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Brazil securities regulator probes reinsurer IRB, asset manager

SAO PAULO, May 26 (Reuters) - Brazilian securities regulator CVM on Tuesday said it was opening a broad investigation into the reinsurer IRB Brasil Resseguros SA, its management and shareholders, according to a statement.

The move by CVM follows a decision by the country’s insurance regulator earlier this month to inspect IRB for potential liquidity problems. (Reporting by Carolina Mandl Editing by Brad Haynes)

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