Oxbridge Re Holdings, through its subsidiary SurancePlus, says its 2025-2026 tokenized reinsurance offerings hit strong returns on paper. The company reported annualized results of 29.3% for EtaCat Re and 43.4% for ZetaCat Re.
Those figures exceed the original target returns set for each offering. EtaCat Re was targeted at 20% annualized. ZetaCat Re was targeted at 42% annualized. SurancePlus states both outcomes came as “investors” in the respective offerings received those annualized returns.
What SurancePlus says the numbers mean
In a GlobeNewswire release, Oxbridge Re frames the results as evidence that its tokenized real-world asset platform can deliver access to “institutional-quality reinsurance investments” with “attractive risk-adjusted returns.” The language is promotional, but the specific, concrete part is the reported annualized return and the comparison to the stated targets.
The company does not provide additional performance context in the supplied release text. No details appear here on drawdowns, interim cash flows, risk metrics, or the underlying catastrophe exposure that drives reinsurance performance.
Key figures from the announcement
| Offering | Stated annualized target | Reported annualized return |
|---|---|---|
| EtaCat Re | 20% | 29.3% |
| ZetaCat Re | 42% | 43.4% |
How to read this as an asset, not a promise
Tokenized reinsurance is an asset exposure to a specific risk pool. Even when results beat targets over a defined window, that does not guarantee similar outcomes for future offerings. Reinsurance performance can vary with catastrophe events, claim severity, and timing.
Also, the announcement only covers the period tied to these offerings and gives headline return figures, not a fuller disclosure pack. Investors should treat the reported annualized returns as a claim about past performance and still evaluate the risks embedded in any tokenized reinsurance structure.
Company scope and positioning
Oxbridge Re describes itself as “a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs).” In this update, SurancePlus links the reported returns to its platform’s ability to offer investors exposure to reinsurance in token form.
a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs).
But the practical takeaway for readers is narrower. The release tells you what two offerings reportedly delivered and that each beat its own stated target. It does not, in the provided text, explain why the target was exceeded, what assumptions went into the targets, or how results may differ across future catastrophe cycles.
What’s missing if you’re assessing risk
If you’re trying to translate this into an asset risk assessment, you would want more than two annualized return figures. The supplied text does not include the offering sizes, terms, redemption mechanics, fee structure, or how performance ties to catastrophe loss experience.
Without those details, the desk can only report what Oxbridge Re claimed in the GlobeNewswire statement: EtaCat Re and ZetaCat Re delivered 29.3% and 43.4% annualized returns, clearing the 20% and 42% targets respectively, for the 2025-2026 offerings.