IRB-Brasil Resseguros S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 20.09 million compared to net loss of BRL 373.32 million a year ago. Basic earnings per share from continuing operations was BRL 0.25 compared to basic loss per share from continuing operations of BRL 9 a year ago.
For the six months, net income was BRL 28.64 million compared to net loss of BRL 292.84 million a year ago. Basic earnings per share from continuing operations was BRL 0.35 compared to basic loss per share from continuing operations of BRL 6.9 a year ago.