IRB-Brasil Resseguros S.A. (IRBR3) - Net Assets
Based on the latest financial reports, IRB-Brasil Resseguros S.A. (IRBR3) has net assets worth R$5.31 Billion BRL (≈ $1.04 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$15.45 Billion ≈ $3.03 Billion USD) and total liabilities (R$10.13 Billion ≈ $1.99 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IRB-Brasil Resseguros S.A. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$5.31 Billion |
| % of Total Assets | 34.41% |
| Annual Growth Rate | 5.87% |
| 5-Year Change | 43.27% |
| 10-Year Change | 58.72% |
| Growth Volatility | 93.61 |
IRB-Brasil Resseguros S.A. - Net Assets Trend (2009–2025)
This chart illustrates how IRB-Brasil Resseguros S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of IRB-Brasil Resseguros S.A..
Annual Net Assets for IRB-Brasil Resseguros S.A. (2009–2025)
The table below shows the annual net assets of IRB-Brasil Resseguros S.A. from 2009 to 2025. Also explore IRB-Brasil Resseguros S.A. equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$5.28 Billion ≈ $1.04 Billion |
+7.24% |
| 2024-12-31 | R$4.93 Billion ≈ $966.58 Million |
+15.71% |
| 2023-12-31 | R$4.26 Billion ≈ $835.38 Million |
-1.94% |
| 2022-12-31 | R$4.34 Billion ≈ $851.87 Million |
+17.75% |
| 2021-12-31 | R$3.69 Billion ≈ $723.49 Million |
-16.48% |
| 2020-12-31 | R$4.41 Billion ≈ $866.26 Million |
+11.90% |
| 2019-12-31 | R$3.95 Billion ≈ $774.11 Million |
-1.39% |
| 2018-12-31 | R$4.00 Billion ≈ $785.03 Million |
+11.72% |
| 2017-12-31 | R$3.58 Billion ≈ $702.69 Million |
+7.60% |
| 2016-12-31 | R$3.33 Billion ≈ $653.06 Million |
+4.84% |
| 2015-12-31 | R$3.17 Billion ≈ $622.91 Million |
+7.47% |
| 2014-12-31 | R$2.95 Billion ≈ $579.61 Million |
-75.47% |
| 2013-12-31 | R$12.04 Billion ≈ $2.36 Billion |
+377.24% |
| 2012-12-31 | R$2.52 Billion ≈ $495.12 Million |
+3.91% |
| 2011-12-31 | R$2.43 Billion ≈ $476.48 Million |
+7.74% |
| 2010-12-31 | R$2.25 Billion ≈ $442.26 Million |
+6.29% |
| 2009-12-31 | R$2.12 Billion ≈ $416.08 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to IRB-Brasil Resseguros S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 52.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$507.28 Million | 9.60% |
| Common Stock | R$5.38 Billion | 101.83% |
| Total Equity | R$5.28 Billion | 100.00% |
IRB-Brasil Resseguros S.A. Competitors by Market Cap
The table below lists competitors of IRB-Brasil Resseguros S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bafang Electric Suzhou Co Ltd
SHG:603489
|
$970.91 Million |
|
Amoy Diagnostics Co Ltd
SHE:300685
|
$971.01 Million |
|
Qingdao Choho Industrial Co Ltd
SHE:003033
|
$971.12 Million |
|
Nanjing CIGU Technology Corp. Ltd. A
SHG:688448
|
$971.22 Million |
|
Canaccord Genuity Group Inc
TO:CF
|
$970.47 Million |
|
Hangzhou Jizhi Mechatronic Co Ltd
SHE:300553
|
$969.91 Million |
|
Scope Metals Group Ltd
TA:SCOP
|
$969.89 Million |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
$968.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IRB-Brasil Resseguros S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,926,059,000 to 5,282,690,000, a change of 356,631,000 (7.2%).
- Net income of 390,945,000 contributed positively to equity growth.
- Share repurchases of 11,694,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$390.94 Million | +7.4% |
| Share Repurchases | R$11.69 Million | -0.22% |
| Other Changes | R$-22.62 Million | -0.43% |
| Total Change | R$- | 7.24% |
Book Value vs Market Value Analysis
This analysis compares IRB-Brasil Resseguros S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.70x to 0.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | R$87.17 | R$60.78 | x |
| 2014-12-31 | R$72.90 | R$60.78 | x |
| 2015-12-31 | R$78.34 | R$60.78 | x |
| 2016-12-31 | R$82.14 | R$60.78 | x |
| 2017-12-31 | R$88.46 | R$60.78 | x |
| 2018-12-31 | R$98.82 | R$60.78 | x |
| 2019-12-31 | R$105.45 | R$60.78 | x |
| 2020-12-31 | R$87.54 | R$60.78 | x |
| 2021-12-31 | R$73.11 | R$60.78 | x |
| 2022-12-31 | R$103.76 | R$60.78 | x |
| 2023-12-31 | R$52.02 | R$60.78 | x |
| 2024-12-31 | R$60.19 | R$60.78 | x |
| 2025-12-31 | R$64.57 | R$60.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IRB-Brasil Resseguros S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.57%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.96x
- Recent ROE (7.40%) is below the historical average (9.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.07% | 7.54% | 0.38x | 4.55x | R$81.88 Million |
| 2014 | 20.36% | 23.21% | 0.21x | 4.28x | R$306.15 Million |
| 2015 | 24.06% | 24.17% | 0.22x | 4.53x | R$446.26 Million |
| 2016 | 25.54% | 23.08% | 0.27x | 4.10x | R$517.05 Million |
| 2017 | 25.83% | 23.55% | 0.27x | 4.01x | R$566.93 Million |
| 2018 | 30.46% | 24.50% | 0.31x | 3.98x | R$818.72 Million |
| 2019 | 30.67% | 20.13% | 0.34x | 4.44x | R$815.61 Million |
| 2020 | -33.56% | -26.38% | 0.25x | 5.09x | R$-1.92 Billion |
| 2021 | -18.52% | -10.79% | 0.38x | 4.54x | R$-1.05 Billion |
| 2022 | -9.69% | 0.00% | -0.08x | 3.79x | R$-854.89 Million |
| 2023 | -2.91% | 0.00% | -0.04x | 3.64x | R$-549.59 Million |
| 2024 | 16.36% | 0.00% | -0.01x | 3.34x | R$313.13 Million |
| 2025 | 7.40% | 31.57% | 0.08x | 2.96x | R$-137.32 Million |
Industry Comparison
This section compares IRB-Brasil Resseguros S.A.'s net assets metrics with peer companies in the Insurance - Reinsurance industry.
No peer company data available for comparison.
About IRB-Brasil Resseguros S.A.
IRB-Brasil Resseguros S.A. provides reinsurance solutions in Brazil and internationally. It offers reinsurance solutions for casualty, cargo and marine, agricultural risks, property, life and health, oil and gas, financial lines, surety, and mortgage. IRB-Brasil Resseguros S.A. was founded in 1939 and is headquartered in Rio de Janeiro, Brazil.