IronRock reports first quarter net loss of $11.63 million
Joel Thomas2023-06-20T10:30:48-05:00June 20, 2023 Ironrock Insurance Company Limited (ROC) reported for the three months ended March 31, 2023, a 35% increase in insurance revenue totaling $310.41 million compared to $230.34 million in the corresponding period last year. Reinsurance contract expenses amounted to $171.62 million (2022: $106.08 million); this represents an increase of 62% year over year.