Press Releases from Atradius

Press Releases 2011

Andreas Tesch appointment to Atradius Management Board... December 8, 2011 Martie van Velsen and Eric den Boogert named directors of Atradius Global & Oceania and Asia Following the approval of Andreas Tesch to the Management Board of Atradius N.V., Atradius, one of... Read more...   Atradius survey finds 30% of invoices paid... October 24, 2011 Payment delays and payment defaults continue to be a major issue for businesses around the world. According to the survey respondents of the Atradius Payment Practices Barometer, on average, 3% of the... Read more...   Johan Schrijver of Atradius President of global... October 20, 2011 The international association of export credit and investment insurers - the Berne Union - announced today at its Annual General Meeting in Budapest that Johan Schrijver, Managing Director of Atradius Dutch... Read more...   Andreas Tesch nominated Atradius Chief Market Officer October 11, 2011 Nomination pending approval of De Nederlandsche Bank Amsterdam, 11 October 2011 – Atradius N.V. nominated Andreas Tesch Chief Market Officer (CMO). Mr Tesch will be responsible for the commercial development of Atradius... Read more...   Atradius extends offering in Asia September 27, 2011 Atradius, one of the leading global credit insurers, has extended its pan-Asian partnership with Tokio Marine Asia Pte Ltd (TM Asia), following a period of sustained growth in the region, which... Read more...   Atradius N.V. mourns death of Vice Chairman... August 16, 2011 On Saturday 13 August 2011 Dr Peter Ingenlath Vice Chairman and Chief Market Officer (CMO) of Atradius N.V. passed away while on vacation in Germany. Dr Ingenlath was 53 years of... Read more...   Atradius survey finds EU companies believe businesses... July 12, 2011 Businesses based in emerging markets are believed to take more risks than businesses in mature European markets when entering new markets and introducing new products by 44% and 35% respectively of... Read more...   Atradius recommends 10-point-plan for exports to Russia May 19, 2011 Credit insurer presents checklist for successful trade with Russian customers Growth market Russia holds some peculiarities and risks that suppliers need to consider   Judicial proceedings in case... Read more...   Atradius survey finds that 10% of foreign... May 5, 2011 An Atradius Credit Insurance survey of 1758 businesses in nine EU countries found that 10% of foreign B2B invoices and 8% of domestic B2B invoices are written off as uncollectable by... Read more...   Atradius reports 2010 net profit of EUR... March 23, 2011 S&P outlook raised to ‘Stable’. Atradius, a global leader in trade credit insurance, debt collection and bonding, today reported a profit after tax of EUR 124.9 million* for its 2010 financial year.... Read more...   Asia-Pacific and Latin America lead global GDP... February 15, 2011 EU and US lag behind in global recovery The recovery in global activity has been led by countries in the Asia-Pacific region, with 6.9% growth, and Latin America with 5.7% growth, while... Read more...

 

Press Releases 2010

Atradius publishes businesses’ assessment of EU late... October 20, 2010 46% of the 3,971 businesses surveyed believe that mandatory payment terms across the European Union will be good for their business according to a survey conducted by Atradius, a leading global... Read more...   Atradius survey finds businesses continue to struggle... September 30, 2010 According to the Atradius Payment Practices Barometer, a twice yearly study of payment behaviour in B2B transactions, which reviewed payment management issues of 3,971 businesses in 22 countries and sovereign states... Read more...   Atradius Collections Review September 22, 2010 Atradius Collections Review shows The Netherlands and Sweden leading the way in outsourcing debt collections  The latest “Global Collections Review” survey by leading credit management and collections specialist, Atradius Collections, assesses... Read more...   Atradius names Ignacio Álvarez Chairman of its... September 15, 2010 Paul-Henri Denieuil named Honorary Chairman Atradius NV today announced that Ignacio Álvarez, member of the Management Board of Grupo Catalana Occidente has been named Chairman of the Atradius NV Supervisory Board.... Read more...   Atradius announces new management board structure July 27, 2010 Atradius announces new management board structure Atradius, a leading global credit insurer, announced a new Management Board structure of Atradius N.V. Peter Ingenlath, currently Vice Chairman and Chief Risk Officer (CRO), will assume... Read more...   Credit sales can stimulate trade June 10, 2010 Credit sales can stimulate trade, according to Atradius white paper, but transparency and trust are essential Atradius NV, a leading global credit insurer, has today launched its white paper ‘The future of trade... Read more...   Grupo Catalana Occidente, SA completes acquisition of... June 1, 2010 On May 31, 2010, Grupo Catalana Occidente, SA and INOC, SA completed the acquisition of 35.77% of the shares in Atradius NV previously owned by Swiss Re, Deutsche Bank and... Read more...   Payment default risks remain a crucial issue... April 27, 2010 Payment defaults in winter 2010 remain above 2008 levels resulting in heightened focus on credit risk management throughout Europe. Respondents to the Atradius Payment Practices survey have expressed marginal improvement in... Read more...   Atradius reports EUR 113.3 million loss in... March 23, 2010 Atradius, a global leader in trade credit insurance, debt collection and bonding, today reported a loss after tax of EUR 113.3 million.  Extensive risk mitigation actions and effective assessment of... Read more...   GCO acquires minority interests in Atradius NV January 22, 2010 This marks the completion of the acquisition process initiated in 2003 of Atradius NV, the world’s second largest credit insurance company. As a consequence: Grupo Catalana Occidente and INOC,SA have entered... Read more...

