Annual Reports

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.

Atradius Annual Report 2022 - Resilience in challenging times

 

Atradius Annual Report 2023 | Atradius

 

At Atradius we remain dedicated to our commitment to enable trade and develop resilient  solutions during these challenging times. 2022 was the third year in which the world was confronted by the reality of COVID-19. But Russia’s invasion of Ukraine has sparked further uncertainty, setting off a chain of events that rippled through the global economy, forcing us to adapt to the changing risk environment. In this dynamic setting where uncertainty remains at unprecedented levels, with persistent risk challenges across the globe, our company and our people have worked alongside our customers and business partners to navigate uncertain times.

Insurance premium revenue increased by 17.1% while the claims ratio for 2022 increased to 38.7%. As a result, the Atradius insurance and service result increased 37.1% to EUR 414.8 million, and the result for the year by 38.3% to EUR 332.2 million. Customer retention of 93.5% demonstrates customer confidence in Atradius and a steady demand for Atradius’ services.

Business outlook  

Global growth is expected to falter in 2023 as the global economy teeters on the edge of a recession in the first half of the year.  The global GDP forecast is only 1.3% in 2023, the weakest growth profile since the financial crisis.  This picture is especially true for advanced economies, with 0.2% growth forecast overall, and even a mild recession forecast in the Eurozone, US and UK.  The outlook for emerging economies is more positive with 2.9% growth predicted overall and some markets such as China and India forecast to perform better.  In 2023, insolvencies in most markets continue to adjust to normal, pre-pandemic levels.

Overall, the risks to the world economy remain high and the current risk environment makes it even more challenging for companies to emerge stronger from the Covid-19 pandemic.

 


 

Related content

About Atradius China

We provide Credit Management Consulting, Trade Credit Information Reports and Debt Collections for local and international businesses located in China, as well as companies worldwide.

Credit to Cash Briefings

The Atradius Credit-to-Cash Briefings offer free business guidance designed to support you as you manage the day-to-day operation of your business. They include useful checklists.

Export practice

Our Export Practice Publications detail potential risks and barriers to trade that can face businesses seeking to export to new markets, and provides practical tips and guidance on overcoming them.

Disclaimer

Each publication available on or from our websites, such as, but not limited to webpages, reports, articles, publications, tips and helpful content, trading briefs, infographics, videos (each a “Publication”) is provided for information purposes only and is not intended as a recommendation or advice as to particular transactions, investments or strategies in any way to any reader. Readers must make their own independent decisions, commercial or otherwise, regarding the information provided. While we have made every attempt to ensure that the information contained in any Publication has been obtained from reliable sources, Atradius is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in any Publication is provided ’as is’, with no guarantee of completeness, accuracy, timeliness or of the results obtained from its use, and without warranty of any kind, express or implied. In no event will Atradius, its related partnerships or corporations, or the partners, agents or employees thereof, be liable to you or anyone else for any decision made or action taken in reliance on the information in any Publication, or for any loss of opportunity, loss of profit, loss of production, loss of business or indirect losses, special or similar damages of any kind, even if advised of the possibility of such losses or damages.