Reinsurance News
IRB (Re)
Carrick Group enters loss portfolio transfer with IRB(Re)
17th January 2024
Bermuda-based international non-life legacy insurance firm Carrick Group Limited has announced that Carrick Re Limited, a Bermuda class 3A reinsurer, has entered into a loss portfolio transfer (LPT) with IRB(Re), on behalf of its UK Branch, ahead of a Part VII transfer. Carrick UK Services Limited is set to assume the ... Read the full article
IRB (Re) posts underlying profit in Q3’23 vs year-ago loss
13th November 2023
Brazilian reinsurance company IRB (Re), which was formerly named IRB Brasil Re, has reported an underwriting profit of R$11 million for the third quarter of 2023, compared with an underwriting loss of R$539 million in the third quarter of 2022. The reinsurer posted a net income in Q3’23 of R$48 million, ... Read the full article
IRB (Re) names new Chief Financial Officer
18th August 2023
Brazilian reinsurance company IRB (Re) has announced the appointment of Rodrigo Souza Lobo Botti as the new Chief Financial Officer (CFO). He will be taking over the role from Marcos Pessôa de Queiroz Falcão, who has acted as CFO since March 9, 2023. This role will be in addition to his ... Read the full article
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