Atradius and US-Exim sign bilateral reinsurance agreement

Amsterdam, Wednesday, 3 May, 2006 - Recently Atradius, the Dutch Export Credit Agency (ECA) and US-Exim Bank the ECA of the United States of America, have signed a bilateral framework reinsurance agreement, thus facilitating export transactions sourced from both countries. Atradius is the first non-G7 member with which US-Exim signs a bilateral reinsurance agreement.

Recently Atradius, the Dutch Export Credit Agency (ECA) and US-Exim Bank the ECA of the United States of America, have signed a bilateral framework reinsurance agreement, thus facilitating export transactions sourced from both countries. Atradius is the first non-G7 member with which US-Exim signs a bilateral reinsurance agreement.

Philips Medical Systems, a Dutch based Company with subsidiaries both in the Netherlands and the United States of America will immediately make use of this facility for two transactions: one where Atradius is in the lead with re-insurance from US-Exim Bank, and one where US-Exim Bank is in the lead with re-insurance from Atradius.

Atradius has now signed framework reinsurance agreements with ECAs from more than 20 countries.

For more information:
About Atradius 
Christine Gerryn
Director Corporate Communications
Keizersgracht 281
1016 ED Amsterdam
Tel.: +31 (0)20 553 2260
Fax: +31 (0)20 553 2212