Euler Hermes, the world’s leading trade-credit insurer with a market share of 34%, helps companies worldwide to develop their business safely. Unrivalled in its financial solidity, risk analysis and integrated global structure, the Group provides companies of all sizes with the complete range of financial services and support they need to successfully manage their B-to-B cash & trade receivables. Euler Hermes offers credit insurance, surety bonding and guarantees, and trade debt collection. Its proprietary intelligence network tracks and analyses daily changes in corporate solvency among small, medium and multinational companies, which are active in markets representing 92% of global GDP. Euler Hermes is a subsidiary of Allianz and is listed on the Euronext Paris stock exchange (ELE.PA). The company employs more than 5,800 people in over 50 countries, and is headquartered in Paris, France.
For more than 100 years, Euler Hermes has expanded organically and through acquisitions to become the world’s largest credit insurer. After the acquisition by the French company Euler of the German credit insurance group Hermes from Allianz in July 2002, the Euler Hermes group harmonized its business processes and became an integrated group. As an example, all Euler Hermes entities share the same integrated global risk database.
Highlights in 2016 / 2017
-Euler Hermes posted a consolidated turnover of €2.6 billion in 2016 and insured global business transactions for €883 billion
-Rated AA- by Standard & Poor’s and Aa3 by Moody’s as of October 2017
-Launch of the EH Sync Broker portal, an advanced mobile-ready digital interface, to support key business partners
-Launch of “Euler Hermes Energy” in the US, which provides energy industry credit support and risk management solutions
-Solunion, the Euler Hermes and MAPFRE joint venture, launches operation in Costa Rica and Dominican Republic
Rewards & Anniversaries:
-10th anniversary of Euler Hermes World Agency, the tailor-made, world-class credit risk management solutions to global businesses
-Euler Hermes is named best export credit agency 2016 by the industry publication Global Trade Review
Board of Management of Euler Hermes Group
Wilfried Verstraete (Chairman), Frédéric Bizière, Clarisse Kopff, Paul Overeem, Michele Pignotti, Ludovic Sénécaut.
1, place des Saisons
92048 Paris-La-Défense Cedex
Phone +33 (0)1 8411 5050
Fax +33 (0)1 8411 5017
Contact person: Isabelle Nguyen