securities, release of collateral from 25-26 reinsurance treaty contracts and premium deposits made during the six months ending June 30, 2026. Financial Ratios Loss Ratio. The loss ratio is the ratio of losses and loss adjustment expenses incurred to premiums earned and measures the underwriting profitability of our reinsurance business. The loss ratio decreased to 0% from 394% for the quarter ended June 30, 2026 when compared with prior comparative period. The decrease was due to no underwriting losses being recorded for the quarter ending June 30, 2026 whereas a full limit loss was recognized for one of the reinsurance contracts during the three-month period ending June 30, 2025. The loss ratio decreased to 0% from 194.8% for the six-month period ended June 30, 2026 when compared with prior comparative period. The decrease was due to no losses being recorded for the six-month period ending June 30, 2026 whereas a full limit loss was recognized for one of the reinsurance contracts during the six-month period ending June 30, 2025. Acquisition Cost Ratio. The acquisition cost ratio is the ratio of policy acquisition costs to net premiums earned. The acquisition cost ratio increased marginally to 12% from 11% for the quarter ending June 30, 2026 when compared to prior comparable period. The increase in acquisition cost ratio is due to reduced net premiums earned and marginal premium adjustments recognized during the quarter ending June 30, 2026 when compared to prior comparable period. The acquisition cost ratio increased marginally to 11.4% from 11% for the six-month period ending June 30, 2026 when compared to prior comparable period. The increase in acquisition cost ratio is due to reduced net premiums earned and marginal premium adjustments recognized during the six-month period ending June 30, 2026 when compared to prior comparable period. Expense Ratio. The expense ratio is the ratio of policy acquisition costs and general and administrative expenses to net premiums earned. We use the expense ratio to measure our operating performance. For the quarter ended June 30, 2026, the expense ratio decreased to 175.8%, from 227% for the quarter ended June 30, 2025. The decrease is primarily due to reduced professional fees and overall compensation during the quarter, when compared with the prior year period. For the six-month period ended June 30, 2026, the expense ratio decreased to 133.1%, from 160.7% for the six-month period ended June 30, 2025. The decrease is primarily due to reduced professional fees and overall compensation during the six months period ended June 30, 2026, when compared with the prior year period. Combined ratio. We use the combined ratio to measure our underwriting performance. The combined ratio is the sum of the loss ratio and the expense ratio. For the three-month period ended June 30, 2026, the combined ratio decreased to 175.8%, from 621% for the quarter ended June 30, 2025. The decrease is primarily due to decreased underwriting losses, as well as reduced professional fees and overall compensation during the quarter, when compared with the prior year period. The combined ratio is the sum of the loss ratio and the expense ratio. For the six-month period ended June 30, 2026, the combined ratio decreased to 133.1%, from 355.5% for the six-month period ended June 30, 2025. The decrease is primarily due to decreased underwriting losses, as well as reduced professional fees and overall compensation during the six-month period ended June 30, 2026, when compared with the prior year period. Conference Call Management will host a conference call later today to discuss these financial results, followed by a question and answer session. President and Chief Executive Officer Jay Madhu and Chief Financial Officer Wrendon Timothy will host the call starting at 4:30 p.m. Eastern time. The live presentation can be accessed by dialing the number below or by clicking the webcast link available on the Investor Information section of the company’s website at www.oxbridgere.com. Date: August 13, 2026Time: 4.30 p.m. Eastern timeToll-free number: 877-524-8416International number: +1 412-902-1028 Please call the conference telephone number 10 minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact InComm Conferencing at [email protected] A replay of the call will be available by telephone after 4:30 p.m. Eastern time on the same day of the call until August 27, 2026. Toll-free replay number: 877-660-6853International replay number: +1-201-612-7415Conference ID: 13762088 About Oxbridge Re Holdings Limited Oxbridge Re Holdings Limited (NASDAQ:OXBR,OXBRW) (“Oxbridge”) is a publicly traded holding company headquartered in the Cayman Islands, focused on building and growing businesses at the intersection of digital finance and artificial intelligence infrastructure. Through its SurancePlus platform, Oxbridge has pioneered the tokenization of Real-World Assets (RWAs) by developing one of the first blockchain-based platforms to offer tokenized reinsurance securities sponsored by a subsidiary of a publicly traded company. The Company's regulated reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge Re NS, provide property and casualty reinsurance solutions serving insurers in the Gulf Coast region of the United States. Through AI GridWorks, Oxbridge is expanding into AI infrastructure with a focus on developing, owning, and operating AI data centers and the supporting infrastructure required to meet the rapidly growing demand for AI compute. For more information, visit www.oxbridgere.com, www.suranceplus.com, and www.aigridworks.ai Forward-Looking Statements This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 30, 2026. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward-looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change. Company Contact: Oxbridge Re Holdings LimitedJay Madhu, [email protected] OXBRIDGE RE HOLDINGS LIMITED AND SUBSIDIARIESConsolidated Balance Sheets(expressed in thousands of U.S. Dollars, except per share and share amounts) OXBRIDGE RE HOLDINGS LIMITED AND SUBSIDIARIESConsolidated Statements of Income(expressed in thousands of U.S. Dollars, except per share and share amounts)

