May 22, 2013 10:21 PM ET

Insurance

Company Overview of Atradius N.V.

Company Overview

Atradius N.V. operates as an integrated credit insurance company that provides trade credit insurance and management products, and surety and collections services worldwide. It offers various credit management and insurance products for small and medium-sized enterprises, large companies, and multinationals to protect their businesses against the commercial and political risks inherent in domestic and global trade. The company also provides debt collection services; special products and services, which include excess of loss cover, unfair calling of contractual bonds, single situation cover, cover for pre-payment of commodity supplies and manufactured goods, and bond/guarantee support; bid, ...

Detailed Description

David Ricardostraat 1

Amsterdam,  1066 JS

Netherlands

Founded in 1925

Phone:

31 20 553 9111

Fax:

31 20 553 2811

global.atradius.com

Key Executives for Atradius N.V.

Chairman of Management Board and Chief Executive Officer
Age: 59
Chairman
Age: 46
Finance Director and Director
Chief Market Officer and Member of Management Board
Commercial Head of Atradius' UK and Ireland Business
Compensation as of Fiscal Year 2012.

Atradius N.V. Key Developments

Atradius N.V. Announces Executive Changes

Atradius N.V. announced that Claus Gramlich-Eicher of Allianz Investment Management SE has been named CFO and Dominique Charpentier CIOO of Atradius N.V. David Capdevila has left the company's Management Board to take a Management Board position with Grupo Catalana Occidente. As the company's CFO, Claus Gramlich-Eicher takes responsibility for Finance, Financial Control and Corporate Finance. He will be based in Amsterdam. Mr. Gramlich-Eicher has worked for Allianz since 1993 filling various senior financial roles. Dominique Charpentier, has been with the company since 2002. He will be responsible for Instalment Credit Protection, Bonding, Collections, Atradius Re and ITS. Over his 11 years with the company, Dominique has served as Managing Director of ICP, Bonding and Italy and before its sale in 2005 Atradius Factoring. Dominique will also be based in Amsterdam. After five years as the company's CMO, David Capdevila has moved on to a Management Board position at GCO and will continue as Chairman of Atradius Re.

Atradius N.V. Announces Earnings Results for the Year 2012

Atradius N.V. announced earnings results for the year 2012. For the period, the company reported profit before tax of EUR 156.2 million, on a 3% increase in revenue to EUR 1,601.6 million. Result for the year was EUR 117.3 million. Revenue growth particularly strong in Atradius' Global, Asia, Bonding and Collections businesses. Overall insurance revenue improvements were led by an increase in insurable sales by existing customers, but were also positively influenced by an increase in new business. Insurance revenue grew by at least 5% in most regions, but in Spain and Portugal a planned reduction in revenues had a very positive impact on operating results.

Delfin Rueda Chief Financial and Risk Officer to Leave Atradius N.V, at the End of October

After almost eight years with Atradius N.V., Delfin Rueda, Chief Financial and Risk Officer, has decided to leave Atradius at the end of October to pursue a professional challenge with another organization. Chris van Lint has been named Chief Risk Officer, pending approval by the Dutch National Bank. A successor for the position of Chief Financial Officer has not yet been named. From 2002 to 2006, he served Atradius as Director of Risk Services NL & Nordic, and has since 2006 been the Director of Group Risk Management. In this role, Mr. van Lint has led the development and maintenance of Atradius' Economic Capital models, group pricing models and buyer risk ratings, and has managed the company's operational risk.

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