Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 651

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 2
Chunk 651
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us and include a minimum net worth requirement. Currently, the minimum net worth requirement for Oxbridge Reinsurance Limited and Oxbridge
Re NS is $500. As of December 31, 2024, both subsidiaries exceeded the minimum requirement. By law, Oxbridge Reinsurance Limited and
Oxbridge Re NS is restricted from paying a dividend if such a dividend would cause its net worth to drop to less than the required minimum.

28

We
paid no dividends in both 2024 and 2023.

Any
future determination to declare cash dividends will be made at the discretion of our Board of Directors, subject to applicable laws,
and will depend on a number of factors, including our financial condition, results of operations, capital requirements, contractual restrictions,
general business conditions and other factors that our Board of Directors may deem relevant.

Unregistered
Sales of Equity Securities

There
were no unregistered sales of equity securities by us during the year ended December 31, 2024, other than as previously disclosed in
our Current Report on Form 8-K filed with the SEC on July 11, 2024

Issuer
Purchases of Equity Securities

The
Company did not repurchase any ordinary shares or warrants in 2024.

ITEM
6 [RESERVED]

Not
applicable.

ITEM
7 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The
following management discussion and analysis is intended to help the reader understand our business, financial condition, results of
operations, liquidity and capital resources. You should read this discussion in conjunction with our Consolidated Financial Statements
and the related notes contained elsewhere in this Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

This
discussion contains forward-looking statements that are not historical facts, including statements about our beliefs and expectations.
These statements are based upon current plans, estimates and projections. Our actual results may differ materially from those projected
in these forward-looking statements as a result of various factors. See “Forward Looking Statements” appearing at
the beginning of this Annual Report on Form 10-K and Item 1A, “Risk Factors.”

General

The
following is a discussion and analysis of our results of operations for the years ended December 31, 2024 and 2023 and our financial
condition as of December 31, 2024 and 2023. The following discussion should be read in conjunction with our consolidated financial statements
and related notes