 

Press Releases 2009

Atradius economic crisis survey - November 2009... November 25, 2009 Nearly 40% of respondents of Atradius survey expect economic crisis to end in H1 2010 Recession has had mixed impact on cash flow   Amsterdam – 25 November – 38% of respondents of an... Read more...   Atradius white paper: sustainability and business November 12, 2009 London - A white paper, produced recently by leading global credit insurer Atradius, and launched today at the European Parliament in Brussels, contains strong recommendations for both governments and businesses.  The white... Read more...   Heightened focus on receivables management having stabilising... October 13, 2009 Amsterdam - The recession has resulted in more companies, worldwide, paying greater attention to their receivables to stabilize their cash flow and balance sheet. The result has been very little deterioration... Read more...   Atradius NV cost saving programme September 10, 2009 Amsterdam - Atradius N.V. today announced a EUR 90 million cost saving programme to safeguard long-term growth. Savings are expected to be achieved, most notably, through a reduction in spending in... Read more...   European payment practices worsen May 14, 2009 Amsterdam - European businesses rate the payment practices of their domestic and foreign business partners less positively in early 2009 than in summer 2008, and receive a negative evaluation of their... Read more...   Atradius reports 2008 results March 4, 2009 Amsterdam - Atradius, a global leader in trade credit insurance and debt collection, today reported a loss of EUR 193.4 million on a 40% increase in turnover, excluding investment income, to... Read more...   Central and Eastern European companies remain upbeat... February 4, 2009 Amsterdam – A November 2008 survey, undertaken by the Economist Intelligence Unit on behalf of leading global credit insurer Atradius shows that despite concerns about the regional economy, companies do not... Read more...

 

Press Releases 2008

Atradius announces the finalists of the Atradius... December 4, 2008 Amsterdam – Atradius, leading global credit insurer and a main sponsor of the 2009 European Business Awards, has announced the ten finalists of the ‘Atradius Growth Strategy of the Year Award’. The... Read more...   Atradius Collections provides DKV with automated debt... October 21, 2008 Amsterdam - Atradius Collections, a business unit of credit insurer Atradius, provides DKV, market leader in Europe of international service cards in transports, with an international and automated debt collections... Read more...   Atradius Collections partners with Flevum-Loenermark in China August 7, 2008 75 percent of Chinese exporters write off unpaid foreign invoices Amsterdam - Atradius Collections, recognizing the growing importance of China, is the first global collections firm to sign a cooperation agreement with... Read more...   Chinas growing affluence drives investors to new... July 30, 2008 New end market is primary draw for doing businesses in Southeast Asia Amsterdam - China has been the cornerstone for many businesses operating in Asia.  Increasing labour and commodity costs however, are... Read more...   Peter Schmidt of Swiss Re named to... July 16, 2008 Amsterdam - Atradius today announced the appointment of Peter Schmidt to the position of Chief Market Officer responsible for credit insurance throughout continental Europe (excluding Spain and Portugal) and the units... Read more...   China falls in the estimation of investors;... June 24, 2008 • Atradius publishes study on the promise and perils of emerging markets • Opportunities continue to knock - but risks are often underestimated • Companies can often achieve success much faster in smaller markets Amsterdam - The... Read more...   Peter Ingenlath named Chief Risk Officer of... June 10, 2008 Amsterdam – Chief Market Officer role to be separated into three regions Atradius today announced the appointment of Peter Ingenlath, Vice Chairman of the Management Board of the company, as Chief Risk... Read more...   Heaviest impact of the credit crisis yet... June 3, 2008 Amsterdam – Impact spreading outside of financial services sector globally Credit crisis related factors such as tight credit and increased payment defaults are expected to result in slower growth and growing... Read more...   Atradius moves into new headquarters in Amsterdam... May 8, 2008 Amsterdam – Atradius, a global leader in credit insurance and collections, has moved its international head office from the centre of Amsterdam to a brand new building on David Ricardostraat in... Read more...   Atradius Collections growing rapidly April 28, 2008   Amsterdam - New offices in North America, Europe and Asia Atradius Collections, part of the Atradius Group, continues its rapid expansion with investments in its international presence. Over the last seven... Read more...   Atradius reports results for 2007 April 10, 2008 Amsterdam - Total income nears EUR 1.4 billion, 56% rise in net profit Atradius, a global leader in trade credit insurance and collections, today reported a 56% increase in net profit to... Read more...   Atradius and Crédito y Caución complete business... January 28, 2008 Amsterdam – Atradius and Crédito y Caución, the world’s second and fourth largest credit insurers, today announced the completion of the transaction to combine their businesses. The credit insurance companies will... Read more...

