IRB (Re) returns to underwriting profitability in 2023 amid improved portfolio performance
Reinsurance News - Mar 01, 2024
Brazilian reinsurer IRB (Re) has reported its best underwriting result since 2019, as an improved portfolio performance on the back of better pricing and exposure reduction resulted in underwriting profit of approximately USD 31 million (R$ 155m) in 2023. The reinsurer’s underwriting performan...
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