FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Oxbridge Re Holdings Ltd Surged After Custodian Ventures LLC Announced a 9.9% Ownership Interest”
Oxbridge Re Holdings Ltd. surged over 31% in premarket trading after Custodian Ventures LLC announced its acquisition of approximately 9.9% of the ordinary shares outstanding of Oxbridge Re.
Custodian Ventures LLC, an investment fund specializing in reverse merger and other event-driven opportunities, has also urged the company to actively explore new potential strategic options in a bid to create additional shareholder value.
Oxbridge Re is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through Oxbridge Re’s licensed reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge RE NS, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re specializes in underwriting medium frequency, high severity risks, where it believes sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts.
For more information, please visit: Oxbridge Re Holdings Ltd.
About The Buzz: A Financial Buzz Show on daily news, covering the most up to date financial information. The Buzz intends to provide factual and relevant information for its audience. The Buzz is 100% original content, created by Financial Buzz Media. Located on Wall Street in the heart of New York City’s financial district, FinancialBuzz.com is a credible source for the world’s latest trending financial and economic news. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content.