Global bankruptcies are still on the rise, implying higher export risks: this is the conclusion of the latest Global Insolvency Report by Euler Hermes, which covers 44 countries and 87% of global GDP and provides the last update of its Global Insolvency Index. Business insolvencies increased by +9% in 2019, mainly due to a prolonged surge in China (+20%) and, to a lesser extent, a trend reversal in Western Europe (+2%) and North America (+3%).
Euler Hermes, world leader in credit insurance, is pleased to announce its partnership with Moment, an invoice-based insurance platform against late payment, enabling small businesses to be paid on due date.
Euler Hermes, the world leader in credit insurance solutions, announces three appointments in its Economic Research department.
The COP25 summit is likely to be a catalyst for intensifying climate change regulation: we calculate a total impact on global industry of nearly USD 2.5tn over the next ten years.
Global trade could grow at its slowest pace in a decade in 2019 (+1.5%). There is no hope for sizable improvement in 2020 (+1.7%). Amid rising protectionism, watch out for trade diversion and “phantom trade” in 2020.
Our new “SMЕ Business Climate Index” (SMEB) assesses the business environment for SMEs in 13 selected economies. It is based on six components that SMEs have identified as having a crucial impact on their businesses: red tape, tax policy, labor market flexibility, financing, export opportunities and competition
Euler Hermes Rating GmbH, the registered credit rating agency (CRA), today publishes the Belgian and Dutch TRIBRating methodologies, a rating approach specifically designed for SMEs and MidCaps.
Rising costs are the greatest challenge facing small businesses around the world, according to the latest Global Business Monitor study from global SME partner, Bibby Financial Services (BFS) and global leader in trade credit insurance Euler Hermes.
Euler Hermes’ new study on European SMEs and midcaps identifies three indicators that can provide warning signs before a bankruptcy: profitability, capitalization and the interest coverage ratio. Most insolvencies do not come as a surprise. Euler Hermes’ research also shows companies experience three phases of distress before facing an acute insolvency risk: a strategy crisis, a profitability crisis and then a solvency crisis.