Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 308

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 308
---
 future. Without a
rating, or if we received a negative rating, our growth potential and business strategy will be limited because of the need to collateralize
the insurance policies that we write.

Established
competitors with greater resources may make it difficult for us to effectively market our products or offer our products at a profit.

The
reinsurance industry is highly competitive. We compete with major reinsurers, all of which have substantially greater financial, marketing
and management resources than we do. Competition in the types of business that we seek to underwrite is based on many factors, including:

    ●
    premium charges;

    ●
    the general reputation
    and perceived financial strength of the reinsurer;

    ●
    relationships with reinsurance
    brokers;

    ●
    terms and conditions of
    products offered;

    ●
    ratings assigned by independent
    rating agencies;

    ●
    speed of claims payment
    and reputation; and

    ●
    the experience and reputation
    of the members of our underwriting team in the particular lines of reinsurance we seek to underwrite.

Additionally,
although the members of our underwriting team have general experience across many property and casualty lines, they may not have the
requisite experience or expertise to compete for all transactions that fall within our strategy of offering customized frequency and
severity contracts at times and in markets where capacity and alternatives may be limited.

Our
competitors Renaissance Re, Berkshire Hathaway, PartnerRe Ltd, Aeolus Re, and Nephila which are dominant companies in the reinsurance
industry, as well as smaller companies and other niche reinsurers. Although we seek to provide coverage where capacity and alternatives
are limited, we will directly compete with these larger companies due to the breadth of their coverage across the property and casualty
market in substantially all lines of business.

We
cannot assure you that we will be able to compete successfully in the reinsurance market. Our failure to compete effectively could significantly
and negatively affect our financial condition and results of operations and may increase the likelihood that we may be deemed to be a
passive foreign investment company or an investment company.

If
actual renewals of our existing contracts do not meet expectations, our premiums assumed in future years and our future results of operations
could be materially adversely affected.

Many
of our contracts are generally written for a one-year term. In our financial forecasting process, we make assumptions about the renewal
of our prior year’s contracts. The insurance and reinsurance