Trade credit group reports strong growth
Trade credit insurer Atradius has reported a 56% increase in net profit to €164.2m (£131.7m) for 2007.
The firm’s gross insurance revenues grew 6.4% to €1,261.2m, with trade credit insurance growing 4.7%.
Revenue from the assumed reinsurance business improved to €83.8m from € 50m. Instalment credit protection revenues increased 7.3%.
Atradius chief executive Isidoro Undasaid: “Our growth strategy revolves around offering our customers products and services that are of value to them and providing them with the highest quality customer service possible. Our 2007 performance clearly demonstrates that this strategy is delivering results.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
