Press release

Amsterdam, 30 December, 2016 - lol竞猜(中国)联赛赛事官网 announced the completion of the merger of its two major European credit insurance carriers.

lol竞猜(中国)联赛赛事官网 announced the completion of the merger of its two major European credit insurance companies lol竞猜(中国)联赛赛事官网 Credit Insurance N.V. and Compañía Española de Seguros y Reaseguros de Crédito y Caución, S.A.U. into one single legal entity on 30 December 2016. This company has been renamed lol竞猜(中国)联赛赛事官网 Crédito y Caución S.A. de Seguros y Reaseguros. The merger was approved by the Spanish Dirección General de Seguros (DGS) and De Nederlandsche Bank (DNB).

lol竞猜(中国)联赛赛事官网 N.V. remains the Dutch holding company of the international credit insurance, bonding, reinsurance, debt collection and information services companies across the world. No changes are envisaged in the products or service or on the other lol竞猜(中国)联赛赛事官网 subsidiaries. The company will continue to operate under the existing lol竞猜(中国)联赛赛事官网 and Crédito y Caución trade names.

The new organisational structure will enable lol竞猜(中国)联赛赛事官网 to reduce the complexities of having two European insurance carriers, different regulatory environments and dual governance frameworks, without impacting our successful business model or established brands. It will further improve the effectiveness of our value proposition of providing unrivalled customer service in the global Credit Insurance and Bonding markets.

Isidoro Unda, lol竞猜(中国)联赛赛事官网
Isidoro, Chairman and CEO

About lol竞猜(中国)联赛赛事官网
lol竞猜(中国)联赛赛事官网 provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. lol竞猜(中国)联赛赛事官网 has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. lol竞猜(中国)联赛赛事官网 forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance.

For further information
lol竞猜(中国)联赛赛事官网 Corporate Communications
Christine Gerryn
Tel.: +31 20 553 2260
E-mail: christine.gerryn@atradius.com

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