Company: OXBRW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001493152-25-021063
Chunk: 72

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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In thousands)  
    (In thousands) 
  
    Total assets 
     7,241  
     4,794 
  
    Amounts due to EpsilonCat
    Re / DeltaCat Re / ZetaCat Re / EtaCat Re tokenholders** 
     2,057  
     2,284 
  
    Due to Parent 
     31  
     40 
  
    Risk Capital Payable 
     263  
     - 
  
    Total shareholder’s equity 
     4,889  
     2,470 

    *
    represents
    allocation to tokenholders capital and income toward Hurricane Milton loss
  
    **
    includes
    underwriting profit of $1,013,000 (2024: $315,000) due to Parent.

    16

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements (unaudited)

September
30, 2025

7.
RESERVE FOR LOSSES AND LOSS ADJUSTMENT EXPENSES

SCHEDULE
OF LOSS ADJUSTMENT EXPENSES

    At
                                                                                September 30, 2025  
    At
                                                                                September 30, 2024 

    (in thousands) 

    Balance, beginning of period 
    $-  
    $           - 
  
    Incurred related to: 

    Current period 
     -  
     - 
  
    Prior period 
     2,293  
     - 
  
    Total
    incurred 
     2,293  
     - 
  
    Paid related to: 

    Current period 
     (175) 
     - 
  
    Prior period 
     (2,118) 
     - 
  
    Total
    paid 
     (2,293) 
     - 
  
    Balance, end of period 
    $-  
    $- 

When
losses occur, the reserves for losses and LAE are typically comprised of case reserves (which are based on claims that have been reported)
and IBNR reserves (which are based on losses that are believed to have occurred but for which claims have not yet been reported and include
a provision for expected future development on existing case reserves). The Company typically suffers limit losses in the event of a
Category 3 or above hurricane making landfall