2021 was an excellent year for Barents Reinsurance S.A. Indeed, the 2021 results were the best year ever for the company.

Our success was due to our solid market footprint, rigorous risk selection, strong customer relationships, which enabled us to benefit from improved operating conditions in all our lines of business and the hard work of our staff.

During the year we also took the opportunity to review of all business functions which in turn has led to the hiring of additional staff in both the Luxembourg and London offices. The purpose of the review was to align the company with its long-term goals and to increase the company’s value. The additional staff have either already joined the company or are due to join in the next few months.