Oxbridge Re Holdings

What Oxbridge Re Holdings does

Oxbridge Re Holdings Limited is a Cayman Islands-based reinsurance holding company founded in 2013 and listed on NASDAQ under tickers OXBR and OXBRW. The group operates three wholly owned subsidiaries: Oxbridge Reinsurance Limited (a Cayman-licensed reinsurer writing property and casualty reinsurance in the U.S. Gulf Coast, with fully collateralized contracts held in U.S. trust accounts), Oxbridge Re NS (which provides accredited-investor access to reinsurance contracts as a high-return alternative investment), and SurancePlus Inc. (a Web3 subsidiary launched to tokenize reinsurance participation as Real-World Assets, or RWAs). The core products are the Cat Re (Catastrophe Reinsurance) Token Series — including DeltaCat Re (2023, Avalanche), EtaCat Re, ZetaCat Re, and the 2026-27 T20-2027 and T42-2027 participation tranches — plus the HCI Re 2026 Series A/B/C, issued in partnership with HCI Group on the Solana blockchain via Alphaledger's regulated Vulcan Forge platform, with cross-chain distribution enabled through LayerZero across 160+ blockchain networks. Distribution into privacy-enabled and additional RWA rails extends through partnerships with Midnight Network and Plume.

The company's business model combines traditional reinsurance underwriting (net premiums earned of $555K in Q1 2026) with a tokenized alternative-investment offering targeting 20%–42% annual returns for qualified U.S. accredited investors (under Regulation D and Regulation S) and non-U.S. investors, accessed at a $5,000 minimum. Tokenized securities are priced in unit terms ($10.00 per participation share, with hurdle rates of 8% for the Balanced-Yield / T20 tranche and 16% for the High-Yield / T42 tranche) and incorporate AML/KYC controls and smart-contract automation. Investor capital — approximately $9M raised historically and a further ~$12M expected on full subscription of HCI Re 2026 — is deployed into reinsurance contracts written 1:1 without leverage. Commercial reach is extended through investor conferences (Abu Dhabi Finance Week, Global Blockchain Show, Solana Breakpoint 2025, Uncorrelated Cayman, LD Micro Main Event, RedChip) and direct reinsurance arrangements with Gulf Coast P&C insurers. Founder Jay Madhu serves as Chairman/CEO/President; CFO Wrendon Timothy has been with the company since 2013.

Name

Oxbridge Re Holdings

Legal name

Oxbridge Re Holdings Limited

Website

https://oxbridgere.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Oxbridge Re Holdings is a Cayman Islands-based NASDAQ-listed reinsurance holding company (OXBR) that operates through SurancePlus and licensed reinsurance subsidiaries to offer tokenized catastrophe reinsurance securities, targeting 20%–42% annual returns for qualified accredited investors while underwriting U.S. Gulf Coast P&C risk.

Ownership category

akta.pro rank

Product category

Tokenized Reinsurance Securities

NAICS

Reinsurance Carriers (524130), Reinsurance Carriers (52413)

SIC

Finance Services (6199)

akta.pro primary industry

Property Catastrophe Reinsurance (FSAOACAA)

akta.pro secondary industry

Property Treaty Reinsurance (FSAOAEAC)

Keywords

• Reinsurance securities
• Tokenized real-world assets
• Catastrophe reinsurance tokens
• Blockchain reinsurance platform
• Property casualty reinsurance

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tokenized Reinsurance Securities: SurancePlus issues digital tokens representing participation in catastrophe excess-of-loss reinsurance contracts. Investors receive returns tied to reinsurance contract performance, with target returns of 20% and 42%. Revenue derives from investor capital deployment into reinsurance contracts.
2. Reinsurance Underwriting: Oxbridge Reinsurance Limited and Oxbridge Re NS provide reinsurance contracts to property and casualty insurers in the U.S. Gulf Coast region. Revenue generated through reinsurance premiums collected for assuming underwriting risk.
3. Balanced Yield Token Returns: The Balanced Yield Token achieved 25% return in 2025-2026 cycle, exceeding the 20% target. High Yield Token tracking toward 42% return target. Returns distributed to investors based on reinsurance contract performance.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Oxbridge Re Holdings underwrites and issues tokenized reinsurance securities through its SurancePlus Web3 subsidiary, providing qualified accredited investors with blockchain-based access to catastrophe excess-of-loss reinsurance contracts written by its licensed reinsurance entities (Oxbridge Reinsurance Limited and Oxbridge Re NS) for U.S. Gulf Coast property and casualty insurers. Token offerings target annualized returns of 20% (balanced-yield tranche) and 42% (high-yield tranche), with a $5,000 minimum investment distributed via the Alphaledger Vulcan Forge platform on Solana and cross-chain via LayerZero.

