IRB(Re) sponsors Brazil’s inaugural ILS transaction, R$33.7m Andrina
Reinsurance News - May 30, 2025
Brazilian reinsurer IRB(Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE), has issued the first insurance-linked securities (ILS) transaction in the country, a R$33.7 million transaction (USD 5.9m) covering risks related to the reinsurer’s surety bond portfo...
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