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Merger between Credendo – Short-Term Non-EU Risks and Credendo – Short-Term EU Risks

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  3. Merger between Credendo – Short-Term Non-EU Risks and Credendo – Short-Term EU Risks
14/04/2025

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  • Two subsidiaries of the Credendo group merged on 11 April 2025
  • The merged entity goes by the name of Credendo – Trade Credit Insurance
  • The merged entity will meet market and client needs even better
  • Credendo – Trade Credit Insurance will benefit from an A rating from S&P Global Ratings

Credendo is pleased to announce the merger by absorption of Credendo – Short-Term EU Risks by Credendo – Short-Term Non-EU Risks. The merged entity goes by the name of Credendo – Trade Credit Insurance. This merger received formal approval from the relevant supervisory authorities and took effect on 11 April 2025.

The merged entity will become stronger and better equipped to satisfy market needs and seize business opportunities. As an insurer with a strong specialisation in short-term credit risks worldwide, Credendo – Trade Credit Insurance will profit from its scaled-up resources and expanded distribution channels. Bringing business together will help to address growing client needs in trade credit to deal with greater economic volatility and risk environment. The merged company will continue to benefit from the A rating assigned by S&P Global Ratings. 

Spokesperson:                
Nabil Jijakli                    
Deputy CEO                    
rue Montoyerstraat 3                
1000 Brussels                    
E n.jijakli@credendo.com
M +32 478 25 11 33

Press contact:
Griet Van Gorp
Content and Press Relation Specialist
E g.vangorp@credendo.com 
M +32 473 33 20 50
 

14/04/2025

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