UPDATE 1-Shares in Brazilian reinsurer IRB down 8.4% after asset manager questions financial statements
Shares in Brazilian reinsurer
IRB Brasil Resseguros SA were down 8.4% on Monday
after asset management firm Squadra Investimentos released a
letter to its investors saying the reinsurer’s gains may be
overstated.
IRB Brasil Resseguros SA were down 8.4% on Monday
after asset management firm Squadra Investimentos released a
letter to its investors saying the reinsurer’s gains may be
overstated.
Posted by Reuters
