Euler Hermes Unternehmensnachrichten in 2009

Dirk Oevermann is appointed member of Euler Hermes’ Board of Management, in charge of Operations and IT
02.12.2009
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The Euler Hermes Group Supervisory Board appointed Dirk Oevermann a member of the Board of Management of the Euler Hermes Group as of 1st February 2010. Dirk Oevermann will be in charge of Operations and IT...

The world’s leading credit insurer Euler Hermes is forecasting a 33% rise in corporate insolvencies worldwide in 2009. In 2008, half the global increase in insolvencies resulted from financial restrictions whereas in 2009 the main factor has been the economic recession
17.11.2009
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The world’s leading credit insurer Euler Hermes is forecasting a 33% rise in corporate insolvencies worldwide in 2009. In 2008, half the global increase in insolvencies resulted from financial restrictions whereas in 2009 the main factor has been the economic recession...

Clement B. Booth takes over from Jean-Philippe Thierry as Chairman of the Supervisory Board of Euler Hermes
09.11.2009
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As previously announced, Jean-Philippe Thierry will retire from AGF chairmanship and Allianz SE Board of Management on 31 December 2009. Within this context the Euler Hermes Supervisory Board which met earlier today, has appointed Clement B. Booth Chairman...

Bernd Lehmann is appointed Global Head of HR of Euler Hermes
29.10.2009
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Bernd Lehmann is appointed Global Head of Human Resources of the Euler Hermes Group, effective as of November 1st, 2009....

Euler Hermes: new governance
15.10.2009
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Within the framework of the new organisation which will be implemented 1 January 2010 and in order to manage the group in a fully integrated way, the members of the Management Board of Euler Hermes decided to strengthen the group functions and to concentrate on them. Moreover six Heads of Region are appointed...

Euler Hermes adopts a new, more integrated, organisation
10.09.2009
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Euler Hermes adopts a new, more closely integrated, organisation with the aim of better meeting clients’ needs and consolidating its world leadership in credit insurance...

Standard & Poor’s confirms Euler Hermes’ AA- rating
18.08.2009
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In a report published on July 29, Standard & Poor’s Ratings Services affirms its AA- rating with a stable outlook on Euler Hermes group reflecting its very strong position and financial flexibility and its prudent investment strategy...

U.S. Has Entered Economic Recovery Period
21.07.2009
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Following nearly 18 months of recession, the U.S. economy has entered its initial recovery period; however, as expected, the economic improvement is coming “in fits and starts” according to the Chief Economist for Euler Hermes in the Americas...

The future of global automobile industry to be shaped by mergers and alliances
25.06.2009
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A plunge in global demand and massive destocking are such that in future, the industry will need to find ways to share certain costs through tie-ups and alliances...

Post-crisis period expected to be marked by the resurgence of “country risk” and lower global economic growth than in the last decade
05.06.2009
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Number one credit insurer Euler Hermes assesses the impact of globalisation and considers its development post-crisis...

A remarkable acceleration in business insolvencies worldwide: + 35% in 2009
04.06.2009
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Number one credit insurer Euler Hermes is forecasting a 35% increase in corporate worldwide insolvencies for 2009, after +27% in 2008. This dramatical rise is the consequence of the financial and economic crisis...

Euler Hermes confirms its presence in Portugal
14.05.2009
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Euler Hermes took note of the Portuguese Prime minister’s statement regarding his government’s wish to make an offer to acquire Cosec....

France: Euler Hermes SFAC plays a leading role in the new CAP+ credit insurance top-up scheme and in communication with companies
14.05.2009
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French credit insurer Euler Hermes SFAC welcomes the agreement reached following the meeting with French prime minister François Fillon on 12 May 2009...

HSBC and Euler Hermes provide Mexican Middle Market Companies management solutions for their working capital
20.04.2009
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wo leading companies have combined their expertise in Mexico to help Middle Market Companies (MMEs) to better manage collection risk associated with their account receivables...

Wilfried Verstraete is appointed CEO of Euler Hermes
17.02.2009
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As Clemens von Weichs will become Chief Executive Officer (CEO) of Allianz Re, the Euler Hermes Group Supervisory Board appoints Wilfried Verstraete as CEO of the Euler Hermes Group as of 1st April 2009...

Country risk - Emerging economies caught in the storm
12.01.2009
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Euler Hermes has published its analysis of country risk in a global economic crisis. Country risk takes on another dimension in a recessionary environment. Emerging countries are faced with dwindling sources of external financing, the recession of the major economies and falling commodities prices. ...

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