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.
Chief Market Officer and member of the Atradius N.V. Management Board and former President of ICISA.
Mr Tesch has been a member of the Atradius N.V. Management Board since 2011 and has 13 years of experience in Director roles with Atradius.
Mr Tesch 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%.”