TFG heard from Andreas Tesch of Atradius on the status of credit insurance market in Asia and the key initiatives taken in response to Covid-19’s impact on Asian trade.
Andreas Tesch is the Chief Market Officer and member of the Atradius N.V. Management Board and former President of ICISA.
Andreas has been a member of the Atradius N.V. Management Board since 2011 and has 13 years of experience in Director roles with Atradius.
Andreas described the recent credit insurance environment as moving into a more positive stage. “Insured exposure increased to a record Euro 2 trillion, confirming the improved outlook for trade and stabilizing claims environment. Compared to pre-crisis (2007) numbers, premium income of ICISA members is up 31% and insured exposure is up 15%.”