Oxbridge Re Holdings Limited

Good afternoon. Welcome to Oxbridge's second quarter 2026 earnings call. My name is Irene 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's Chairman, President and Chief Executive Officer, Jay Madhu and Chief Financial Officer and Corporate Secretary, Wrendon 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 until August 27th, 2026. Details for telephone replay are included in the press release issued today. Now, I would like to turn the call over to Wrendon Timothy, Chief Financial Officer of Oxbridge, who will provide the necessary cautions regarding the forward-looking statements that will be made by management during this call.

Thank you, Arruda. During today's call, there will be forward-looking statements made regarding future events, including Oxbridge's future financial performance. These forward-looking statements are made pursuant to the Privacy 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. are not guarantees of future results and conditions, but rather are subject to various risks and uncertainties. A detailed discussion of these risks and uncertainties that could cause actual results and events to differ materially from earlier statements is included in the section entitled Risk Factors contained in all Form 10-K files from March 30, 2026 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 can cause significant market price and trading volume fluctuations for our securities. Any forelooking statements made on this conference call speaks only as of the date of this conference call and except as required by law, the company undertakes no obligation to update any forelooking 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 turn the call over to our Chairman President and Chief Executive Officer, Jay Madhu.

Jay? Thank you, Wrendon, and welcome everyone. Thank you for joining us today. Let me start by saying we are proud of the strong performance of our business and progress we are making on our long-term strategy. During the second quarter and subsequent period, we continued to build on the growth of our tokenized reinsurance business. expanded the platform to include third-party opportunities and established a new AI infrastructure business focused on developing, owning, and operating AI data centers and related infrastructure. Through Assurance Plus, we have continued to build our track record on tokenized reinsurance. For the 2025-2026 treaty year, our ADACAT RE and ZADACAT RE offerings targeted annual returns of 20% and 42% respectively. We are pleased to report that these offerings exceeded their original targets, delivering annualized returns of 29.3 and 43.4 respectively. For the 2026 and 2027 treaty year, we successfully closed five tokenized reinsurance offerings on the Solana blockchain. raising $7.1 million in aggregated gross proceeds. These included a T20 and T42 offering with a current targeted annual return of 26% and 32% respectively, assuming no underwriting losses. The five offerings also included three third-party offerings associated with HCI Group, a leading Florida-based property and casualty insurance company, and Fortex Re, HCI RE 2026 Series A targets an annual return of 242%, HCI RE 2026 Series B targets 122%, and HCI RE 2026 Series C targets 17%. In each case, assuming no underwriting losses. This represents an important expansion of the Assurance Plus platform beyond reinsurance originating through our own operations and demonstrates its ability to structure and tokenize reinsurance opportunities originated by third parties. In parallel, we launched AI Gridworks, a newly formed Oxbridge subsidiary focused on developing, owning, and operating AI data centers and related infrastructure. Since launching the initiative, we have moved quickly to assemble an experienced infrastructure team and advance a development pipeline. We believe Assurance Plus and AI Gridworks provide Oxbridge with two distinct but complementary growth platforms, creating multiple avenues for long-term growth and shareholder value creation. I will now turn the call over to Wrendon to take us through our financial results.