Austral Re sees net profit growth in H1’24 despite impact of floods in Rio Grande do Sul

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Reinsurance News - Aug 20, 2024

Brazilian reinsurance company Austral Re has announced its financial results for the first half of 2024, reporting a net profit of R$ 27.7 million (USD 5m) and a 13% increase in gross reinsurance premiums (GRP) compared to the same period in the year prior. Despite the negative impact the Rio Grande...

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