Company: OXBRW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001493152-25-021063
Chunk: 118

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 118
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     11.0% 
     11.0%
  
    Expense ratio 
     146.8% 
     83.7% 
     156.2% 
     98%
  
    Combined ratio 
     146.8% 
     83.7% 
     288.6% 
     98%

General.
Net loss for the quarter ended September 30, 2025 was $187,000, or ($0.02) basic and diluted loss per share compared to a net loss of
$540,000, or ($0.09) basic and diluted loss per share, for the quarter ended September 30, 2024. The decrease in net loss is primarily
due to the decrease in unrealized loss on other investments during the quarter ended September 30, 2025 when compared with the prior
period.

Net
loss for the nine-months ended September 30, 2025 was $2.19 million, or ($0.30) basic and diluted loss per share compared to a net loss
of $2.27 million, or ($0.37) basic and diluted loss per share, for the nine-months ended September 30, 2024. The decrease in net loss
is primarily due to the decrease in unrealized loss on other investments during the nine-month period ended September 30, 2025 when
compared with the prior period.

Premium
Income. Net premiums earned typically reflects the pro rata inclusion into income of premiums assumed over the life of the reinsurance
contracts.

Net
premiums earned for the quarter ended September 30, 2025 decreased to $555,000 from $595,000 for the quarter ended September 30,
2024. The decrease is due to lower weighted average rate on reinsurance contracts in force during the quarter ended September 30,
2025, when compared to the prior period. 

Net
premiums earned for the nine-months ended September 30, 2025 increased to $1.73 million from $1.71 million for the nine-month period
ended September 30, 2024. The increase is due to higher weighted average rate on reinsurance contracts in force during the
nine-month period ending September 30, 2025, when compared to the prior period. 

Losses
Incurred. There were no losses incurred during the three-month period ending September 30,
2025 and September 30,