Cayman Islands-based collateralized reinsurer Oxbridge Re Holdings Ltd. has not received claims related to Hurricanes Helene and Milton, suggesting minimal impact on its reinsurance layers, Reinsurance News reported. However, the company noted potential claims could affect its capital by up to $1.7 million. Despite a net loss of $821,000 in the second quarter of 2024, Oxbridge Re saw a significant increase in net premiums earned.
