Exhibit 21.1

Subsidiaries of Oxbridge Re Holdings Limited

Oxbridge Re Holdings Limited owns 100% of the equity interests in:

● Oxbridge Reinsurance Limited, which was incorporated on April 23, 2013 under the laws of the Cayman Islands.

● Oxbridge Re NS Limited, which was incorporated on December 22, 2017 under the laws of the Cayman Islands.

● Oxbridge VT Ltd, which was incorporated on January 27, 2022 under the laws of the Cayman Islands.

● OAC Equity Holdings LLC, which was incorporated on May 18, 2021 under the laws of the Cayman Islands.

● SurancePlus, Inc. which was incorporated on December 19, 2022 under the laws of the British Virgin Islands.