Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 941

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 6
Chunk 941
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    Expenses 

    Policy acquisition costs and underwriting expenses 
     254  
     141 
  
    General and administrative expenses 
     1,917  
     2,183 

    Total expenses 
     2,171  
     2,324 

    Loss before income attributable to tokenholders and non-controlling interests 
     (1,625) 
     (9,373)

    Income attributable to tokenholders 
     (962) 
     (542)
  
    Loss before income attributable to non-controlling interests 
     (2,587) 
     (9,915)
  
    Income attributable to non-controlling interests 
     (139) 
     - 

    Net loss attributable to ordinary shareholders 
    $(2,726) 
     (9,915)

    Loss per share attributable to ordinary shareholders 

    Basic and Diluted 
    $(0.45) 
     (1.69)

    Weighted-average shares outstanding 

    Basic and Diluted 
     6,099,051  
     5,867,129 

    Performance ratios to net premiums earned: 

    Loss ratio 
     0.0% 
     0.0%
  
    Acquisition cost ratio 
     11.0% 
     11.2%
  
    Expense ratio 
     94.3% 
     185.2%
  
    Combined ratio 
     94.3% 
     185.2%

Comparison
of the Year Ended December 31, 2024 to Year Ended December 31, 2023

General.
Net loss for the year ended December 31, 2024 was $2.7 million or $0.45 basic and diluted loss per share compared to a net loss of
$9.9 million or $1.69 basic and diluted earnings per share for the year ended December 31, 2023. The change is primarily due to the decrease
in the negative change in the fair value of other investments during the year ended December 31, 2024, when compared with the prior year.

Premium
Income. Net premiums earned typically reflects the pro-rata inclusion into income of premiums assumed over the life of the reinsurance
contracts.

Net
premiums earned for the year ended December 31, 2024 increased to $2.3 million, from $1.26 million for