IRB Brasil Re cuts UW loss by 20% in Q3 to R$539mn

IRB Brasil Re Q3 results

IRB Brasil Re has reported a R$539mn ($102mn) third quarter underwriting loss, a circa 20 percent improvement on the prior-year period, as it benefited from a return to underwriting profitability in its special risks business and a much narrower property loss both in Brazil and abroad.

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