Oxbridge Re Q1 Net Income $22K; SurancePlus Tokens Exceed Return Targets

Oxbridge Re Holdings reported Q1 2026 net income of $22,000, a significant improvement from a net loss of $139,000 in Q1 2025. The company's SurancePlus token platform showed strong performance, with the Balanced Yield Token (EtaCat Re) now anticipated to achieve a 25% annual return (up from 20%) and the High Yield Token (ZetaCat Re) on track for its 42% target. Cash and restricted cash increased to $8.19 million, reflecting balance sheet strength. The company is also exploring expanding its model into other high-quality, cash-generating asset categories like tokenized data center revenue streams, while net premiums earned decreased and total expenses and combined ratio increased.