Radar > 239081

IRB-Brasil Resseguros rises 21% in first half of 2016

Lucro da IRB-Brasil Resseguros sobe 21% no 1º Semestre de 2016

Intel ID : 239081
Synopsis

IRB-Brasil Resseguros, a reinsurance company, based in Rio de Janeiro, had net income of BRL 414.3m in the first half of 2016, representing an increase of 21% compared to previous period of 2015 as reported in a company's statement on 25 July, 2016.

The total issued premiums grow 26% to BRL 2,5bn. The financial result was 22% higher, reaching BRL 531.9m with profitability of the overall portfolio of own assets of 133% of CDI. There was also a 11% reduction in the company's administrative expenses, the report noted.
(content in portuguese)

A IRB-Brasil Resseguros, empresa com sede no Rio de Janeiro e que atua no setor de resseguros, teve lucro líquido de BRL 414,3m no 1º Semestre de 2016, o que representa uma aumento de 21% em comparação com o mesmo período de 2015, segundo publicou a empresa em Comunicado no dia 25 de julho de 2016.

Segundo o Comunicado, o total dos prêmios emitidos crescem 26%, alcançando BRL 2,5bi. O resultado financeiro foi 22% maior, atingindo BRL 531,9m com rentabilidade da carteira global de ativos próprios de 133% do CDI. Também houve uma redução de 11% nas despesas administrativas da companhia.

Relevant Documents


Intel ID 239081
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - IRB Brasil Resseguros
(31 Dec 2024)
Revenue: EUR 945,72m
Net Debt: EUR 73,39m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.07 Reinsurance
25 Financial Services / 25.02 Insurance

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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