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0.0868347338935576 0.294117647058824 0.235014005602241 0.2296918767507 0.316526610644258 0.375350140056023 0.310924369747899 0.26890756302521
Stock impact report

Oxbridge Re Holdings Limited Reports Strong Performance for First Nine Months of 2021

Oxbridge Re Holdings Limited - Ordinary Shares (OXBR) 
US:NASDAQ Investor Relations: oxbridgere.com
Company Research Source: Accesswire
GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / November 12, 2021 / Oxbridge Re Holdings Limited (NASDAQ:OXBR), (the "Company"), a provider of reinsurance solutions primarily to property and casualty insurers, reported improved results for the three and nine months ended September 30, 2021.2021 HIGHLIGHTS:Net income of $6.5 million ($1.14 per share) in third quarterInvestment in Oxbridge Acquisition Corp. ("OXAC") formed to invest in disruptive technology markets, with a particular focus on blockchain, insurtech and artificial intelligence sectors.Unrealized gain of $7.1 million on completion of OXAC Initial Public Offering on August 11, 2021.Premium income rises on acceleration of premium recognition on reinsurance contract due to limit loss in third quarterLoss incurred of $158,000 on one contract due to impact of Hurricane Ida in third quarterSidecar investors in Series 2021-1 participating notes earn approximately 17% return"During the quarter, we were pleased to have completed our in Show less Read more
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