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Timeline

1996

Barents Re starts operating

2011

  • New offices in Miami, Paris and Beirut​

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  • Property line of business introduced

2013

  • New offices open in London and Madrid

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  • Energy line of business introduced

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  • Best Reinsurance Company of Central America awarded by Reactions

2015

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

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

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  • Reinsurance Company of the Year, European Banking & Finance Awards

2017

  • Marine Cargo line of business introduced

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  • Reinsurance Company of the Year, Global Business Awards

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

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.

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

2010

  • Rated by A.M. Best for Financial Strength

      ‘A-’ (Excellent) Stable Outlook

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  • European and Latin America expansion begins

2012

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

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  • Continued expansion in Europe, Latin America and Middle East

2014

  • Moscow office begins operations as regional hub for Russia, FSU and Eastern Europe

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  • Reinsurer of the Year awarded by The European

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  • World Finance 100 Award

2016

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

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

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  • Outstanding Independent Reinsurance Group, Global Excellence Awards

2018

  • Completion of redomestication to Cayman Islands

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

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  • Best Reinsurance Company, Global Banking & Finance Awards

2020

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

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  • AM Best affirms ‘A’ (Excellent) Rating: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Barents Re Reinsurance Company, Inc. (Barents Re) (Cayman Islands) and its affiliate

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