Brasil Re’s net income jumps 35%, premiums tumble 12%

IRB Brasil Resseguros SA’s net income rose 35% year on year to 505 million Brazilian real ($97 million) in 2025, Reinsurance News reported. Underwriting profit rose 64% year on year to BRL741 million, but written premiums decreased by 12% to BRL5.8 billion due to high levels of default and bankruptcy filings in the agricultural sector.