The Annual Report is a complete overview of the performance of Atradius N.V. in a year. It includes performance and strategy, full year accounts and additional financial information.
The latest Annual Reports and summaries are available to view and download (Download Adobe Reader).
Atradius Annual Report 2014 – Helping our customers grow
In 2014 we once again achieved robust results, as reflected in the strong credit ratings assigned to the Atradius Group by A.M. Best (A – Excellent, stable outlook) and Moody’s (A3, stable outlook). Total revenue increased by 3.3% (3.6% at constant foreign exchange rates), increasing in Western Europe and showing good growth in new markets. Through effective risk management we improved our claims ratio to 40.7% despite the continuing challenging risk environment, while at the same time our risk acceptance remained high. The result for the year was EUR 161.2 million: an improvement of 19.8% on 2013 with a major contribution from our Iberian region.
By helping our customers grow, we grow too: not only in terms of the volume of business that we insure but also in the way that we progress as an organisation and in the range of products we offer.
The year saw many initiatives aimed at supporting our customers’ growth. New products were designed to attract small and medium sized enterprises while, at the other end of the scale, new ‘top-up’ solutions devised with leading reinsurers help our customers obtain strategically important cover. A new service – Atradius Insights – gives customers an even greater wealth of management information, helping them actively manage their risk portfolio and easily identify opportunities for profitable growth.
We continue to expand geographically with new offices in Thailand and Indonesia, a licence in Russia and increased capabilities in Latin America and Africa.
2014 was a milestone for both Atradius and our parent company Grupo Catalana Occidente S.A. (GCO): marking ten years since the launch of the Atradius name and the 150th anniversary of GCO. To celebrate both landmarks we have aligned the Atradius brand with our parent, with a new logo and visual identity.