IRB (Re) net income increases 50% in Q1’25 despite 13.34% written premiums decrease

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Reinsurance News - May 13, 2025

Brazilian reinsurer IRB (Re) has announced its financial results for the first quarter of 2025, reporting net income increase of 50%, to R$118.6m (approximately US$20.89m), despite a 13.34% decrease in total written premiums, which stood at R$1,247.9m (approximately US$219.97m). This quarter’s net i...

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