Oxbridge Re Holdings Limited

First Quarter 2025 Earnings Conference Call. My name is Robert and I'll be your conference operator this afternoon. At this time, all participants will be in a listen-only mode. Joining us for today's presentation is Oxbridge Reese, Chairman, President, and Chief Executive Officer, Jay Madhu, and Chief Financial Officer and Corporate Secretary, Rendon Timothy. On the remarks, we will open up the call for your questions. I would like to remind everyone that this call will be available via telephone replay until May 26, 2025. Details for telephone replay are included in the press release issued today. Now I'd like to turn the call over to your host, Brendan Timothy, Chief Financial Officer of Oxbridge Marie, who will provide the necessary questions regarding the forward-looking statements that will be made by management during this call.

Thank you, operator. During today's call, there will be forward-looking statements made regarding future events, including Upstreet Re's future financial performance. These forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995. Rules such as Anticipates, Estimates, Expects, Intends, Plans, Projects, and other similar rules and expressions are intended to signify forward-looking statements. Forelooking statements are not guaranteed of future results and conditions, but rather are subject to various risks and uncertainties. A detailed discussion of the risks and uncertainties that can cause actual results and events to differ materially from such forelooking statements is included in the section inside the Risk Factors contained in our Form 10 case filed on March 26, 2025 with the Securities and Exchange Commission. The occurrence of any of these risks financial difficulties could have a material adverse effect on the company's business, financial condition, and the volatility of our earnings, which influence and cause significant market price and trading volume fluctuations for our securities. Any forward-looking statements made on this conference call speak only as of the date of this conference call and, except as required by law, the company undertakes no obligation to update any forward-looking statements contained on this call or in any company presentation. even if the company's expectations or any related events condition cause the compliance to change. Now I would like to turn the call over to our Chairman, President, and Chief Executive Officer, Jay Madan. Jay?

Thank you, Brendan, and welcome, everyone. Thank you for joining us today. Let me start by saying we are proud of the significant steps we have taken to fortify and diversify our business. While we are solidly entrenched in the RWA Web3 space, where the issue took to insurance securities in an RWA or real-world asset, Our core business remains reinsurance, where we write fully collateralized policies to cover property losses from specific catastrophes. And because we write fully collateralized artifacts, we believe we can compete effectively with large carriers. We specialize in underwriting low-frequency, high-severity risks, where we believe sufficient data exists to effectively analyze the risk-return profile of reinsurance companies. is to achieve long-term growth and book value per share by running business on a selective and opportunistic basis that will generate attractive underlying profits relative to risk. Building on the stable resource foundation, we began to diversify our business in 2022. We expanded our business portfolio by establishing Shorts Plus Inc., a new subsidiary-focused RWA web-free technology. Shorts requires ShowExpress specializes in democratizing tokenized real-world assets, or RWAs, offering tokenized reinsurance securities as alternative investment opportunities. These securities leverage blockchain technology to ensure complete transparency and compliance with SEC guidelines, representing a significant advancement in the digital security market. Consequently, this initiative aims to broaden investor participation, extending opportunities beyond what traditionally would has been a select group of ultra-high net worth individuals. Crucially, the establishment of Assurance Plus was achieved without incurring new debt, reflecting our efficient approach to diversification. We are enthusiastic about the prospects of these new investments and remain committed to keeping our stakeholders informed of their progress in the upcoming quarters. Looking ahead, We intend to position Oxbridge as a prominent player in the real-world or RWA Web3 sector. In summary, we maintain a strong sense of optimism regarding the long-term outlook of our core reinsurance business, alongside a successful integration of Shorts Plus as we embrace the RWA market more competitively. I'll now turn things over to Brendan to take us through our financial results.