 

Press Releases 2007

Atradius and Sinosure sign Memorandum of Understanding November 6, 2007 Amsterdam – Atradius Dutch State Business, the Dutch Export Credit Agency, and Sinosure, the Export Credit Agency of China , signed a Memorandum of Understanding with the aim of supporting projects where both Dutch and Chinese... Read more...   Atradius Receives Credit Insurance Licence In Turkey September 11, 2007 Amsterdam - Atradius, a global leader in credit insurance and credit management, received a licence for operating domestic and export credit insurance business in Turkey . The Atradius Turkey office, located... Read more...   Credit Insurer Atradius views credit market slump... August 19, 2007 Amsterdam - Credit insurer Atradius is concerned that the crises in the US sub-prime mortgage market, currently affecting all major financial markets, will impact the capability of companies in both, meeting... Read more...   Credit Insurer Atradius opens office in Lugano July 19, 2007 Zurich  – The credit insurer Atradius services its customers in the Italian speaking part of Switzerland as of now from its new office in Lugano. Atradius opened its Swiss branch in... Read more...   Isidoro Unda becomes Chairman of the Management... July 4, 2007 Amsterdam/Madrid – Atradius today announced that its Supervisory Board has confirmed the appointment of Isidoro Unda as Chairman of the Management Board and Chief Executive Officer of Atradius N.V. Peter Ingenlath ,... Read more...   Atradius and Alfa Strakhovanie sign co-operation agreement... May 30, 2007 Amsterdam - Atradius N.V., a leading global credit insurer, and AlfaStrakhovanie, one of the largest insurers in Russia and part of Alfa Group that also comprises Alfa Bank, have signed a... Read more...   Atradius N.V. reports record 2006 earnings April 19, 2007 Amsterdam - Atradius N.V., a global leader in credit insurance and collections, today reported a 27.9% increase in net profit from continuing operations to EUR 105.3 million in 2006 from EUR... Read more...   Crédito Y Caución and Atradius to combine... April 2, 2007 Amsterdam / Madrid - Under the terms of the agreement, Crédito y Caución, based in Madrid, will become part of the new Atradius Group. The headquarters of the new Group will be... Read more...   Andreas Tesch appointed Director Atradius Global March 27, 2007 Amsterdam  - Andreas Tesch has been appointed Director Atradius Global and New Markets. He will assume all responsibilities for Atradius’ global credit insurance portfolio which has achieved a... Read more...   Moody's upgrades Atradius Reinsurance Ltd to A2... February 16, 2007 Amsterdam/Dublin -  Earlier this week Moody’s concluded their assessment of Atradius Reinsurance Ltd with an upgrade from Baa1 to A2, bringing the Atradius Reinsurance rating in line with the other rated entities... Read more...   Atradius receives insurance license in Singapore January 24, 2007 Amsterdam/Singapore - Atradius Credit Insurance today announced that it has received its operating license in Singapore. Its new Singapore branch office is located in Equity Plaza on Cecil Street in the central... Read more...

