Earnings Releases·Nov 9, 2026, 4:02 PM ET

Oxbridge Re Holdings Limited — Q3 2026 Earnings Summary

Q3 2026 net loss widened to $421,000 ($0.05/share) from $187,000 ($0.02/share) in Q3 2025, while the nine-month net loss narrowed significantly to $223,000 ($0.03/share) from $2.19 million ($0.30/share) in the prior year period.
Net premiums earned dropped to $86,000 for the quarter and $1.01 million for nine months due to reduced capital deployment, though combined cash and restricted cash rose $12.59 million to $19.57 million.
SurancePlus generated approximately $7.1 million in aggregate gross proceeds from five tokenized reinsurance offerings, while AI GridWorks launched in August 2026, having assembled a team and initiated site evaluations for data center infrastructure.
Management highlighted a strategic pivot to evaluate financing options for AI GridWorks, including potential tokenization, partnerships, or asset sales, while noting no underwriting losses for the nine months ended September 30, 2026.