March 28, 2017 2:05 PM ET

Insurance

Company Overview of Atradius N.V.

Company Overview

Atradius N.V. provides trade credit insurance, surety, and collections services worldwide. The company offers credit insurance, debt collection, special products, bonding products, and reinsurance. It provides solutions to protect businesses against commercial and political risks; and cover trade financings and trade risks. Atradius N.V. was formerly known as Gerling NCM N.V. and changed its name to Atradius N.V. in August 2003. The company was founded in 1925 and is based in Amsterdam, the Netherlands with presence in North America, Oceania, Central and Eastern Europe, and Asia. It also has a credit insurance location in the Russian federation; and an office in South Korea. As of January 28...

David Ricardostraat 1

Amsterdam,  1066 JS

Netherlands

Founded in 1925

Phone:

31 20 553 9111

Fax:

31 20 553 2811

Key Executives for Atradius N.V.

Chairman of Management Board and Chief Executive Officer
Age: 63
Chief Financial Officer and Member of Management Board
Age: 51
Chief Risk Officer and Member of Management Board
Age: 56
Chief Insurance Operations Officer and Member of Management Board
Age: 47
Director of Corporate Communications & Marketing
Compensation as of Fiscal Year 2016.

Atradius N.V. Key Developments

Atradius Reports Consolidated Earnings Results for the Year 2016

Atradius reported consolidated earnings results for the year 2016. For the year, the company’s total revenue was EUR 1,760,667,000 against EUR 1,717,759,000 a year ago. Investment income was EUR 44,968,000 against EUR 36,016,000 a year ago. Operating income before reinsurance was EUR 424,045,000 against EUR 364,616,000 a year ago. Result after tax was EUR 211,772,000 against EUR 178,221,000 a year ago.

Atradius Announces Executive Changes

Atradius has named Marc Henstridge as Chief Insurance Operations Officer (CIOO) of the company per January 1, 2017. Mr. Henstridge will join the management board of the company on January 1, 2017, following the retirement of Dominique Charpentier at the end of 2016. Marc Henstridge, has been with the company since 1997. As CIOO he is responsible for Instalment Credit Protection, Bonding, Collections, Atradius Re, Project & Process Unit and ITS. Over his 19 years with Atradius, Marc has served in a variety of positions, most recently as Director of Risk Services in the UK and Ireland. In addition to his responsibilities at Atradius, Marc also sits on various external committees to represent Atradius and the credit insurance industry. He will be based in Amsterdam. After 14 years with Atradius, including the last three years as CIOO and member of the Management Board, Dominique Charpentier (65) retires from an outstanding career in the credit insurance and factoring industries spanning more than 20 years.

Atradius Announces Earnings Results for the Year 2015

Atradius announced earnings results for the year 2015. For the year, the company's total revenues rose 5.6% to EUR 1,717.8 million. Earned premium again improved at a good pace growing 5.4% to EUR 1,537.0 million. Net insurance result improved 8.0% in 2015 to EUR 217.7 million. Net profit grew 10.6% to EUR 178.2 million.

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