Product overview

Oxbridge Re Holdings operates as a tokenized Real-World Asset (RWA) company pioneering the digitization of reinsurance securities through a platform-plus-subsidiary structure. The core offering consists of SurancePlus, a Web3 subsidiary that issues Cat Re (Catastrophe Reinsurance) tokenized securities including DeltaCat Re, EtaCat Re, and ZetaCat Re tokens on various blockchains. These tokenized products provide investors synthetic exposure to excess-of-loss reinsurance contracts written by Oxbridge Re NS and Oxbridge Reinsurance Limited, with target returns ranging from 20% to 42%. The company operates subsidiaries Oxbridge Re NS (investment products) and Oxbridge Reinsurance Limited (licensed reinsurance), all supporting property and casualty insurers in the U.S. Gulf Coast region.

Differentiator

Problem solved

Functional benefit

Brands

• Cat Re (Catastrophe Reinsurance) Token Series: Tokenized reinsurance securities series including DeltaCat Re, EtaCat Re, ZetaCat Re tokens that provide exposure to catastrophe excess-of-loss reinsurance contracts
• SurancePlus
• T20 Token
• T42 Token
• Balanced-Yield Token
• High-Yield Token

Products and services

• SurancePlus Inc. Web3-focused subsidiary of Oxbridge Re Holdings Limited that issues the Cat Re (Catastrophe Reinsurance) token series, enabling blockchain-based access to reinsurance investments targeting 20% and 42% returns for qualified accredited investors.
• Cat Re Token Series Multi-year catastrophe reinsurance token series including DeltaCat Re (2023, Avalanche), EtaCat Re, and ZetaCat Re tokens offering investors exposure to reinsurance contracts with targeted returns of 20% to 42%.
• T20-2027 (Balanced-Yield Token) Tokenized reinsurance participation shares targeting approximately 20% annual returns with 8% preferred annual hurdle rate, priced at $10.00 per digital participation share with reinsurance contracts written on a 1:1 basis without leverage.
• T42-2027 (High-Yield Token) High-yield tokenized reinsurance participation shares targeting approximately 42% annual returns with 16% preferred annual hurdle rate, priced at $10.00 per digital participation share.
• HCI Re 2026 Series A, B, C Three series of tokenized reinsurance securities targeting annualized returns of approximately 243% (Series A at $11.10/token, $36.00 redemption), 133% (Series B at $22.12/token, $49.00 redemption), and 19% (Series C at $30.01/token, $35.20 redemption), with $5,000 minimum investment for qualified investors.
• Oxbridge Re NS Wholly owned subsidiary offering investors access to reinsurance contracts as a high-return alternative investment opportunity with potential annualized returns of approximately 20% to 40%, with fully collateralized contracts and optional redemption at treaty year end.
• Oxbridge Reinsurance Limited Cayman Islands licensed reinsurance entity focusing on the U.S. Gulf Coast property and casualty market, offering fully collateralized reinsurance contracts held in trust accounts in the United States.

