Oxbridge Re confirms 29.3% & 43.4% returns for 2025 tokenized reinsurance sidecar tranches

Oxbridge Re Holdings Ltd., the Cayman Islands based reinsurance company, alongside its subsidiary SurancePlus, has announced annualised returns of 29.3% and 43.4% for investors in its 2025- 2026 EtaCat Re and ZetaCat Re tokenized reinsurance offerings, which has exceeded their original respective target returns of 20% and 42%.

Oxbridge Re launched its Web3-focused venture SurancePlus back in 2022, utilising digital ledger technology to create tokenized reinsurance securities using the Avalanche blockchain.

These tokenized reinsurance securities serve as a funding mechanism to strengthen the firm’s collateralized reinsurance sidecar vehicle, Oxbridge Re NS.

In early 2025, Oxbridge Re, through SurancePlus, arranged two tranches of tokenized reinsurance securities.

As we reported at the time, both of these tranches were, balanced yield EtaCat Re securities with a 20% return target and high yield ZetaCat Re securities with a 42% return target, both of which supported its provision of reinsurance coverage to property and casualty insurers within the Gulf Coast region of the United States through the 2025 to 2026 wind season.

Last September, Oxbridge Re then revealed that its EtaCat Re and ZetaCat Re tokenized reinsurance securities remained on-track to achieve their targeted returns of 20% and 42%, respectively.

Then in February, Oxbridge Re updated expected returns, saying at the time, that the balanced yield EtaCat Re securities continued to track towards a 25% return, while the high yield ZetaCat Re securities remained on track to achieve its 42% target.

Now, Oxbridge Re has confirmed final returns of 29.3% and 43.4%, respectively, officially outperforming both original targets.

Earlier this year, Oxbridge Re also unveiled its latest offering for the 2026/2027 reinsurance contract year, with the company once again utilising a two tranche approach, one being higher-yield and one a lower-yielding reinsurance investment opportunity, labelled “T20-2027” and “T42-2027”, respectively.

And much like its 2025 offering, Oxbridge Re latest offering has targeted annual returns of 20% and 42%, but this year the tokens are listed on Alphaledger, utilising the Solana blockchain instead of Avalanche.

Oxbridge Re explained that the 2025 results highlight the strength of SurancePlus’ underwriting strategy, and also demonstrate the ability of its tokenized reinsurance offerings to generate attractive returns while providing investors exposure to an asset class that is not correlated to the capital markets.

In addition, Oxbridge Re noted that these results further validate the growing demand for tokenized real-world assets, and demonstrates the ability of SurancePlus’ tokenized real-world asset (RWA) platform, to provide investors with access to institutional-quality reinsurance investments and attractive risk-adjusted returns.

Jay Madhu, Chairman and CEO of Oxbridge and SurancePlus, commented: “We are pleased to have exceeded the original return targets for both offerings. These results validate our underwriting approach, demonstrate the strength of tokenized reinsurance as an investable asset class, and reinforce the value of providing investors access to institutional-quality reinsurance opportunities through a transparent blockchain-based structure.”

Earlier this month, we reported that HCI Group, Inc., is venturing into the wave of interest in taking risk on-chain and issuing tokenized reinsurance securities as a way to access risk capital through a partnership with Oxbridge Re. The partnership will reportedly see three tokens being offered to support risks held by its recently formed reinsurer Fortex Re.