Oxbridge Re Holdings Limited

Good afternoon and welcome to Oxbridge Rees second quarter 2025 earnings call. My name is Denae and I will 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 Rees Chairman, President, Chief Executive Officer Jay Madhu and Chief Financial Officer and Corporate Secretary Rendon Timothy. Following their 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 up until August 28, 2025. Details for the telephone replay are included in the press release issued today. Now, I would like to turn the call over to Rendon Timothy, Chief Financial Officer of Oxbridgery, who will provide the necessary cautions regarding the forward-looking statements that will be made by management during this call. Over to you, sir.

Thank you, operator. During today's call, there will be forward-looking statements made regarding future events, including up with real future financial performance. These forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as anticipates, estimates, expects, intends, Plans, projects, and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions, but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements are included in the section entitled Risk Factors, containing our Form 10-K file on March 26, 2025, with the Securities and Exchange Commission. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and the volatility of our earnings, which in turn could cause significant market price and trading volume fluctuation for our securities. Any forward-looking statements made on this conference call speak only as of the date of this conference call. and accept 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, conditions, or circumstances change. Now I'd like to send the call over to Chairman, President, and Chief Executive Officer, Jay Mantu. Jay?

Thank you, Brendan, and welcome, everyone. Thank you for joining us today. Let me start by saying we're proud of the significant steps we have taken to fortify and diversify our business. While we are solidly entrenched in the RWA space, where we issue tokenized reinsurance securities and an RWA or real world assets, our core business remains reinsurance, where we write fully collateralized policies to cover property loss from specific catastrophes. And because we write fully collateralized contracts, we believe we can compete effectively with large carriers. We specialize in underwriting low-frequency, high-severity risks, but we believe sufficient data exists to effectively analyze the risk-return profile of reinsurance contracts. Our objective is to achieve long-term growth in book value per share by writing business on a selective and opportunistic basis that will generate attractive underwriting profits relative to risk. Building on the stable reinsurance foundation, we have begun to diversify our business in 2022. We expanded our business portfolio by establishing Shores Plus, Inc., a new subsidiary focused on RWA Web3 technology. Shores Plus 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. This initiative aims to broaden investor participation, extending our opportunities beyond what traditionally has been a select group of ultra high net worth individuals. We are enthusiastic about the prospects of these two new investments and remain committed to keep our stakeholders informed of our progress in the forthcoming quarters. Looking ahead, we intend to position Oxgrids as a prominent player in the real world asset or RWA and Web3 sector. In summary, we maintain a strong sense of optimism regarding the long-term outlook of our core reinsurance business, alongside the successful integration of Assurance Plus, as we embrace the RWA market more comprehensively. I'll now turn things over to Brendan and take us through our financial results. Brendan?