Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 407

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 407
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 them;

    ●
    blockchain transactions may be taken advantage of for
    financial crimes; and

    ●
    the Avalanche blockchain the tokenized RWAs rely upon
    and the tokenized RWAs themselves may be the target of malicious cyberattacks.

13

Failure
to become rated by A.M. Best, or receipt of a negative rating, could significantly and negatively affect our ability to grow.

Companies,
insurers and reinsurance brokers use ratings from independent ratings agencies as an important means of assessing the financial strength
and quality of reinsurers. This rating reflects the rating agency’s opinion of our financial strength, operating performance and
ability to meet obligations. It is not an evaluation directed toward the protection of investors or a recommendation to buy, sell or
hold our securities. A.M. Best assigns ratings based on its analysis of balance sheet strength, operating performance and business profile.

Currently,
A.M Best has not assigned us a financial strength rating, and we do not intend to seek a rating in the foreseeable future. Without a
rating, or if we received a negative rating, our growth potential and business strategy will be limited because of the need to collateralize
the insurance policies that we write.

Established
competitors with greater resources may make it difficult for us to effectively market our products or offer our products at a profit.

The
reinsurance industry is highly competitive. We compete with major reinsurers, all of which have substantially greater financial, marketing
and management resources than we do. Competition in the types of business that we seek to underwrite is based on many factors, including:

    ●
    premium charges;

    ●
    the general reputation
    and perceived financial strength of the reinsurer;

    ●
    relationships with reinsurance
    brokers;

    ●
    terms and conditions of
    products offered;

    ●
    ratings assigned by independent
    rating agencies;

    ●
    speed of claims payment
    and reputation; and

    ●
    the experience and reputation
    of the members of our underwriting team in the particular lines of reinsurance we seek to underwrite.

Additionally,
although the members of our underwriting team have general experience across many property and casualty lines, they may not have the
requisite experience or expertise to compete for all transactions that fall within our strategy of offering customized frequency and
severity contracts at times and in markets where capacity and alternatives may be limited.

Our
competitors Renaissance Re, Berkshire Hathaway, PartnerRe Ltd, Ae