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