Oxbridge re holdings limited reports first quarter 2022 results

Grand cayman, cayman islands / accesswire / may 12, 2022 / oxbridge re holdings limited (nasdaq:oxbr) , (the "company"), a provider of reinsurance solutions primarily to property and casualty insurers, reported its results for the three months ended march 31, 2022. 2022 highlights: no underwriting losses incurred in first quarter of 2022; net loss of $387,000 ($0.07 per share) due to negative unrealized change in investments; premium income rises on higher rates on reinsurance contracts in force; investment in oxbridge acquisition corp. ("oxac") formed in 2021 to invest in disruptive technology markets with a particular focus on blockchain, insurtech and artificial intelligence sectors.
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