All posts by Gilberto Juarez

CFI.co Insurance Awards

London, 14th April 2021

Barents Re: BEST SPECIALTY REINSURER 2021 

Barents Re has been awarded as Best Specialty Reinsurer 2021, by CFI.co (Capital Finance International) in The Insurance Awards 2021

On 17th March, 2021 Alexander van Doorn had the privilege to speak with Mr. Gerardo Garcia, Chairman of Barents Re.

“In a world of uncertainty, people want predictability – not an easy task, as no-one possesses a crystal ball”, says Gerardo García Chairman of Barents Re, the specialty reinsurance group. Founded in 1996, the company excels in responding to the challenges of climate change, political tension, and shifting business trends. The company’s mantra is: “Do it well – and do it properly.” Barents Re has quickly moved to adapt to recent disruptions, aiming to provide certainty for clients in a rapidly changing environment for reinsurance. Staff constantly track global movements, adjusting operations to suit the changes. The shift away from globalization, for instance, has led the company to invest in local 11cells ” to support clients in more than 70 countries around the world – located in Europe, Latin America, the Middle East, Africa and Asia. lt recognizes that each market is different, and there can be no blanket approach.

According to Mr. García, insurers face challenges everywhere, which is why each Barents Re local offices must always strive to be a center of excellence. The company offers an array of niche and specialty reinsurance products in fields which include Bonds, Energy, Financial Lines, Construction and Engineering, Property and Marine Cargo. Its experienced underwriting teams have deep subject knowledge, which enables them to create innovative solutions for clients. 

The judges recognized the company’s ability to provide speedy , well executed solutions to clients  in a seamless manner. They focus on long-term client relationships, which is why they are pleased to present Barents Re with the 2021 award for Best Specialty Reinsurer.

Read More

By Gilberto Juarez
Barents Re is delighted to welcome Iliyana Dimitrova as the new Administrative Assistant

Iliyana Dimitrova joined the Barents Re staff on March 8th, 2021 and will be based in the Cayman Islands office.

Iliyana has over 15 years of experience in the services industry, holds an M.B.A. in Finance, and is fluent in English, Bulgarian, Romanian and Russian.

Barents Re is delighted to welcome Iliyana Dimitrova as the new Administrative Assistant of the company in Cayman Islands.

Read More

By Gilberto Juarez
Barents Re is pleased to announce the appointment of Serigne Gueye as Risk Officer

Barents Re is pleased to announce the appointment of Serigne Gueye as Risk Officer. Serigne  joined the Barents Re staff of January 4th, 2021 and will be based in the Cayman Islands office. 

Serigne has over 15 years of experience in the financial services industry, and is fluent in English, French and Spanish.

Barents Re is delighted to welcome Serigne Gueye as the new Risk Officer of the company in Cayman Islands.

Read More

By Gilberto Juarez
AM Best Affirms Credit Ratings of Barents Re Reinsurance Company, Inc. and Its Affiliate

MEXICO CITY – DECEMBER 10, 2020


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, Barents Reinsurance S.A. (Barents Re Lux) (Luxembourg). The outlook of these Credit Ratings (ratings) is negative.

The ratings reflect Barents Re’s balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).

The ratings of Barents Re Lux reflect its strategic importance to and the support it receives from Barents Re. Barents Re Lux is part of the Barents Re rating unit, and it is fundamental to the group’s overall strategy. Barents Re provides a parental guarantee and reinsurance support to Barents Re Lux. As of 2020, Barents Re has taken action to relocate Barents Lux to the United Kingdom. The planned relocation involves establishing a new licensed reinsurance carrier domiciled in the United Kingdom, which will acquire all of the assets and liabilities of Barents Re Lux pursuant to a merger by absorption and a portfolio transfer.

See the full article here

AM Best Press release – Spanish version

AM Best Press release – English version

Read More

By Gilberto Juarez
Barents Re is a different type of company

The world has changed in six months. Companies must be willing to change, mutate, reinvent themselves and emerge as a different force.

Barents Re is a different type of company.  A company that chooses to be agile and whose priority is execution. We are a fast moving reinsurer that reinvents itself every year.

WE WILL CHANGE, ADAPT, MUTATE, TRANSFORM AND DOMINATE; NOT THE MARKET BUT OUR SPECIFIC NICHE.

WE ARE THE WORLDS NICHE REINSURER.

Recently we had a presence in the Special edition of Vida y Éxito Magazine, in the following view you can see the digital version of this prestigious magazine.

Read More

By Gilberto Juarez
GERARDO GARCÍA: REVISTA VIDA Y ÉXITO

Revista Vida y Éxito, 2019

Read More

By Gilberto Juarez
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.

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

Read More

By Gilberto Juarez
2019

Read More

By Gilberto Juarez
Revista Vida y Éxito

“EL SER JUGADOR DE  NICHO ES LA ESTRATEGIA MÁS SABIA PARA SALIR  DE LA CRISIS”, Gerardo García, Chairman de  Barents Re.

En tiempos de crisis,  el enfocarse en nichos específicos permite a las aseguradoras y reaseguradoras enfrentar de mejor manera movimientos de la economía.

Lea la entrevista completa del especial de la Revista Vida y Éxito en su edición de Julio aquí

Read More

By Gilberto Juarez
Gerardo Garcia, named as part of the most influential leaders in the region post opening of the regional economies.

Vida y Éxito Magazine

Read the full article here:

Read More

By Gilberto Juarez