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Euler Hermes Media Center

Our staff are regularly interviewed regarding the current economic climate as it pertains to trade credit insurance.
CFOs Rethinking Risk Amid COVID-19

Jun 23, 2020

CFOs Rethinking Risk Amid COVID-19
According to a survey released today by Euler Hermes Americas, the world’s largest trade credit insurer, 93% of CFOs and their direct reports say their organization has been impacted by COVID-19, with 50% making significant cuts to staff, 40% reporting major cash-flow disruptions, and 33% making significant changes to their business models. The CFO Pulse survey was distributed to 250 U.S. CFOs and their direct reports to assess how their risk appetite has been altered by COVID-19, and to better understand how top concerns have changed since the second annual “Risky Business” survey was conducted in late 2019.
Read the Press Release

Euler Hermes in the News

Where things stand on extending the weekly $600 federal unemployment bonus past July

A staggering 42.6 million Americans have filed for unemployment benefits since the shutdowns started. Right now those out-of-work Americans on state unemployment rolls are receiving an additional $600 per week in unemployment insurance (UI).

Forecast survey: Fed seen as keeping rates at rock bottom through yield-curve control

The Federal Reserve is seen as increasingly likely to keep interest rates at near-zero percent until 2023 or beyond and will find new ways to keep borrowing costs at rock-bottom levels.

The Unemployment Rate, Explained – and Why the Coronavirus Crisis has Caused it to Skyrocket

If there’s anything you have in common with an economist, it’s that you both care how many people in the U.S. have a job.

States Formed Pacts to Reopen Together. Will They Last?

The regional alliances that governors formed last month to coordinate the process of reopening from stay-at-home orders are facing their first big test, as some states in the pacts begin to move forward with plans to restart their economies while others are holding back until there are more signs the coronavirus is under control.

ADP: More Than 20 Million People Lost Their Jobs in April

A new labor market analysis suggests employment in the U.S. dropped by more than 20 million positions in April – and even that estimate may undershoot the full extent of America's unemployment crisis.

 

February's job report paints a rosy picture of the economy — that is way out of date

February’s robust jobs report showed an economy that seemed to be picking up steam — but more recent data pointing to an imminent slowdown continues to accumulate.

Looking Forward in 2020

In what's become an annual tradition at NCMM, Dan North, Euler Hermes' chief economist for North America, joins Thomas A. Stewart and Doug Farren to talk about what middle market executives can expect in the year to come.
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Media Contact

Alix McCabe

Phone: 410-753-0596

Email: Alix.Mccabe@eulerhermes.com