eToro Group Ltd. (ETOR) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +11.48%. A quarter ago, it was expected that this company would post earnings of $0.65 per share when it actually produced earnings of $0.91, delivering a surprise of +40%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. eToro Group Ltd., which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $229 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.78%. This compares to year-ago revenues of $209.63 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. eToro Group Ltd. shares have lost about 3.2% since the beginning of the year versus the S&P 500's gain of 13.3%. While eToro Group Ltd. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for eToro Group Ltd. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.58 on $232 million in revenues for the coming quarter and $2.81 on $990.5 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Brokerage is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Oxbridge Re Holdings Limited (OXBR), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 13. This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +116%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Oxbridge Re Holdings Limited's revenues are expected to be $1.1 million, up 66.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report eToro Group Ltd. (ETOR) : Free Stock Analysis Report Oxbridge Re Holdings Limited (OXBR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

GRAND CAYMAN, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the “Company”), together with its subsidiaries, is developing an artificial intelligence infrastructure platform through its AI GridWorks initiative, focused on the development, ownership and operation of AI data centers and related infrastructure. The Company also provides tokenized real-world asset (“RWA”) solutions, initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers. The Company today announced that it will hold a conference call on Thursday, August 13, 2026, at 4:30 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2026. The financial results will be issued in a press release after the close of the market on the same day. Oxbridge Re’s management will host the conference call, followed by a question-and-answer session. Interested parties can listen to the live presentation by dialing the listen-only number below. Please call the conference telephone number 10 minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact InComm Conferencing at +1-201-493-6280 A replay of the call will be available by telephone after 4:30 p.m. Eastern time on the same day of the call until August 27, 2026. About Oxbridge Re Holdings Limited Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge Re”) is headquartered in the Cayman Islands. The Company is building a diversified technology and risk solutions platform. The Company has launched a new AI infrastructure platform focused on the development and ownership of AI data centers and related infrastructure. Oxbridge Re also offers tokenized Real-World Assets (“RWAs”) initially as tokenized reinsurance securities, and offers reinsurance business solutions to property and casualty insurers. The Company operates through its subsidiaries AI Gridworks Ltd., SurancePlus Inc, Oxbridge Re NS, and Oxbridge Reinsurance Limited. Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS. Our Web3-focused subsidiary, SurancePlus Inc., has developed the first “on-chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors. Our AI infrastructure subsidiary, AI GridWorks, intends to develop, own and operate AI data centers designed to support the rapidly growing demand for AI compute infrastructure while applying the same disciplined, long-term approach that has guided the Company's growth and innovation. Company Contact:Oxbridge Re Holdings LimitedJay Madhu, CEO+1 [email protected]

Erie Indemnity (ERIE) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $3.35 per share. This compares to earnings of $3.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.99%. A quarter ago, it was expected that this insurance company would post earnings of $3.06 per share when it actually produced earnings of $2.88, delivering a surprise of -5.88%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Erie Indemnity, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $1.09 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.12%. This compares to year-ago revenues of $1.06 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Erie Indemnity shares have lost about 13.3% since the beginning of the year versus the S&P 500's gain of 6.9%. While Erie Indemnity has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Erie Indemnity was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.46 on $1.09 billion in revenues for the coming quarter and $12.47 on $4.18 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Brokerage is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Oxbridge Re Holdings Limited (OXBR), is yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +116%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Oxbridge Re Holdings Limited's revenues are expected to be $1.1 million, up 66.