Barents Reinsurance adopts Moody’s RMS models for property portfolio

Kane Wells | Reinsurance News

Barents Reinsurance SA, part of the Barents Re Group, has selected Moody’s RMS to provide natural catastrophe modelling services for its expanding property portfolio.

As part of the multi-year agreement, data enhancement and modelling will be executed by Moody’s RMS Analytical Services team to cover multiple perils, including Europe earthquakes, windstorms, floods, and severe convective storms.

Exposure management analysis will be managed through the ExposureIQ™ application available on the Moody’s RMS Intelligent Risk Platform™.

Bruce Rodger, CUO, London Market Facultative Business at Barents Reinsurance SA, commented, “Barents Reinsurance SA is well known for its work in specialty reinsurance products and the expertise of our underwriting teams.

“We see our property portfolio as a solid growth area for this business and this agreement will help us support our clients as we continue to expand our property portfolio.

“Barents Reinsurance SA is committed to providing the highest level of service to its clients and brokers. With this new agreement working with Moody’s RMS and their Analytical Services team, we aim to continue to deliver enhanced insights, analysis, and opportunities to all our clients.”

For more details, read here the press release prepared by Kane Wells of Reinsurance News: