Oxbridge Re's RWA Subsidiary SurancePlus Reports 49% Realized Return on Its 2023/24 DeltaCat Re Tokenized Reinsurance Securities
Oxbridge Re's RWA Subsidiary SurancePlus Reports 49% Realized Return on Its 2023/24 DeltaCat Re Tokenized Reinsurance Securities
GRAND CAYMAN, Cayman Islands, June 11, 2024 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (Nasdaq: OXBR) ("The Company"), together with its subsidiaries is engaged in the business of tokenized Real-World Assets ("RWAs") initially in the form of tokenized reinsurance securities, and reinsurance solutions primarily to property and casualty insurers, today announced that its Web3-focused, subsidiary, SurancePlus Inc. ("SurancePlus"), earned an impressive 49.11% return on its tokenized reinsurance security, DeltaCat Re exceeding the initial ROI projection of 42%.
开曼群岛格兰特凯曼,2024年6月11日(环球新闻线)-- Oxbridge Re Holdings Limited(纳斯达克:OXBR)(“公司”)及其子公司主要从事于代币化的实际世界资产(“RWAs”)交易,最初是代币化的再保险证券,以及为财产和意外保险公司提供再保险解决方案。今天宣布,其以Web3为重点的子公司SurancePlus Inc。的代币化再保险证券DeltaCat Re表现惊人,获得49.11%的回报率,超过42%的初始ROI预期。DeltaCat Re数字证券是根据美国证券交易委员会(SEC)规定的美国证券交易委员会(SEC)506(c)规则针对美国认可投资者,以及根据美国证券法1933年修正案的S条款规定向非美国投资者提供的(“Regulation S”)进行的。Oxbridge Re的总裁兼首席执行官Jay Madhu在谈到SurancePlus提供的DeltaCat Re Token的回报时表示:“去年SurancePlus通过将数字创新和洞察力融入再保险证券,从而通过Avalanche区块链将RWAtoken化安全整合到了Oxbridge Re的专项车辆Oxbridge Re NS中,从而使再保险作为一种替代投资更具可访问性。我们对于DeltaCat Re代币投资者的回报非常满意。展望未来,我们对于即将结束的EpsilonCat Re Token 2024/25年融资的业务前景感到兴奋。
The DeltaCat Re digital security was offered to United States ("US") accredited investors under Rule 506(c) of US Securities and Exchange Commission (SEC) Regulation D and to non-US investors pursuant to Regulation S of the US Securities Act 1933, as amended.
本新闻稿不构成出售DeltaCat Re token或代币化利息交易DeltaCat Re token(“证券”)的要约或邀请。根据美国证券法1933年修正案的规定,这些证券不需要及未被注册,并依赖Regulation S和Regulation D(SEC Rule 506(c))规定下的豁免进行。证券的提供仅根据与证券相关的机密私募备忘录中规定的条款进行。证券的提供未遵守该管辖区内的证券,蓝天或其他法律的人士。
Jay Madhu, President and CEO of Oxbridge Re, commented on the returns of the DeltaCat Re Token delivered by SurancePlus, "Last year, SurancePlus enhanced Oxbridge Re's special purpose vehicle, Oxbridge Re NS, by integrating digital innovations and insights by offering an RWA tokenized security, thus making reinsurance more accessible as an alternative investment through the Avalanche blockchain. We are pleased with the impressive returns for DeltaCat Re token investors. Looking ahead, we are excited about the long-term prospects of our business as we approach the close of our capital raise for the 2024/25 EpsilonCat Re Token''.
关于Oxbridge Re Holdings Limited Oxbridge Re Holdings Limited (Oxbridge Re)总部位于开曼群岛。该公司通过其子公司SurancePlus Inc.、Oxbridge Re NS和Oxbridge Reinsurance Limited向财产和意外险公司提供代币化的实际资产(RWAs)作为代币化的再保险证券和再保险解决方案。
Disclaimer: This press release does not constitute an offer to sell nor a solicitation of an offer to buy the DeltaCat Re tokens or the Series DeltaCat Re tokenized interests underlying the tokens (the "Securities"). The Securities are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and Regulation D (SEC Rule 506(c)) thereunder. Offers and sales of the Securities are made only by, and pursuant to, the terms set forth in the Confidential Private Placement Memorandum relating to the Securities. The offering of the Securities is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.
免责声明美国海湾地区的保险公司通过我们的持牌再保险商Oxbridge Reinsurance Limited和Oxbridge Re NS购买财产和意外再保险。
About Oxbridge Re Holdings Limited
我们的Web3重点子公司SurancePlus Inc.已经开发出了第一种由一家上市公司的子公司赞助的“链上”再保险RWA。通过将再保险合同的权益数字化为链上RWAs,SurancePlus将再保险的可用性作为替代投资机会民主化,使得美国和非美国投资者都能够获得该项资产。
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) ("Oxbridge Re") is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets ("RWAs") as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
Oxbridge Re Holdings Limited(纳斯达克:GPV)OXBR, OXBRW)(Oxbridge Re)总部位于开曼群岛。该公司通过其子公司SurancePlus Inc.、Oxbridge Re NS和Oxbridge Reinsurance Limited向财产和意外险公司提供代币化的实际资产(RWAs)作为代币化的再保险证券和再保险解决方案。
Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
保险业务在美国墨西哥湾地区通过我们的持牌再保险公司Oxbridge Reinsurance Limited和Oxbridge Re NS购买财产和意外险。
Our Web3-focused subsidiary, SurancePlus Inc. has developed the first "on-chain" reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly-traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non-U.S. investors.
我们的Web3重点子公司SurancePlus Inc. 已经开发出由上市公司的子公司赞助的第一种“链上”再保险RWA。通过将再保险合同的权益数字化为链上RWAs,SurancePlus将再保险作为一种替代投资机会民主化,以供美国和非美国投资者使用。
Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
jmadhu@oxbridgere.com
公司联系人:
Oxbridge Re Holdings Limited
Jay Madhu,首席执行官
+1 345-749-7570
电子邮箱: jmadhu@oxbridgere.com
Forward-Looking Statements
前瞻性声明
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "estimate," "expect," "intend," "plan," "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled "Risk Factors" contained in our Form 10-K filed with the Securities and Exchange Commission ("SEC") on 26th March 2024. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company's business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward-looking statement contained in this press release, even if the Company's expectations or any related events, conditions or circumstances change.
本新闻稿可能包含根据1995年《私人证券诉讼法》发布的前瞻性陈述。诸如“预计”、“估计”、“期望”、“意图”、“计划”、“项目”等词语和其他类似的词语和表达意图,都意味着前瞻性陈述。前瞻性陈述并非对未来结果和情况的保证,而是可能受到各种风险和不确定性的影响。在我们提交于2024年3月26日证券交易委员会(“SEC”)的10-K表格所包含的“风险因素”部分详细讨论了这些风险和不确定性,这些风险和不确定性可能导致实际结果和事件与前瞻性陈述有所不同。本新闻稿中的任何前瞻性陈述都仅适用于本新闻稿发布之日,即使公司的期望或任何相关事件、情况或环境发生变化,公司也没有义务更新本新闻稿中的任何前瞻性陈述,这是法律规定的,除非有法律要求。