Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 320

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 320
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 may be subject, in certain cases, to arrangements satisfactory
to applicable regulatory bodies, and proposed legislation and regulations may have the effect of imposing additional requirements upon,
or restricting the market for, non-U.S. reinsurers such as Oxbridge Reinsurance Limited and Oxbridge Re NS, with whom domestic companies
may place business. We do not know of any such proposed legislation pending at this time.

Furthermore,
we may not be able to comply fully with, or obtain desired exemptions from, revised statutes, regulations and policies that currently,
or may in the future, govern the conduct of our business. Failure to comply with, or to obtain desired authorizations and/or exemptions
under, any applicable laws could result in restrictions on our ability to do business or undertake activities that are regulated in the
jurisdictions in which we operate and could subject us to fines and other sanctions. In addition, changes in the laws or regulations
to which our reinsurance subsidiary is subject or may become subject, or in the interpretations thereof by enforcement or regulatory
agencies, could have a material adverse effect on our business, our business plans, and our growth strategy.

We
will likely be exposed to credit risk due to the possibility that counterparties may default on their obligations to us.

Due
to our investments in our portfolio, we are exposed to credit risk due to the possibility that counterparties may default on their obligations
to us. Issuers or borrowers whose securities or debt we hold, customers, reinsurers, clearing agents, exchanges, clearing houses and
other financial intermediaries and guarantors may default on their obligations to us due to bankruptcy, insolvency, lack of liquidity,
adverse economic conditions, operational failure, fraud or other reasons. Such defaults could have a significant and negative effect
on our results of operations, financial condition and cash flows.

Risks
Relating to our Securities

Provisions
of our Third Amended and Restated Memorandum and Articles of Association (“Articles”) could adversely affect the value of
our securities.

Our
Articles permit our Board of Directors to allot, issue, grant options over or otherwise dispose of further shares (including fractions
of such share) with or without preferred, deferred or other rights or restrictions, whether in regard to dividend or other distribution,
voting, return of capital or otherwise and to such persons, at such times and on such other terms as they consider appropriate. Accordingly,
our Board of Directors may authorize the issuance of preferred shares with terms and conditions and under circumstances that could have