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Barents Insurance

Barents Insurance is a subsidiary of Barents Reinsurance Inc. A multinational Reinsurane group, operating globally.

 

Barents Insurance is a European license insurance company dedicated to fulfil our niche insurance business development in Europe. Its location enables to deliver innovative and reliable solutions to both local and international clients.

About us

History

2024

  • Barents Insurance EAD obtains license in Bulgaria as an insurance and reinsurance company, and creates its first office in the Balkans region.

2023

  • Barents Re Announces Strategic Leadership Shift with New CEO and Executive Chairman

2022

  • Moody’s Assigns A3 Insurance Financial Strength Rating to Barents Re Reinsurance Company, Inc. (Cayman Islands), stable outlook

2021

  • A.M. Best affirms ‘A’ (Excellent) Financial Strength rating for Barents Re Reinsurance Company, Inc. and Barents Reinsurance S.A.

2020

  • Best Independent Reinsurance Group: Barents RE was named a 2020 Global Excellence Awards Winner in the Best Independent Reinsurance Group, Spain category, by UK publisher Acquisition International.

2019

  • Barents Re in Double Award Win Barents Re has been awarded Best Reinsurance Company Luxembourg and Best Reinsurance Bonds Offering of the Year at the Global Banking & Finance Awards 2019.

2018

  • Completion of Redomestication of Barents Re Reinsurance Company, Inc. to the Cayman Islands

  • A.M. Best affirms ‘A’ (Excellent) Financial Strength rating for Barents Re Reinsurance Company, Inc. and Barents Reinsurance S.A.

2016

  • A.M. Best affirms ‘A’ (Excellent) Financial Strength rating for Barents Re Reinsurance Company, Inc.

  • A.M. Best assigns ‘A’ (Excellent) Financial Strength rating to Barents Reinsurance S.A.

2015

  • A.M. Best upgrades Financial Strength rating to ‘A’ (Excellent) for Barents Re Reinsurance Company, Inc.

  • Granted licence to create Luxembourg based subsidiary company, Barents Reinsurance S.A.

2014

  • Reinsurer of the Year awarded by The European Magazine.

  • World Finance 100 Award

2013

  • New offices open in London and Madrid by affiliates.

  • Energy line of business introduced.

  • Best Reinsurance Company of Central America awarded by Reactions Magazine.

2012

  • A.M. Best upgrades Outlook to Positive: ‘A-’ (Excellent) for Barents Re Reinsurance Company, Inc.

  • Continued expansion in Europe, Latin America and Middle East.

2011

  • New offices in Miami, Paris and Beirut.

  • Property line of business introduced.

2010

  • Rated by A.M. Best for Financial Strength ‘A-’ (Excellent) Stable Outlook.

  • European and Latin America expansion begins

Governance

The company is governed by the Board of Directors, composed by the following persons:

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Mr. Alexander Gospodinov

Executive member of the Board of Directors

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Mr.  Lubomir Gavrilov

Executive member of the Board of Directors

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Mr. Fernando Diaz

Member of the Board of

Directors

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Mr. Nikolai Genchev

Independent member of the Board of Directors

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Ms. Tatiana Staneva

Independent member of the Board of Directors

Our team

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Mr. Gonzalo Sanz

Operations Manager

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Mr. Milen Mitev

Procurement

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Ms. Tsveta Filipova

Expert Underwriter

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Mr. Pavel Dimitrov

Risk Manager

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Mr. Martin Mollov

Legal Department

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Ms. Miroslava Spasova

Chief Accountant

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Ms. Tsvetelina Vladova

Accountant

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Ms. Violina Docheva

HR Director

License

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Shareholders

Company/Name: BARENTS RE REINSURANCE COMPANY INC.

Country: CAYMAN ISLANDS

Location: Island Grand Cayman

Aequitas International Management Ltd. Office Blvd., Grand Pavilion Commercial Center, Office 24, West Bay Road 802.

Financial Statements of the mother company

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Rating

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AM Best Reaffirms Barents Re’s Excellence

December 11, 2024

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Stable Outlook

A3 Insurance Financial Strength Rating

August 7, 2024

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