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International

Insurers' profit rises 23% in Brazil

July 15, 2019 Reprints

A report found that Brazilian insurers' total profits grew 23% year over year to 9 billion Brazilian real ($2.4 billion) in the first five months of this year, Segs.com reported. Reinsurers' aggregate profits grew 45% to BRL 500 million. The report was created by Brazilian insurers' and reinsurers' union and the union of independent business owners and brokers among others.

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Insurers' profit rises 23% in Brazil

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