Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Madhu Sanjay
 2. Issuer Name and Ticker or Trading Symbol
OXBRIDGE RE HOLDINGS Ltd [OXBR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO, President
(Last)
(First)
(Middle)

STRATHVALE HOUSE, 2ND FLOOR, 90 NORTH CHURCH STREET, P.O. BOX 469		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/11/2015
(Street)


GRAND CAYMAN, E9 KY1-9006		 4. If Amendment, Date Original Filed(Month/Day/Year)
02/16/2016		 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Ordinary Shares 01/23/2015(1)   A4(2) 40,000 A $ 0 40,000 D  
Ordinary Shares 12/11/2015   J(3) 15,235 D (3) $ 0 (3) 0 I See Footnote (4)
Ordinary Shares 12/11/2015   J(3) 15,231 A (3) $ 0 (3) 83,231 (1) I See Footnote (5)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share Options (right to buy) $ 6 01/23/2015(1)   A4 120,000     (6) 01/23/2025 Ordinary Shares
120,000
$ 0 120,000
D
 
Warrants $ 7.5 12/11/2015   J   28,778   (7) 03/31/2019 Ordinary Shares
28,778
(3) 0
I
See Footnote (4)
Warrants $ 7.5 12/11/2015   J 28,768     (7) 03/31/2019 Ordinary Shares
28,768
(3) 98,768 (1)
I
See Footnote (5)
Share Options (right to buy) $ 6 01/16/2016(1)   A4 25,000     (6) 01/16/2026 Ordinary Shares
25,000
$ 0 25,000
D
 
Warrants $ 7.5             (7) 05/31/2018 Ordinary Shares
105,000
  105,000
I
See Footnote (5)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Madhu Sanjay
STRATHVALE HOUSE, 2ND FLOOR
90 NORTH CHURCH STREET, P.O. BOX 469
GRAND CAYMAN, E9 KY1-9006		   X     CEO, President  

Signatures

/s/ Curt P. Creely, Attorney-in-Fact for Sanjay Madhu 06/13/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This amended Form 4 is being filed to include transactions not yet reported and to correct the total number of ordinary shares and warrants held by Universal Finance and Investments, L.C.
(2) Restricted shares granted January 23, 2015 vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.
(3) This transaction represents a change in the form of beneficial ownership as a result of a pro rata distribution of the ordinary shares and warrants held by Moksha Capital Partners Re (M) Ltd. to its beneficial owners.
(4) Shares were held in the name of Moksha Capital Partners Re (M) Ltd.
(5) Shares indirectly held in the name of Universal Finance and Investments, L.C. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of the reporting person's pecuniary interest in such securities.
(6) These share options vest in increments of 6.25% each on a quarterly basis over a four-year period, commencing on the date granted, and continuing on April 1st, July 1st, October 1st and January 1st of each calendar year through to December 31, 2018.
(7) Immediately exercisable.

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