IRB Brasil Re launches $430m capital raise to boost solvency

10-07-2020

Brazil's major reinsurer IRB Brasil Re is to raise between R$2.1 billion and R$2.3 billion ($430 million) through a share issuance, in a move to boost its capital structure and increase solvency.


IRB Brasil Re, Share issuance, Shares, Insurance, Reinsurance, North America

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