Brazilian Reinsurer Resolves U.S. Probe Into Fake Berkshire Hathaway Story April 25, 2023 By Jonathan Stempel A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false...
IRB Brasil Re’s CEO Carvalho Resigns; Board Elects Falcao as Successor November 17, 2022 IRB Brasil Resseguros SA said on Thursday that chief executive Raphael de Carvalho had resigned after just over a year...
Brazilian Reinsurer IRB Raises $228.9M in Share Offering September 2, 2022 Brazilian reinsurer IRB Brasil Resseguros SA confirmed late on Thursday it had raised 1.2 billion reais ($228.9 million) in a...
IRB Brasil Re Weighs New Share Offering After Warnings About Capital Adequacy August 16, 2022 IRB Brasil Resseguros SA on Monday said it is considering a new capital increase to reinforce its financial structure, after...
Brazil Reinsurer IRB Rises 18% as Some Retail Investors Mimick GameStop January 29, 2021 By Carolina Mandl and Tatiana Bautzer SAO PAULO – Brazilian reinsurer IRB Brasil Resseguros rose 18% on Thursday, closing at 7.67 reais, as some Brazilian retail...
Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources May 22, 2020 By Aluísio Alves Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin...
AM Best Puts Ratings of Brazil Reinsurer IRB Under Review on Governance Issues March 9, 2020 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
Brazil Reinsurer IRB Resseguros Replaces CEO, CFO on Governance Concerns March 5, 2020 By Paula Laier Brazilian reinsurer IRB Brasil Resseguros SA replaced its chief executive and chief financial officer after its shares plunged nearly 32%...
Berkshire Hathaway Eyes Buying Stake in IRB Brasil Resseguros: Sources July 26, 2017 By Cristiane Lucchesi, Felipe Marques and Noah Buhayar Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin...
IRB Brasil Postpones IPO Amid Stock Market Turmoil: Reuters October 7, 2015 By Fox Hu IRB Brasil RE, the country’s biggest reinsurer, postponed its initial public offering amid market turmoil, Reuters reported, citing unidentified people...