Oxbridge Re Holdings Limited · NASDAQ:OXBR
Oxbridge Re — Investor Presentation (June 2023)
22 slides from Oxbridge Re's investor presentation, Jun 5, 2023
Slide 1: Oxbridge Re Holdings Limited
June 05 2023 fOXRE ‘www.OxbridgeRe.com f?SOXBR (NASDAQ: OXBR) Oxbridge Re Holdings Limited SurancePlus
Slide 2: Important Cautions Regarding Forward-Looking Statements
OXBR Important Cautions Regarding Forward- Looking Statements This presentation contains forward-looking statements. These forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “estimates,” “expects,” “intends,” “plans,” “p
Slide 3: Key Stats: OXBR
NS SR as Stock Price (06/02/23) $1.51 52 Week Low/High $1.07/$5.745 Common Shares Out. 5.87M Free Float, est. 491M Avg. Daily Vol. (3 mo.) 15.14k Warrant Price OXBRW (06/02/23) Ss $0.09 O SurancePlus Key Stats: OXBR* Market Capitalization Shareholder Equity Revenue (ttm) Diluted EPS (ttm) Price/Book
Slide 4: Why Oxbridge Re
Why Oxbridge Re Investments are in low-frequency high-severity property reinsurance in Gulf Coast states Oxbridge Re is a Cayman domiciled entity Attractive potential annualized ; : returns of ~20% to 40% for Transparency — Oxbridge Re is an ¥ reinsurance investments: SEC reporting company > Investm
Slide 5: Reinsurance Market Overview
Reinsurance Viarket Overview _ The global reinsurance industry is a multi-billion- > dollar market, estimated to be worth close to $500 billion.! The U.S. reinsurance business accounts for an estimated 40% of the global share.? According to IMF, Florida ranks as the 16th largest economy globally 5 T
Slide 6: About Oxbridge Re Holdings
BOXBR About Oxbridge Re Holdings Oxbridge Re is a Cayman Islands exempted holding company incorporated in 2013 with major holdings in: MOXRE OXAG * SurancePlus > Oxbridge Reinsurance: A licensed reinsurance subsidiary that providesreinsurance business solutions primarily to property and casualty ins
Slide 7: Oxbridge Reinsurance
@OXRE Oxbridge Oxbridge Reinsurance is a Cayman Islands Licensed reinsurance entity that focuses on the U.S. Gulf Coast property & casualty (P&C) market. > P&C insurance companies transfer risk through reinsurance. ~ Oxbridge Reinsurance offers fully collateralized reinsurance contracts. > Allreinsu
Slide 8: Oxbridge Reinsurance - Fully Collateralized
BOXBR fOXRE oxbridge Reinsurance - Fully Collateralized The total amount at risk in, areinsurance contractis secured through trust accounts on a fully collateralized basis. Losses are capped to the limit of the reinsurance contract. |OXBR (jussoA0-o%0e) __J 7 © © — Due to being fully collateralized,
Slide 9: Our Strategy
OXBR OxXRE Oxbridge Reinsurance Our Strategy > Fully collateralized reinsurance contracts are sold by reinsurance brokers > Focus on expanding our broker network and the number of contracts written > Follow the pricing of lead reinsurers which set risk premium > Focus on underwriting income
Slide 10: Oxbridge Re NS
Oxbridge Re NS Oxbridge Re NS is a licensed reinsurance sPv/side-car subsidiary. > Provides third-party investors with access to reinsurance contracts through participating notes with returns uncorrelated to the financial markets > Attractive potential annualized returns of ~20% to 40%* > Fully coll
Slide 11: Florida Storm History: Category 3 or Greater
OXBR Florida Storm History: Category 3 or Greater Backed by statistical data, the event of a Category 3 storm or higher is a low-frequency high-severity risk liosos 1960s 19705 1980s |1990s_ | 2000s | 20108) 2020s | 1952: None 1953: None 1954 None 1955: None 1956: None 1957: None 1958: None 1959: No
Slide 12: Perception vs. Reality
