Oxbridge Re Holdings announces participation in industry events, showcasing tokenized reinsurance solutions and Web3 innovations.
Quiver AI Summary
Oxbridge Re Holdings Limited has announced its participation in several key industry events, emphasizing its focus on tokenizing Real-World Assets (RWAs) and offering reinsurance solutions through its subsidiary, SurancePlus Inc. The company highlighted its recent successful marketing efforts at notable events including RWA Day in Salt Lake City, Token 2049 in Singapore, and Ripple Swell in Miami, where CEO Jay Madhu spoke. Upcoming conferences include the Milken Institute Summit and Abu Dhabi Finance Week, further showcasing Oxbridge Re's role in the digital assets and blockchain sectors. The company aims to present its innovative on-chain reinsurance RWAs, designed to offer broader investment access.
Potential Positives
- Oxbridge Re is actively participating in multiple significant industry events, enhancing its visibility and engagement in the growing sectors of digital assets and blockchain.
- The company's subsidiary, SurancePlus Inc., is notable for developing the first "on-chain" reinsurance RWA sponsored by a publicly traded company, showcasing innovation in the tokenization of reinsurance.
- Participation in high-profile events such as the Milken Institute Middle East and Africa Summit and the Global Blockchain Congress positions Oxbridge Re to connect with key stakeholders and industry leaders.
- The successful marketing efforts highlighted in the press release indicate positive momentum and strategic engagement within the fintech and reinsurance markets.
Potential Negatives
- The announcement of the company's participation in multiple industry events may indicate a need for increased visibility and marketing efforts due to past challenges in establishing market presence.
- The mention of forward-looking statements highlights potential risks and uncertainties that could adversely affect business outcomes, which could concern investors.
- The need to promote a new tokenized reinsurance offering may suggest that the company is trying to innovate in response to competitive pressures in the insurance market.
FAQ
What is Oxbridge Re Holdings Limited known for?
Oxbridge Re is engaged in the tokenization of Real-World Assets, specifically through tokenized reinsurance securities.
What industry events is Oxbridge Re participating in?
Oxbridge Re is participating in several key industry events, including the Milken Institute Summit and Bitcoin Mena 2024.
Who is the CEO of Oxbridge Re?
Jay Madhu is the CEO of Oxbridge Re Holdings Limited.
Where is Oxbridge Re headquartered?
Oxbridge Re is headquartered in the Cayman Islands.
How does SurancePlus contribute to the reinsurance market?
SurancePlus has developed the first on-chain reinsurance RWA, democratizing access to reinsurance as an alternative investment.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OXBR Insider Trading Activity
$OXBR insiders have traded $OXBR stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.
Here's a breakdown of recent trading of $OXBR stock by insiders over the last 6 months:
- ALLAN S. MARTIN has traded it 16 times. They made 0 purchases and 16 sales, selling 65,329 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$OXBR Hedge Fund Activity
We have seen 4 institutional investors add shares of $OXBR stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HENRICKSON NAUTA WEALTH ADVISORS, INC. added 31,800 shares (+212.0%) to their portfolio in Q3 2024
- VIRTU FINANCIAL LLC removed 13,413 shares (-100.0%) from their portfolio in Q3 2024
- CITADEL ADVISORS LLC removed 11,922 shares (-100.0%) from their portfolio in Q2 2024
- QUINN OPPORTUNITY PARTNERS LLC removed 5,000 shares (-8.5%) from their portfolio in Q3 2024
- GEODE CAPITAL MANAGEMENT, LLC added 4,141 shares (+3.3%) to their portfolio in Q3 2024
- TOWER RESEARCH CAPITAL LLC (TRC) removed 1,599 shares (-49.6%) from their portfolio in Q3 2024
- JAFFETILCHIN INVESTMENT PARTNERS, LLC added 1,503 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GRAND CAYMAN, Cayman Islands, Dec. 09, 2024 (GLOBE NEWSWIRE) --
Oxbridge Re Holdings Limited
(Nasdaq:
OXBR
) ("Oxbridge Re")
, together with its subsidiaries, is engaged in the tokenization of Real-World Assets ("RWAs"), initially with tokenized reinsurance securities, and in providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States. Today, announced its upcoming participation in several key industry events alongside its Web3-focused subsidiary, SurancePlus Inc. ("SurancePlus"), highlighting the success of recent marketing efforts.
As part of our comprehensive marketing strategy, we actively participate in prestigious global tech talks, conferences, and fintech events to promote our brand and engage with industry leaders. Recent notable events include RWA Day in Salt Lake City, Utah (October 8, 2024), Token 2049 in Singapore (September 18-19, 2024), Ripple Swell in Miami (October 15-16, 2024), Digital Assets Week in Singapore (November 4-5, 2024), and FinTech Festival in Singapore (November 6-8, 2024). At several of these events, our Chairman and CEO, Jay Madhu, participated as a speaker. These platforms provide Oxbridge and SurancePlus with opportunities to showcase their pioneering work in the issuance of tokenized reinsurance securities within the RWA and Web3 sectors.
In addition to these events, we are pleased to announce our upcoming participation in the following key industry conferences:
2024 Milken Institute Middle East and Africa Summit
| Abu Dhabi, UAE | December 4-6
Abu Dhabi Business Week
| Abu Dhabi, UAE | December 4-6
Bitcoin Mena 2024
| Abu Dhabi, UAE | December 9-10
Abu Dhabi Finance Week
| Abu Dhabi, UAE | December 9-12
Global Blockchain Congress
| Dubai, UAE | December 12-13
We will continue to share updates on our participation in these events through press releases and look forward to connecting with key stakeholders across the digital assets, blockchain, and fintech sectors.
About Oxbridge Re Holdings Limited
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 wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
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.
Our Web3-focused subsidiary,
SurancePlus Inc.
("SurancePlus"), 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.
Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
jmadhu@oxbridgere.com
Forward-Looking Statements
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.
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