Atradius 2025: Strong performance in a complex environment

Atradius proved, once again, that consistent execution and steady commitment matter in a world that rarely stands still. While global uncertainty, geopolitical tension, shifting trade patterns, supply chain pressures, and climate related disruptions pulled markets in different directions, Atradius advanced through 2025 with clarity of purpose.

Across markets, economic conditions shifted unevenly. Some regions gained momentum while others faced ongoing structural challenges. Global trade continued to adjust to political and economic realignments, and the rise in climate related disruptions added new strain to infrastructure and supply networks.

In this context, Atradius remained anchored to its long-term strategic priorities. Exposure was managed with care, underwriting standards were reinforced, and the evolution of the product offering continued to broaden the portfolio. Diversification —by geography, by sector, by product— helped stabilise outcomes even when volatility emerged in specific pockets of the market. Against this backdrop, insurance revenues rose to EUR 2.5 billion, supported by strong retention and steady premium volumes, while the result after tax reached EUR 400.1 million. Our total potential exposure, the sum of all trade credit lines requested by our insured clients and covered by us, increased by 3.3% to EUR 1,016.9 billion at year-end 2025. 

Foundations for long-term growth and resilience

One significant step of the year was the creation of a Lloyd’s syndicate. It signalled a long-term commitment to participating in one of the world’s most established insurance marketplaces. The syndicate expands our distribution capabilities, creates opportunities in selected sectors, and strengthens our platform for international development.

Investment in technology remained another cornerstone. The rollout of Atradius’ secure, in-house-developed core system made significant headway, with most business units now operating on it. Beyond infrastructure, the impact is tangible: smoother policy production, stronger functionality, more effective processes. It is a system built to strengthen operational performance and reinforce the quality of our customer service.

Artificial Intelligence also took a more prominent role. With a clear governance and ethical framework in place, AI and robotics supported portfolio management, informed credit decision-making and enhanced operational efficiency. A comprehensive internal policy guides how opportunities are taken and how risks are managed. The result is more time and space for people to focus on what creates value: serving customers and refining products.

Sustainability remained firmly embedded in the Company’s agenda. Through the 2024–2026 Master Plan, teams across the organisation continued taking practical steps to integrate sustainability into our operating framework. These efforts reinforce long-term value creation and reflect a responsible approach to business in a world where expectations continue to rise. 

Preparing for 2026: Stability and customer focus

Looking towards 2026, uncertainty remains part of the landscape. Inflation and interest rates may be easing, but geopolitical and economic tensions still shape the environment in which our customers operate. Atradius enters 2026 with a steady set of priorities: remaining commercially responsive, strengthening risk management, advancing digital capabilities, progressing strategic initiatives and maintaining operational discipline. Supporting customers through changing risk conditions continues to be at the heart of the mission.

Looking towards 2026, uncertainty will remain a defining feature of the global environment. Inflation and interest rates may be easing, but geopolitical and economic tensions continue to shape the conditions in which our customers operate. Atradius moves forward with a clear set of priorities: sustaining commercial agility, strengthening risk management, advancing digital capabilities, progressing strategic initiatives, and maintaining operational discipline. Supporting customers as risk conditions evolve remains central to how we operate.

At the centre of it all are the people and partners of Atradius. Their commitment, expertise and leadership continue to sustain our resilience and ambition. The year 2025 demonstrated what this combination can deliver: consistent performance in an increasingly complex world, and a foundation from which we can continue to move forward with confidence.