Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 128

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 14
Chunk 128
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 contract arising
from a loss event for which the Company records a paid loss or case reserve. The Company operates a single business segment, being property
catastrophe reinsurance.

    F-20

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements, Continued

7.
RESERVE FOR LOSSES AND LOSS ADJUSTMENT EXPENSES (continued)

Property
Catastrophe Reinsurance

 SCHEDULE
OF INCURRED LOSSES AND ADJUSTMENT EXPENSES

(in
thousands)

Incurred
Losses and Loss Adjustment Expenses

    Accident Year 
    2016  
    2017  
    2018  
    2019  
    2020  
    2021  
    2022  
    2023  
    2024  
    As of December 31, 2024
                                                                                 Total of Incurred-but -Not-Reported Liabilities Plus Expected Development on Reported Claims  
    Cumulative Number of Reported Claims   

    (dollars in thousands) 
  
    2016 
    $14,775  
    $18,801  
    $17,795  
    $17,689  
    $17,689  
    $17,689  
    $17,689  
    $17,689  
    $17,689  
    $              -  
           5 
  
    2017 
        
    $38,401  
    $38,401  
    $38,401  
    $38,401  
    $38,401  
    $38,401  
    $38,401  
    $38,401  
    $-  
     8 
  
    2018 

    $10,000  
    $10,000  
    $10,000  
    $10,000  
    $10,000  
    $10,000  
    $10,000  
    $-  
     2 
  
    2019 

    $-  
    $-  
    $-  
    $-  
    $-  
    $-  
    $-  
     - 
  
    2020