OXBRIDGE RE HOLDINGS LTD FILES (8-K) Disclosing Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Independent Director

On November 11, 2022, the Board of Directors (the "Board") of Oxbridge Re
Holdings Limited (the "Company") accepted the resignation of Mr. Kris Persaud as
an independent director of the Company, effective immediately. Mr. Persaud's decision to resign did not involve any disagreements with the Company, the
Company's management or the Board.

Appointment of New Independent Director

On November 11, 2022, the Board of Oxbridge Re Holdings Limited appointed Mr. Dwight Merren, to serve as an independent director on the Board of the Company,
effective immediately, and Oxbridge Reinsurance Limited ("OxRe"), subject to
approval of the Cayman Islands Monetary Authority ("CIMA"). Mr. Merren's appointment was made to fill the vacancy resulting from Mr. Persaud's resignation, and he was appointed for a term that ends at the 2023 annual
meeting of stockholders.

Mr. Merren currently serves as an AVP, Private Banking at Butterfield Bank
(Cayman) Limited ("Butterfield Cayman") since December 2021, servicing mainly
high net-worth private clientele. Butterfield Cayman is part of the Butterfield
Group (NYSE: NTB). Prior to this, from November 2014, Mr. Merren served as a
Relationship Manager in Butterfield Cayman's Corporate Banking Department where
he was responsible for the management of a portfolio of corporates across
various business sectors, including captive insurers, insurance companies,
reinsurance companies, special-purpose vehicles, liquidation accounts, large
multinational companies and hedge funds.

Mr. Merren previously served as Relationship Manager of HSBC Bank (Cayman)
Limited from October 2011 to October 2014, and as Deputy Head - Insurance
Division at CIMA, from March 2009 to September 2011. From July 1992 to February
2009, Mr. Merren held senior roles of Administrator at Midland Bank (now HSBC),
Assistant Vice President at Willis Management (Cayman) Limited, and Vice
President at Global Captive Management Ltd. where he led and managed large
portfolio of companies.

Mr. Merren served as an independent director at Cayman Islands National
Insurance Company ("CINICO"), and as the Chairman of the Risk and Compliance
Committee, and Chair of the Finance Committee from November 2017 to February
2022.

Mr. Merren brings invaluable experience in insurance, banking, risk management,
compliance and governance to our boards. Mr. Merren was appointed to serve as
the Chair of the Compensation Committee, and a member of the Nominating and
Corporate Governance, Audit and Underwriting Committees of the Board.