Maxim Group analyst Allen Klee has maintained a Buy rating on Oxbridge Re Holdings while adjusting the valuation outlook. The price target has been reduced to $3 from the previous $5.

The revised target reflects a reassessment of the company's stock potential despite the continued positive recommendation. The rating indicates that Maxim Group still expects the shares to perform well relative to the broader market.

Oxbridge Re Holdings Limited, through its subsidiary SurancePlus, announced annualized returns of 29.3% and 43.4% for investors in its 2025-2026 EtaCat Re and ZetaCat Re tokenized reinsurance offerings. These returns exceeded the offerings' original target returns of 20% and 42%, respectively. The results demonstrate the ability of SurancePlus's tokenized real-world asset (RWA) platform to provide investors with access to institutional-quality reinsurance investments and attractive risk-adjusted returns.

The performance highlights the strength of SurancePlus's underwriting strategy and validates the growing demand for tokenized real-world assets. By providing direct access to reinsurance opportunities through a transparent, blockchain-based structure, the company offers exposure to an asset class that is not correlated to the capital markets.

Oxbridge Re Holdings Limited also announced that it has fully repaid the $1.0 million short-term promissory note previously disclosed on February 11, 2026, together with all accrued interest. Following this repayment, Oxbridge has no outstanding debt obligations on its balance sheet. This development strengthens the company's financial position and provides additional flexibility to pursue its strategic growth initiatives.

Jay Madhu, Chairman and CEO of Oxbridge and SurancePlus, commented that the results validate the company's underwriting approach. He emphasized that the performance demonstrates the strength of tokenized reinsurance as an investable asset class and reinforces the value of providing investors access to institutional-quality reinsurance opportunities through a transparent blockchain-based structure.