DealsJun 10, 2026, 04:22 PM
Oxbridge Re launches 3 tokenized reinsurance securities with HCI Group
AI Summary
Oxbridge Re Holdings Limited, through its subsidiary SurancePlus, announced an agreement with HCI Group, Inc. to launch three tokenized reinsurance securities. These securities, labeled HCI Re 2026 Series A, B, and C, will be issued on the Solana blockchain and provide synthetic contractual returns based on HCI's Fortex Reinsurance contracts. The offerings target annualized investor returns of up to 243% and are expected to add approximately $12 million to SurancePlus's balance sheet, while expanding access to reinsurance for qualified investors with minimum investments starting at $5,000.
Key Highlights
- Oxbridge Re, through SurancePlus, partnered with HCI Group to launch three tokenized reinsurance securities.
- The tokenized securities are HCI Re 2026 Series A, B, and C, issued on the Solana blockchain.
- Target annualized investor returns are approximately 243% for Series A, 133% for Series B, and 19% for Series C.
- The offerings are expected to add approximately $12 million to SurancePlus's balance sheet as restricted assets.
- Minimum investments are expected to start at approximately $5,000, reducing traditional capital requirements.
- The securities provide synthetic contractual returns based on Fortex Re's 2026-2027 reinsurance program.
- The offering aims to expand access to reinsurance for qualified investors under Rule 506(c) and Regulation S.
Price Impact
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