Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
Chunk: 14

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 14
---
 the Cayman Islands. Restricted
cash held in trust is custodied with Truist Bank, and is held in accordance with the Company’s trust agreements with the ceding
insurers and trustees, which require that the Company provide collateral having a market value greater than or equal to the limit of
liability, less unpaid premium.

    11

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements (unaudited) 

June
30, 2025

4.
INVESTMENTS

The
Company from time to time invests in fixed-maturity debt securities and equity securities, with its fixed-maturity debt securities classified
as available-for-sale. At June 30, 2025 and December 31, 2024, the Company did not hold any available-for-sale securities. There were
no sales of equity securities during the period ended June 30, 2025. Proceeds from sales and the gross realized and unrealized gains
for the period ended June 30, 2024 are as follows:

SCHEDULE
OF PROCEEDS RECEIVED, GROSS REALIZED GAINS AND LOSSES FROM SALE OF EQUITY SECURITIES

    Equity
    securities, Gross proceeds from sales  
    Equity
    securities, Gross Realized Gains  
    Equity
    securities, Gross Realized Losses 

    Gross
                                                                                proceeds
                                                                                from
                                            sales  
    Gross
                                                                               Realized Gains  
    Gross
                                                                               Realized Losses 

    ($ in thousands) 

    Six months ended June 30, 2024 

    Equity securities 
    $307  
    $-  
    $- 

Other
Investments 

The
Company’s investment in Jet.Ai stock was sold during the six month period ending June 30, 2025 for a consideration of $63,000.

Other
investments as of June 30, 2025 and December 31, 2024 consist of the following (in thousands):

SCHEDULE
OF OTHER INVESTMENTS

    June
                                            30,
                                                                                2025  
    December
                                            31,
                                                                                2024 
  
    Jet.AI common stock 
    $-  
    $48 

    12

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements (unaudited)