Oxbridge Re Holdings Limited
Oxbridge Re Estimates Losses from Hurricane Michael and California Wildfires and Announce 2018 Fourth Quarter Results on March 19, 2019
Wednesday, January 16, 2019 4:30 PM
GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / January 16, 2019 / Oxbridge Re (NASDAQ: OXBR) announced that it expects its fourth quarter 2018 results to include $3.1 million in losses from Hurricane Michael and $2.9 million in losses from California Wildfires, both after taking into consideration its quota-share arrangement through its reinsurance sidecar, Oxbridge Re NS. Total notable large losses are expected to impact the fourth quarter 2018 by approximately $6 million.
Oxbridge Re also announced that it plans to hold a conference call on Tuesday, March 19, 2019 at 4:30 p.m. Eastern time to discuss results for the fourth quarter ended December 31, 2018. Financial results will be issued in a press release after the close of the market on the same day. Oxbridge Re's management will host the presentation, followed by a question and answer period.
Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section of the company's website at www.OxbridgeRe.com.
Date: Tuesday, March 19, 2019
Time: 4:30 p.m. Eastern time
Listen-only toll-free number: 877-407-0782
Listen-only international number: 201-689-8567
Please call the conference telephone number 10 minutes before the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Precision IR at 919-481-4000 or [email protected].
A replay of the call will be available by telephone after 4:30 p.m. Eastern time on the same day of the call and via the Investor Information section of Oxbridge's website at www.OxbridgeRe.com until Apr. 19, 2019.
Toll-free replay number: 877-481-4010
International replay number: 919-882-2331
Replay passcode: 42070
About Oxbridge Re Holdings Limited
Oxbridge Re (www.oxbridgere.com) is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through Oxbridge Re's licensed reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge RE NS, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re specializes in underwriting medium frequency, high severity risks, where it believes sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. The company's ordinary shares and warrants trade on the NASDAQ Capital Market under the symbols "OXBR" and "OXBRW," respectively. The company's ordinary shares are included in the Russell Microcap Index.
Oxbridge Re Holdings Limited
Jay Madhu, CEO
RFB Communications Group
SOURCE: Oxbridge Re Holdings Limited