Oxbridge Re Reports Strong Tokenized Reinsurance Performance
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Oxbridge Re Holdings Ltd (OXBR) reported its Q3 earnings, showcasing strong performance in its tokenized reinsurance offerings, particularly the Balanced Yield Token and High Yield Token. Despite a decrease in net premiums earned due to lower reinsurance rates, the net loss for the quarter decreased significantly. Total expenses rose sharply, but management remains optimistic, focusing on disciplined underwriting and potential regular dividend payouts on CatRe tokens to enhance investor returns.
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