IRB Brasil Re plans to acquire 8.93% of B3i

Brazilian reinsurer IRB Brasil Re intends to take an 8.93 percent stake in industry blockchain initiative B3i for a value of Eur3.5mn ($3.9mn), as it looks to appoint a representative to the insurtech’s 9-strong board of directors.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      InsurTech and innovation
      M&A