IRB Brasil Re reports $74mn loss in April and May

Brazilian reinsurer IRB Brasil Re has reported a net loss of BRL392.5mn ($73.7mn) in the two-month period from April-May 2020 as claims lead to a 123 percent loss ratio in the two months.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com