IRB Re Earnings: Weak January, Premiums Fall 19%

2026-03-25 - 18:30

3 Key Points —IRB Re (IRBR3) reported January 2026 net income of R$17.5 million ($3.3M), down 57.7% from R$41.4 million ($7.9M) in January 2025, as retained premiums fell 18.9% to R$459.9 million ($87.4M) and the loss ratio (sinistralidade) rose 2.3 percentage points to 66.8% — a weak start to a year in which analysts expect