IRB earnings up 2.67%
Brazilian reinsurer increases earnings in 2009 despite drops in premiums, market share and its investment income.
IRB-Brasil has announced an increase in earnings in 2009 to 370mn reais ($204m), up 2.67% on 2008.
Reinsurance premiums at IRB dropped 8.78% to 2.92bn reais in 2009, as market share lowered to around
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