Peter Schmidt of Swiss Re Named to Atradius Management Board

    AMSTERDAM, July 16 /CNW/ -- Atradius today announced the appointment of
Peter Schmidt to the position of Chief Market Officer responsible for credit
insurance throughout continental Europe (excluding Spain and Portugal) and the
units Bonding, Installment Credit Protection, Dutch State Business and
Atradius Re.  He will assume this role on August 1, 2008.
    Paul-Henri Denieuil, Chairman of the Atradius Supervisory Board
commented: "Peter's background in the credit and surety industry over the last
three decades spans much of Europe.  His breadth of experience, particularly
in client relationship management, global business strategy and new business
development, will ensure that we can effectively address the credit insurance
and surety needs of our expansive European network and will assist us in
further growing our business."
    Schmidt, 47, has more than 22 years of business experience, 19 of which
in the credit and surety business have been with Swiss Re where he currently
holds the position of Managing Director - Head of Credit Solutions Client
Markets.  He studied Business Management and Administration at the University
of St. Gallen in Switzerland.
    Schmidt will be based at the Atradius headquarters in Amsterdam, the
    The Atradius Management Board consists of six persons:

    -- Isidoro Unda, Chairman and Chief Executive Officer
    -- Peter Ingenlath, Vice Chairman and Chief Risk Officer
    -- Delfin Rueda, Chief Financial Officer
    -- Tommie Sjodahl, Chief Market Officer
    -- David Capdevila, Chief Market Officer
    -- Peter Schmidt, Chief Market Officer
    About Atradius:
    The Atradius Group provides trade credit insurance, surety and
collections services worldwide, and has a presence in 40 countries.  Its
products and services aim to reduce customers' exposure to buyers who cannot
pay for the products and services they purchase.  With total revenues of
approximately EUR 1.8 billion and a 31% share of the global trade credit
insurance market, its products contribute to the growth of companies
throughout the world by protecting them from payment risks associated with
selling products and services on credit.  With 160 offices, it has access to
credit information on 52 million companies worldwide and makes more than
22,000 trade credit limit decisions daily.

     Further information:
     Corporate Communications
     Christine Gerryn
     Tel. +31 20 553 2047

     Kathy Farley
     Tel.: + 1 410 246 5584

     Ian Miller
     Tel. +1 613 256 9134

     Karel van Laack
     Tel.: + 52 55 5484 0026


For further information:

For further information: Christine Gerryn, Corporate Communications, +31
20 553 2047,, or Kathy Farley, + 1 410 246 5584,, or Ian Miller, +1 613 256 9134,, or Karel van Laack, + 52 55 5484 0026,, all of Atradius Web Site:                            

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