cryptocurrency

Oxbridge Re Ltd., the Cayman Islands based reinsurance company, is planning to expand its offering of tokenized reinsurance securities that fund its collateralized reinsurance sidecar vehicle Oxbridge Re NS, with the launch of a second tranche of notes that appear set to have a lower risk-return profile.

Members Capital Management Limited, a Bermuda-based asset manager focused on bringing new sources of reinsurance capital to the insurance-linked securities (ILS) sector using digital and tokenized assets, has appointed UK public and private sector leader Lord Chris Holmes MBE to its strategic advisory board.

Oxbridge Re Ltd., the Cayman Islands based reinsurance company, has announced the successful raising of $2.88 million for its sidecar structure through EpsilonCat Re tokenized reinsurance securities issued by its subsidiary SurancePlus Inc.

A new Bermuda-based asset manager has emerged named Members Capital Management Limited with well-known insurance-linked securities (ILS) industry executive Ben Fox in the Chief Investment Officer role and a mission to (re)diversify sources of reinsurance capital using digital and tokenized assets.

Cayman headquartered reinsurance company Oxbridge Re has reported that the firm’s first series of tokenized reinsurance sidecar securities have now realised a 49% return for the investors backing them, surpassing both initial and updated expectations.

Oxbridge Re Ltd., the Cayman Islands based reinsurance company, has announced today that it is considering “strategic alternatives” for the business, including a potential sale or merger, various capital actions, or even spinning out its tokenized reinsurance investments unit.

According to Jay Madhu, the Chairman and Chief Executive Officer of Cayman headquartered reinsurer Oxbridge Re, the firm’s first series of tokenized reinsurance sidecar securities are set to deliver investors a 45% return, surpassing the initial expectation of 42%.

Oxbridge Re Ltd., the Cayman Islands based reinsurance company, has launched its second reinsurance sidecar fundraising effort through the sale of up to $10 million of EpsilonCat Re tokenized reinsurance securities issued by its subsidiary SurancePlus Inc.

Oxbridge Re Ltd., the Cayman Islands based reinsurance company, is anticipating that investors in the first series of tokenized reinsurance securities issued by its subsidiary SurancePlus Inc. will receive a roughly 42% return for the first treaty year.

Insurtech Nayms has facilitated a first secondary trade of participation tokens on its platform, as two parties traded a participation in what was the first cryptocurrency denominated industry loss warranty (ILW) transaction.