Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 129

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 14
Chunk 129
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 $- 
  
    2021 

    $158  
    $158  
    $158  
    $158 
  
    2022 

    $1,073  
    $1,073  
    $1,073 
  
    2023 

    $-  
        
    $-  
    $- 
  
    2024 

    $-  
    $- 

     Total  

    $67,321 
  
    Reserve for loss and loss adjustment expenses at December 31, 2024, net of reinsurance  

    $- 

The
following table shows the historical average annual percentage payout of claims at December 31, 2024.

 SCHEDULE
OF HISTORICAL AVERAGE ANNUAL PERCENTAGE PAYOUT OF CLAIMS

    Average Annual Percentage Payout of Incurred Claims by Age 

    Years 
     1  
     2  
     3  
     4  
     5  
     6 

    Property Catastrophe Reinsurance 
     57.8% 
     34.0% 
     9.1% 
     0.0% 
     0.0% 
     0%

    F-21

OXBRIDGE
RE HOLDINGS LIMITED AND SUBSIDIARIES

Notes
to Consolidated Financial Statements, Continued

8.
LOSS PER SHARE

A
summary of the numerator and denominator of the basic and diluted loss per share attributable to ordinary shareholders is presented below
(dollars in thousands except per share amounts):

SCHEDULE
OF COMPUTATION OF BASIC AND DILUTED LOSS EARNING PER SHARE

    2024  
    2023 

    Years ended December 31 

    2024  
    2023 

    Numerator: 

    Net loss attributable to ordinary shareholders 
    $(2,726) 
     (9,915)

    Denominator: 

    Weighted average shares - basic 
     6,099,051  
     5,867,129 
  
    Weighted average shares - diluted 
     6,099,051  
     5,867,129 
  
    Loss per share - basic 
    $(0.45) 
     (1.69)
  
    Loss earnings per share - diluted