2006 was a successful year for Belgian export credit agency ONDD. Total insured transactions rose to almost €15bn. Written premiums net of rebates were up by 66% from €98mn in 2005 to €162mn in 2006.
Consolidated group profit came to €120mn. This enabled ONDD to raise equity to €1.338bn, creating a solid solvency margin against outstanding risks of €11.833bn.
Last year was also important in the continued pursuit of our strategy to turn the ONDD group into a fully-fledged market player, geared towards customer service and efficiency.
