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 *
Patel Paresh
 2. Issuer Name and Ticker or Trading Symbol
OXBRIDGE RE HOLDINGS Ltd [OXBRU] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

C/O OXBRIDGE RE HOLDINGS LIMITED, 903 S. CHURCH ST., P.O. BOX 469		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2015
(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 12/31/2015   J(1) 74,985 A $ 0 (1) 130,000 I See Footnote (2)

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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
Warrants to Purchase Ordinary Shares $ 7.5 12/31/2015   J 151,123     (3) 03/31/2019 Ordinary Shares
151,123
(1) 262,000
I
See Footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Patel Paresh
C/O OXBRIDGE RE HOLDINGS LIMITED
903 S. CHURCH ST., P.O. BOX 469
GRAND CAYMAN, E9 KY1-9006		   X      

Signatures

/s/ Curt P. Creely, Attorney-in-Fact for Paresh Patel 02/17/2016
**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) On December 31, 2015, the reporting person bought out the other members of Dharma Partners, LLC, which is the 100% owner of Moksha Capital Partners Re (P) Ltd., which is the owner of 130,000 ordinary shares of the issuer and 262,000 warrants to purchase ordinary shares. As a result of the buyout, reporting person indirectly acquired beneficial ownership of all 130,000 ordinary shares and 262,000 warrants held by Moksha Capital Partners Re (P) Ltd., an increase of 74,985 in the number of ordinary shares and an increase of 151,123 in the number of warrants, respectively, previously reported as being held by the reporting person prior to the buyout.
(2) Shares are held by Moksha Capital Partners Re (P) Ltd., which is 100% owned by Dharma Partners, LLC. Reporting person is 100% owner of Dharma Partners, LLC.
(3) Immediately exercisable.

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