Quantifiable outcome

• 29.3% annualized return on EtaCat Re tokens (target was 20%)
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• HCI GroupcoreStrategic or Co-development Partner · 10 June 2026Oxbridge Re and its subsidiary SurancePlus partnered with HCI Group to launch three tokenized reinsurance securities (HCI Re 2026 Series A, B, and C) on the Solana blockchain, offering qualified investors synthetic exposure to excess-of-loss reinsurance contracts underwritten by HCI's Fortex Reinsurance SPC subsidiary. The offering targets annualized returns of approximately 243%, 133%, and 19%, with approximately $12 million expected to be added to SurancePlus's balance sheet.
• LayerZeroflagshipTechnology or Integration · 12 March 2026Integration with LayerZero's interoperability protocol enables cross-chain compatibility for SurancePlus's tokenized reinsurance products, expanding access beyond Solana to Ethereum, Polygon, Arbitrum, and over 160 blockchain networks total. This addresses liquidity fragmentation in blockchain-based insurance, estimated to cost approximately $1.3 billion annually.
• AlphaledgercoreTechnology or Integration · 11 December 2025Strategic partnership to bring tokenized reinsurance real-world assets (RWAs) to the Solana blockchain ecosystem, unveiled at Solana Breakpoint 2025. SurancePlus's high-yield reinsurance offerings targeting annual returns of 20% and 42% are distributed via Alphaledger's regulated Vulcan Forge platform to institutional investors and qualified accredited investors with a $5,000 minimum.
• SolanacoreTechnology or Integration · 11 December 2025Solana blockchain ecosystem serves as the primary blockchain infrastructure for SurancePlus's tokenized reinsurance securities. The partnership enables high-throughput, low-cost transactions for issuing and managing tokenized reinsurance products, with Solana Breakpoint 2025 serving as the launch venue for the Alphaledger partnership.
• Midnight FoundationminorStrategic or Co-development Partner · 16 June 2025Partnership to launch privacy-enabled tokenized reinsurance offering on the Midnight Network, announced through press releases as an expansion of the tokenized reinsurance ecosystem.
• Plume NetworkminorStrategic or Co-development Partner · 1 January 2025SurancePlus expanded tokenized reinsurance offerings through partnership with Plume Network, announced as expanding the RWA tokenized reinsurance market presence.

Scale indicators13 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• HCI Group: NYSE-listed property and casualty insurer that is both a strategic partner and corporate relative — HCI's CEO/founder Jay Madhu is also Oxbridge's CEO. HCI's Fortex Reinsurance SPC underwrites the excess-of-loss contracts backing the HCI Re 2026 tokenized series, making HCI the most direct comparability anchor for Oxbridge's tokenized reinsurance economics.

Broad incumbents

• Greenlight Capital Re: NASDAQ-listed specialty reinsurer that, like Oxbridge, is a small-cap public reinsurer with concentrated underwriting books. Comparable in business model structure (small public reinsurer with targeted underwriting strategy) and as a public-market reference point for valuation, though much larger in premium volume.
• Third Point Reinsurance: Bermuda-based specialty reinsurer with a public listing, comparable to Oxbridge in being a small, focused reinsurer with capital-markets DNA. Useful as a comp for how specialty reinsurance businesses are valued and scaled through reinsurance-linked securities.
• Munich Re: One of the world's largest reinsurers with active digital-asset and RWA initiatives. Comparable as a broad incumbent in property catastrophe reinsurance and as a long-term strategic benchmark for how the global reinsurance industry approaches blockchain-based capital sourcing.
• RenaissanceRe Holdings: NYSE-listed global property catastrophe and specialty reinsurer, and a recognized market leader in Gulf Coast hurricane risk. Comparable as a benchmark for the underlying reinsurance book Oxbridge Reinsurance Limited writes, although RenaissanceRe is far larger and diversified across multiple lines and geographies.

Emerging players

• Chainlink: Decentralized oracle network widely used in tokenized RWA infrastructure. Comparable as enabling technology for on-chain reinsurance and parametric insurance products, and as a benchmark for the broader RWA infrastructure ecosystem Oxbridge participates in.
• Polymesh: Institutional-grade blockchain built specifically for regulated securities and RWA tokenization. Comparable as the underlying chain technology and as an alternative infrastructure option for tokenized insurance/reinsurance securities competing with Oxbridge's Solana-based approach.
• Nexus Mutual: Decentralized insurance protocol providing crypto-native risk coverage. Comparable as a peer in the blockchain-based insurance space, though focused on smart-contract and crypto-asset risks rather than traditional catastrophe reinsurance.
• InsurAce.io: Decentralized insurance protocol offering coverage for crypto and DeFi risks. Comparable as an emerging player in on-chain insurance products, intersecting with Oxbridge at the Web3/crypto-investor segment but addressing different underlying risks.
• Securitize: Leading regulated digital securities platform for tokenized private market offerings, similar in regulatory positioning to Alphaledger's Vulcan Forge platform. Comparable as an infrastructure/competitor for the regulated distribution layer of Oxbridge's tokenized reinsurance products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OxbridgeRe
• LinkedInlinkedin.com/company/oxbridge-re-holdings-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxbridge Re Holdings