Company: OXBRW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001493152-25-021063
Chunk: 57

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 57
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, 42 Edward Street, George Town, Grand Cayman, Cayman
Islands, and have their registered offices at P.O. Box 309, Ugland House, Grand Cayman, Cayman Islands.

The
Company’s ordinary shares and warrants are listed on The NASDAQ Capital Market under the symbols “OXBR” and “OXBRW,”
respectively.

(b)
Basis of Presentation and Consolidation

The
accompanying unaudited, consolidated financial statements of the Company have been prepared in accordance with accounting principles
generally accepted in the United States of America (“GAAP”) for interim financial information, and the Securities and Exchange
Commission (“SEC”) rules for interim financial reporting. Certain information and footnote
disclosures normally included in the consolidated financial statements prepared in accordance with GAAP have been omitted pursuant to
such rules and regulations. However, in the opinion of management, the accompanying interim consolidated financial statements
reflect all normal recurring adjustments necessary to present fairly the Company’s consolidated financial position as of September
30, 2025 and the consolidated results of operations and cash flows for the periods presented. The consolidated results of operations
for interim periods are not necessarily indicative of the results of operations to be expected for
any subsequent interim period or for the fiscal year ended December 31, 2025. The accompanying unaudited consolidated financial
statements and notes thereto should be read in conjunction with the audited consolidated financial
statements for the year ended December 31, 2024 included in the Company’s Form 10-K, which was filed with the SEC on March 26,
2025.

Uses
of Estimates: In preparing the interim unaudited consolidated financial statements, management was required to make certain estimates
and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosures at the financial
reporting date and throughout the periods being reported upon. Certain of the estimates result from judgments that can be subjective
and complex and consequently actual results may differ from these estimates, which would be reflected in future periods.

Material
estimates that are particularly susceptible to significant change in the near-term relate to the determination of the reserve for losses
and loss adjustment expenses (if any), which may include amounts estimated for claims incurred but not yet reported. The Company uses
various assumptions and actuarial data it believes to be reasonable under the circumstances to make these estimates. Although considerable
variability is likely to be inherent in these estimates, management believes that the amounts provided are