Perception vs. Reality ry v ” 16 1“ 4 1B 8 0 a 5 5 8 4 3 3 3 2 2 1 1 ° | ° | ° I ° ° 1] ° ° ts ms ° A ° A | | 2008 2007 2008 17 YEAR FLORIDA STORM FORECAST VS. ACTUALS 2008 ©2010» «20201220 204.2200? 2018S le storms Predicted” = Mojor Storms Predicted” mCotegory $+ actuals (Florida)** 2020 2021 2022
Slide 13: Oxbridge Acquisition Corp (OXAC)
BOXBR re) oa OXAC Oxbridge > Oxbridge Acquisition Corp. (NASDAQ: OXAC), is a special purpose acquisition company ("SPAC”) that recently announced a merger with Jet.Al Inc (“Jet.Al"). Closing expected to occur within 60 days > Jetal, is an aviation software company with a private jet charter and memb
Slide 14: Jet.AI Business Combination
OXAC OXBR Oxbridge Acquisition Corp ET. Al Jet.Al Business Combination e _— Transaction Details Transaction Rationale Mgmt. & Sponsor Alignment Equity rollover $45 million ~~ Public market would increase © Existing shareholders of Jet.Al to $60M of warrants at strike price growth opportunities for t
Slide 15: Jet.AI Aviation Division
BOXBR Oxbridge Acquisition Corp Jet.Al Business Combination Jet.Al Aviation Division: Capital Light Business Aviation Aircraft / Jet Card On-Fleet Fraction Sales Sales Charter Onboard Buyer Program Brokerage JET.Al provides a comprehensive solution for an array of customers, from low time charter fl
Slide 16: OXBR - Investment Portfolio
OXBR OXBR - Investment Portfolio Investment Portfolio Allocation QI 2023 Equity Securities Cash & Restricted Cash Other Investments - SPAC Total Investment Portfolio % of Total 3.62 23 ‘= Other Investments - SPAC 1.8 73 $16.13 100%
Slide 17: SurancePlus - New Web3-Focused Division
= SurancePlus SurancePlus BOXBR SurancePlus — New Web3-Focused Division > v SurancePlus is a new offshore Web3-focused subsidiary that will issue digital securities using the Avalanche blockchain that represent fractional, indirect interests in real-world assets; The digital securities provide right
Slide 18: SurancePlus Innovates on Oxbridge Re NS
= SurancePlus SurancePlus > vv SurancePlus innovates upon Oxbridge Re NS's existing product that has a track record of success Oxbridge Re NS has a proven track record of success, averaging 29% estimated returns over the past 3 years Uncorrelated to the financial markets Reinsurance rates this year
Slide 19: SurancePlus - Transaction Structure
BOXBR SurancePlus - Transaction Structure a The digital securities offered by SurancePlus are asset-backed digital reinsurance securities implemented as a token. The underlying assets are fully collateralized reinsurance contracts underwritten by Oxbridge SurancePlus Re’s CIMA-regulated reinsurance
Slide 20: Key Takeaways
Key => Balance Sheet with cash & restricted cash of $3.62M +> Investment in SPAC totaling $11.8m. > New Web8-focused Co, SurancePlus poised to take advantage of blockchain / reinsurance real world applications > executives with strong track record & insurance industry expertise > Increased underwrit
Slide 21: Leadership Team
Leadership Team Jay Madhu Chairman CEO & Director of Oxbridge Re (NASDAQ: OXBR) Jay serves as Chairman of the Board, Chiet Executive Officer and President of Oxbridge Re Holdings (NASDAQ: OXBR), as well as its licensed reinsurance subsidiaries and its Web3 startup SurancePlus that democratizes reins
Slide 22: Contact
ROXBR (NASDAQ: OXBR) Contact Company Contact Jay Madhu, President, CEO Cayman Cayman Tel: +1345 749-7567 Email: jmadhu@oxbridgere.com Office Location suite 201 42 Edward Street, P.O. Box 469 Grand Cayman, KYI-9008 (2) www.OxbridgeRe.com (2) www.SurancePlus.com Registrar and Transfer Agent Broadridge
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