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An announcement from Oxbridge Re Holdings ( (OXBR) ) is now available.
Oxbridge Re Holdings Limited announced that potential underwriting losses may arise due to Hurricanes Helene and Milton, which impacted Florida in September and October 2024. While the company has not yet received any claims from ceding insurers, it estimates a possible maximum impact of $1.7 million on its capital by December 31, 2024, should claims be made.
More about Oxbridge Re Holdings
YTD Price Performance: -7.76%
Average Trading Volume: 30,148
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $23.7M
For an in-depth examination of OXBR stock, go to TipRanks’ Stock Analysis page.