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International

Brazilian reinsurers' profits rise 35%

July 09, 2019 Reprints

Brazilian reinsurers' combined profits grew 35% to 410 million Brazilian real ($78 million) in the first quarter from BRL 303 million in the first quarter of 2018, BNamericas reported. IRB-Brasil Resseguros S.A. accounted for BRL 350 million, or 85%, of total profits.

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Brazilian reinsurers' profits rise 35%

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