Barents Re > Latest News > We thrive in this environment and must continue to focus on our core business areas

We thrive in this environment and must continue to focus on our core business areas

Posted by: Gilberto Juarez
Category: Latest News

We thrive in this environment and must continue to focus on our core business areas

Resilience

I am pleased to present the Annual Report for 2022, a year of change for our company, marked by significant progress and achievement of milestones.

We are proud of the growth and resilience we have demonstrated in the face of numerous challenges.

At the start of 2022, we decided to pivot our business model towards a more niche and focused approach. This decision was based on our commitment to creating long-term value for all stakeholders and our belief that our company’s core vision has always been to be a specialist one. We thrive in this environment and must continue to focus on our core business areas.

To achieve this goal, we implemented a number of initiatives and changes across our operations. We invested heavily in technological tools that allow us to fulfill our obligations as a global citizen. Our compliance and product development processes have been the focus of our efforts, and this will continue to be true in 2023.

OUR REVENUES INCREASED BY 16% IN 2022 and we achieved an operating profit margin of 23%. These results are a testament to the hard work and dedication of our employees, and we are grateful for their contributions.

Gerardo Garcia G.
Chairman

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Author: Gilberto Juarez