 

Press Releases 2006

Will Vietnam be the next China? October 26, 2006 Amsterdam - New research reveals more than 80 per cent of global companies are already investing in second tier emerging markets. The research carried out by the Economist Intelligence Unit together with... Read more...   Atradius receives insurance license in Hong Kong... October 5, 2006 Amsterdam/Hong Kong  - The Hong Kong Branch of global credit insurer Atradius received it’s operating license on 29 September cementing its foothold in Asia with the opening of its new branch in... Read more...   Net Profit Atradius up 8% in 1st... September 27, 2006 Amsterdam - Credit insurer Atradius today reported a net profit of € 60 million for the first six months of 2006, an 8% increase compared to the same period in 2005, setting... Read more...   Atradius to advise and support China Continent... August 22, 2006 Amsterdam - Atradius to advise and support China Continent Property & Casualty Insurance on domestic credit insurance offering in China - Atradius Credit Insurance N.V. and China Continent Property & Casualty... Read more...   Ground Breaking Swap agreement between Atradius and... August 3, 2006 Amsterdam - For the first time the Eksport Kredit Fonden (EKF), the Danish Export Credit Agency (ECA) and the Dutch ECA Atradius Dutch State Business (Atradius) have signed an agreement to swap... Read more...   Atradius and Tokio Marine set up Joint... May 22, 2006 Amsterdam - Atradius Credit Insurance N.V. and Tokio Marine & Nichido Fire Co., Ltd. today announced the opening of a joint venture service company that will support both companies in the offering... Read more...   Atradius and US-Exim sign bilateral reinsurance agreement May 3, 2006 Amsterdam - Recently Atradius, the Dutch Export Credit Agency (ECA) and US-Exim Bank the ECA of the United States of America, have signed a bilateral framework reinsurance agreement, thus facilitating export transactions... Read more...   Atradius doubles Net Profit in 2006 April 27, 2006 Amsterdam - Atradius N.V., a global leader in credit insurance and collections, today reported that it doubled profit after tax to € 100.3 million for 2005 compared to € 50.6 million in... Read more...

 

Press Releases 2005

Atradius and Unilever: Partners in Rembrandt400 December 8, 2005 Amsterdam - Atradius and Unilever are the main sponsors of the festivities in the Rembrandt House Museum to mark the celebration of the 400th anniversary of Rembrandt’s birth. Under the banner ‘Rembrandt Year in... Read more...   Fortis finalizes Acquisition of Atradius factoring November 1, 2005 Having obtained the required regulatory approvals in Germany and France, Fortis has today successfully finalized the acquisition of Atradius Factoring’s activities, which are located in Denmark, Sweden, France, Germany and Italy. ... Read more...   Grupo Catalana Occidente buys Atradius shares from... September 19, 2005 Grupo Catalana Occidente buys Atradius shares from Swiss Re. The Spanish insurance group Grupo Catalana Occidente today announced that it bought 3.969.466 (7.01%) of Atradius shares for € 49 million from Swiss... Read more...   Atradius net Profit up 25% in first... September 16, 2005 Atradius Net Profit up 25% in First Half 2005. Atradius N.V., a global leader in credit insurance and credit management, today reported a 25.4% increase in profit after tax to € 53.8... Read more...   Fortis to acquire Atradius factoring business July 25, 2005 Fortis and Atradius today announced that they have signed an agreement by which Fortis will acquire the Atradius Factoring activities. Fortis intends to integrate the Atradius Factoring Units – which are... Read more...   Atradius and Tokio Marine Announce co-operation agreement May 31, 2005 Atradius N.V. (Atradius) and The Tokio Marine & Nichido Fire Insurance Co., Ltd (TMNF) today announced their intention to engage in a joint exclusive co-operation to develop export credit insurance business... Read more...   Atradius Net Profit Tripled in 2004 May 3, 2005 Amsterdam - Atradius N.V., a global leader in credit insurance and credit management, today reported significantly higher profit after tax of € 50 million for 2004 compared to € 15.3 million... Read more...   Growing Credit Management Possibilities in Hungary April 25, 2005 Atradius N.V., a global leader in credit insurance and credit management has entered the Hungarian market. Atradius sees growing opportunities to stimulate business growth in Hungary using its unique credit management... Read more...