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Profit at reinsurer IRB Brasil triples as investment income jumps

Net income at Instituto de Resseguros do Brasil, the largest Latin American reinsurer, almost tripled in the first quarter in the wake of rising borrowing costs in Brazil that spurred a jump in invest​ment income.

The Rio de Janeiro-based reinsurer, known as IRB Brasil RE, earned 130 million reais ($42 million) in the quarter, according to a statement  read more



AM Best financial strength 

attests IRB Brasil RE

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We inform our customers and partners, for the fourth consecutive year, the IRB Brasil RE had A- credit rating (excellent) with stable outlook for next year. read more​​​​​​​​

​​IRB Brasil RE appoints Jose Carlos Cardoso as New Vice President of Reinsurance

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IRB Brasil RE has appointed Jose Carlos Cardoso as new vice president of reinsurance. Cardoso left his position as president of SCOR Brasil in September to take up the new post. read more​​​​​​