> Indian Insurance: Brazilian Reinsurer IRB Still Faces Liquidty Gap, Says CEO

Tuesday, September 1, 2020

Brazilian Reinsurer IRB Still Faces Liquidty Gap, Says CEO

Brazil’s largest reinsurer, IRB Brasil Resseguros SA, has concluded a 2.3 billion reais ($420 million) capital increase to address liquidity issues, but has not yet fully met regulatory requirements, its interim chief executive said on Monday. Antônio Cássio dos Santos …

from News – Insurance Journal https://ift.tt/3lBEyjX