Oxbridge Re sees net loss in Q1 as CoR climbs to 99.8%

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Reinsurance News - May 10, 2024

Oxbridge Re, the Cayman Islands-based reinsurance company, has disclosed a Q1 2024 net loss of $905,000 compared to a net income of $142,000 in Q1 2023. According to the firm, the decrease is primarily due to the negative change in the fair value of equity securities and investments during the openi...

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