IRB (Re) sees net income increase in Q2 as CoR improves

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Reinsurance News - Aug 15, 2024

Brazilian reinsurer IRB (Re) has announced financial results for the second quarter of 2024, reporting a net income of R$ 65 million (USD 12m), an underwriting profit of R$ 34 million (USD 6.2m) and an improved combined ratio of 106% from last year’s 107.5%. Compared to the second quarter of 2...

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