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Euler Hermes corporate press releases

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....

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...

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...

HSBC and Euler Hermes provide Mexican Middle Market Companies management solutions for their working capital
20.04.2009
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Two 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. ...

An unprecedented crisis in terms of severity and its simultaneous impact worldwide. No stabilisation foreseen before the end of 2009
17.12.2008
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In a research report, the world leading credit insurer Euler Hermes analyses the general impact, and the impact by sector, of the current global crisis. It stresses that the present economic and financial crisis is unprecedented in terms of its severity and geographic spread. ...

Euler Hermes: Insolvencies on the rise worldwide
08.12.2008
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The number of corporate insolvencies is rising dramatically worldwide as a consequence of the crisis in the international financial markets and the fundamental changes in the economic environment....

No United States recovery until mid-2009
20.11.2008
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The U.S. economy is in the midst of a recession, the effects of which will continue to plague businesses and consumers well into the next year, according to economic analysis from the US subsidiary of the world’s leading credit insurer....

2008-2009 outlook for the aeronautics. Analysis by Euler Hermes.
15.10.2008
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According to the world leading credit insurer’s analysis, air carriers’ results will deteriorate further in 2008 and 2009 due to slower growth in air traffic and significantly higher fuel costs....

Standard & Poor’s confirms Euler Hermes’ AA- rating
26.08.2008
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In a report published at the end of July on its website*, Standard & Poor’s rating services affirms its AA- rating with a stable outlook on Euler Hermes group reflecting its very strong position...

Slower world trade growth expected in 2008 - World risk outlook
18.07.2008
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Leading accounts receivable insurer Euler Hermes ACI has issued its mid-year 2008 Global Risk Analysis Report for emerging economies. The report is calling for lower global GDP growth and reduced world trade volumes for the remainder of the year...

Euler Hermes and Rosno extend co-operative venture in Russia
03.07.2008
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The world’s leading credit insurer and one of Russia’s largest universal insurance companies are blending their experience to extend the level of insurance cover in Russia by founding the company Euler Hermes Credit Management...

Euler Hermes wins “Best Export Credit Agency” award for the 4th time
01.07.2008
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Euler Hermes, the worldwide leader in credit insurance, has been rewarded “Best Export Credit Agency 2008” by the British Trade Finance Magazine based on an annual survey among 15,000 readers...

Triple Shock in 2008 - Economic Outlook
26.06.2008
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The world economy is faced with three shocks in 2008 and 2009 – a sub-prime crisis affecting all the OECD economies resulting in a slowdown in construction and real estate; a shock in terms of food and energy commodities; and lastly a downturn in world trade caused by the slowdown in the US economy...

Euler Hermes starts operating in Qatar, Oman and Kuwait
09.06.2008
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Euler Hermes, the world’s leading credit insurer and member of the Allianz Group, has signed a cooperation agreement with Qatar Insurance Company and its subsidiaries in Oman and Kuwait...

No economic recovery for businesses in 2008, says Euler Hermes ACI chief economist
06.06.2008
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The U.S. economy continues to face deteriorating economic conditions which will cause significant difficulties for businesses through the remainder of 2008, according to analysis from leading B-to-B accounts receivable insurer Euler Hermes ACI...

Michele Pignotti appointed CEO of Euler Hermes SIAC, Italy
05.05.2008
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Euler Hermes, the world’s leading credit insurer, has appointed Michele Pignotti Chief Executive Officer of its Italian subsidiary Euler Hermes SIAC with effect from May 1st, 2008. ...

Sector analysis: property and construction
17.04.2008
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In their report entitled “Property and construction: when will the crisis end? ”, economic and risk industry experts from Euler Hermes, the world’s leading credit insurer, review the sector’s prospects both internationally and for France...

Euler Hermes creates Euler Hermes World Agency
15.04.2008
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Euler Hermes, the world’s leading credit insurer, opens its new subsidiary, Euler Hermes World Agency. Specifically created to meet the needs of multinational companies, Euler Hermes World Agency offers ...

Sector analysis: the world retail industry
13.03.2008
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In their report entitled "What are the strategies available for food distributors to protect their threatened margins?" economic and sector experts from Euler Hermes, the world’s leading credit insurer, review the status of the sector as well as its international outlook...



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