IRB Brasil reports R$155.7mn loss in Q3

IRB Brasil Re Q3 results

Brazilian reinsurer IRB Brasil Re recorded a net loss of R$155.7mn ($39.92mn) in the third quarter of 2021, an improvement from a net loss of R$215.6mn in the prior-year period, as management stressed that an overhaul of the carrier’s portfolio would soon yield improved results.

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