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Erie Indemnity Company (ERIE) : Free Stock Analysis Report Oxbridge Re Holdings Limited (OXBR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Release Date: May 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Oxbridge Re Holdings Ltd (NASDAQ:OXBR) reported a net income of $22,000 for the quarter ending March 31, 2026, compared to a net loss of $139,000 in the prior year quarter. The company's tokenized reinsurance contracts are performing well, with the balance yield token tracking 25% ahead of its original 20% targeted return. Cash and cash equivalents increased by $1.21 million to $8.19 million as of March 31, 2026, supporting ongoing strategic initiatives. Oxbridge Re Holdings Ltd (NASDAQ:OXBR) is expanding its ecosystem relationships, involving platforms like Solana, AlphaLedger, and LayerZero, to enhance its InsurancePlus platform. The company is preparing new offerings for the 2026-2027 underwriting cycle, targeting annual returns of 20% and 42% respectively, indicating confidence in future growth. Net premiums earned decreased to $555,000 for the three months ended March 31, 2026, from $595,000 in the prior year period. Total revenue for the quarter decreased to $623,000 from $692,000 in the prior year comparable period. Policy acquisition costs and general administrative expenses increased to $583,000 from $570,000, primarily due to professional costs and investor relations. The combined ratio increased to 105% for the three months ended March 31, 2026, up from 95.8% in the prior year, indicating higher expenses relative to premiums earned. The company faces challenges in tokenizing other asset categories, as the process is described as extremely hard with high barriers to entry. Warning! GuruFocus has detected 2 Warning Signs with OXBR. Is OXBR fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide more details on the tokenization of data center revenue streams and infrastructure growth within AI? A: Jay Madhu, Chairman, President, and CEO, explained that Oxbridge has been successful in tokenizing reinsurance contracts and sees potential in tokenizing other opportunities, including AI data centers. While it's early to discuss specifics, the company is optimistic about seizing opportunities in this space, especially given the high barriers to entry and the significant market potential. Q: Are you planning to tokenize other assets besides reinsurance? A: Jay Madhu confirmed that Oxbridge is evaluating opportunities to tokenize other assets beyond reinsurance. Although details are not yet available, the company is exploring these possibilities, leveraging their experience in tokenizing reinsurance under SEC regulations. Q: How challenging is the process of tokenizing other potential assets? A: Jay Madhu acknowledged that the process is extremely challenging, which is why not many companies are doing it. The high barrier to entry presents a significant opportunity for Oxbridge to capitalize on. Q: What are the expected returns for the tokenized reinsurance offerings? A: Jay Madhu stated that the balance yield token is currently tracking 25% ahead of its original 20% targeted return, while the high yield token is on track towards its 42% targeted return. These results reflect the company's disciplined underwriting approach. Q: How is Oxbridge advancing its InsurancePlus platform? A: Jay Madhu highlighted that Oxbridge is expanding the reach and visibility of the InsurancePlus platform through strategic relationships with Solana, AlphaLedger, and LayerZero. These partnerships support expanded interoperability and ecosystem access across more than 160 blockchain networks, positioning InsurancePlus within a growing ecosystem for real-world asset adoption. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Management is pivoting toward 'on-chain' reinsurance through its SurancePlus subsidiary to broaden investor access to property catastrophe risk, an asset class historically limited to institutional players. The core reinsurance strategy remains focused on low-frequency, high-severity risks where extensive data allows for rigorous evaluation of risk-adjusted returns. Underwriting profitability was significantly impacted by adverse loss development from Hurricane Milton, a 2024 event that drove the fiscal year loss ratio to 119.9%. Total expenses increased substantially due to a combination of Hurricane Milton losses, professional costs for investor relations, and scaling the web3 subsidiary's tokenization infrastructure. The company successfully allocated a portion of underwriting losses to token holders, which helped mitigate the net loss impact on the consolidated corporate balance sheet. Strategic distribution has expanded through the Solana ecosystem and the Alphaledger platform, enabling access across more than 160 blockchain networks via Layer 0 technology. For the 2026-2027 contract cycle, management is targeting returns of 20% for its T20 offering and 42% for its T42 high-yield tokenized reinsurance products. Management is optimistic about the upcoming risk environment, citing industry reports that suggest El Ni￱o conditions may support favorable underwriting conditions. The company is actively evaluating an expansion into tokenizing data center revenue streams to capitalize on the growth of artificial intelligence infrastructure. Oxbridge intends to leverage its $6.9 million in cash and restricted cash to pursue new strategic relationships with data center developers and operators outside of the standard reinsurance cycle. The combined ratio for the fiscal year rose to 264%, driven primarily by the non-recurring impact of Hurricane Milton losses and increased legal and personnel expenditures. The company's equity investment portfolio was reduced to zero following the sale of its remaining two equity securities during the fiscal year. Management explicitly stated that the current market valuation does not fully reflect the company's cash position or the potential value of its active strategic evaluations. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management explained that because reinsurance cycles are seasonal (June to May), they are seeking additional high-quality cash-generating assets to fill the interim periods. The evaluation of data center revenue streams is intended to provide a value proposition for both Oxbridge shareholders and the SurancePlus platform. The initiative involves potential strategic relationships with partners, developers, and operators within the AI infrastructure space. Management confirmed they hold approximately $6.9 million in cash and restricted cash. This capital position is viewed as sufficient to support both the existing reinsurance tokenization business and the evaluation of new asset-backed opportunities. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.