{"id":313,"date":"2025-06-18T06:30:55","date_gmt":"2025-06-18T06:30:55","guid":{"rendered":"https:\/\/hypnosisofaustin.com\/?p=313"},"modified":"2025-06-18T08:38:01","modified_gmt":"2025-06-18T08:38:01","slug":"barents-re-and-subsidiaries-get-a-ratings-with-stable-outlook-from-sp","status":"publish","type":"post","link":"https:\/\/hypnosisofaustin.com\/index.php\/2025\/06\/18\/barents-re-and-subsidiaries-get-a-ratings-with-stable-outlook-from-sp\/","title":{"rendered":"Barents Re and subsidiaries get A- ratings with stable outlook from S&P"},"content":{"rendered":"
Credit rating company S&P Global Ratings has assigned independent reinsurance group, Barents Re Reinsurance Company Inc. (Cayman Islands), and two of its subsidiaries (collectively Barents Re) an \u2018A-\u2018 long-term issuer credit and financial strength ratings with a stable outlook.<\/p>\n
The two subsidiaries with the \u2018A-\u2018 long-term financial strength ratings are Barents Insurance EAD (Bulgaria) and Barents Reinsurance S.A. (Luxembourg). Their outlook is based on the assumption that firms will produce strong combined ratios in the low-90 area in 2025 and 2026 with minimal impact from natural catastrophe losses.<\/p>\n
S&P commented, \u201cWe expect the leverage will remain near zero, as we do not anticipate the company will raise any debt leverage. We also expect the company\u2019s capital will continue to be redundant at the \u201899.99%\u2019 confidence level over the next two years.\u201d<\/p>\n
The outlook reflects S&P\u2019s expectation that the firm will continue to execute its strategy of delivering specialty reinsurance solutions globally, while producing strong earnings and maintaining an excellent capitalisation.<\/p>\n
S&P explains that the ratings reflect Barents Re\u2019s robust balance sheet strength with capital that is well redundant at the \u201899.99%\u2019 confidence level through 2026, strong underwriting results that have historically outperformed those of similarly rated peers, and prudent risk management that has moderated volatility on a consolidated basis.<\/p>\n
Barents Re\u2019s competitive position is satisfactory, reflecting its strong underwriting track record with an average combined ratio of 88.8% for the past five years, notes the ratings agency.<\/p>\n The credit rating agency explained, \u201cWe expect the company\u2019s top line to grow in the mid-teens in 2025-2026, benefiting from still favourable reinsurance pricing and new business. The company is well diversified both geographically and in terms of its numerous underwriting segments. Barents Re\u2019s underwriting exposures are spread across Europe, the Middle East, North Africa, and Latin America.<\/p>\n \u201cThe company operates in various business lines like energy, bonds, property, specialty, and life. The company is strategic in its underwriting segments and will enter\/exit lines to enhance and preserve its long-term profitability. While the company\u2019s consolidated results are strong and have remained largely stable historically, individual segments can experience meaningful volatility.\u201d<\/p>\n The post Barents Re and subsidiaries get A- ratings with stable outlook from S&P<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Credit rating company S&P Global Ratings has assigned independent reinsurance group, Barents Re Reinsurance Company Inc. (Cayman Islands), and two of its subsidiaries (collectively Barents Re) an \u2018A-\u2018 long-term issuer credit and financial strength ratings with a stable outlook. The two subsidiaries with the \u2018A-\u2018 long-term financial strength ratings are Barents Insurance EAD (Bulgaria) and…<\/p>\n","protected":false},"author":1,"featured_media":315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reinsurance"],"_links":{"self":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/comments?post=313"}],"version-history":[{"count":3,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/313\/revisions"}],"predecessor-version":[{"id":317,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/313\/revisions\/317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/media\/315"}],"wp:attachment":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/media?parent=313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/categories?post=313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/tags?post=313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><!–
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