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LONDON – 7 August, 2023 – Barents Reinsurance SA, part of the Barents Re Group, has entered into a multi-year agreement with Moody’s RMS, the leading global catastrophe risk modeling and solutions company. 

Barents Reinsurance SA has selected Moody’s RMS to provide natural catastrophe modeling services for its expanding property portfolio. Data enhancement and modeling will be executed by Moody’s RMS Analytical Services team to cover multiple perils including Europe earthquakes, windstorm, 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, said: “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.”

Jason Futers, Managing Director, Moody’s RMS, said: “We are pleased to be working with Barents Reinsurance SA at this exciting time for their business. Risk is becoming increasingly complex, especially around property. Companies that can utilize science and technology to better understand these risks are able to make better-informed risk decisions.”


About Barents Reinsurance SA
Barents Re is a leading independent reinsurance group. Established in 1996, Barents Re has a well-established presence in Europe, Latin America, the Middle East, and Asia. The company provides a wide range of niche and specialty reinsurance products to property and casualty insurers. Barents Re Reinsurance Company, Inc. and Barents Reinsurance S.A. are both rated ‘A’ (Excellent) by A.M. Best.

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About Moody's RMS

Moody’s RMS shapes the world’s view of risk for insurers, reinsurers, financial services organizations, and the public sector, with Moody’s RMS models underlying the nearly $2 trillion USD Property & Casualty industry. Moody’s RMS empowers organizations to evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.

Moody’s RMS helped pioneer the catastrophe risk industry, and continues to lead in innovation, unmatched science, technology, and 300+ catastrophe risk models. Organizations can address the risks of tomorrow with the Intelligent Risk Platform™, the only open cloud with collaborative applications and unified analytics that can power risk management excellence.

Further supporting the industry’s transition to modern risk management, in 2020, Moody’s RMS spearheaded the Risk Data Open Standard (RDOS), a modern, open-standard data schema designed to be an extensible and flexible asset within modeling/analysis systems.

In 2021, Moody’s Corporation acquired Risk Management Solutions, Inc. and as part of Moody’s Analytics, Moody’s RMS serves the P&C insurance industry as the leading provider of expertise, science, and technology in integrated risk. A trusted solutions partner, Moody’s RMS enables effective risk management for better business decision-making across risk identification and selection, mitigation, underwriting, and portfolio management.

Visit RMS.com to learn more and follow us on LinkedIn and Twitter.

© 2023 Risk Management Solutions, Inc. and/or its affiliates and licensors (“Moody’s RMS”). All rights reserved. All names, logos, and icons identifying Moody’s RMS and/or its products and services are trademarks of Risk Management Solutions, Inc. and/or its licensors or affiliates. Third-party trademarks referenced herein are the property of their respective owners.

RMS is a subsidiary of Moody’s Corporation (NYSE: MCO) and operates as part of the Moody’s Analytics business segment. Moody’s Analytics is operationally and legally separate from the Moody’s Investors Service credit rating agency.

Media Contacts

Matthew Longbottom

PR Lead, EU and APAC
+44 20 7444 7706 prteam@rms.com

Haggie Partners

PR Lead, Americas
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