Euler Hermes, a merger of the French Euler Group with Hermes Kreditversicherungs-AG unde the roof of Allianz AG, has representative offices in 45 countries worldwide.
In the largest national economies of Europe, the company is absolute market leader.
Holding a share of 34 per cent, Euler Hermes is the leading credit insurer worldwide and an important partner for industry.
In Germany, the Euler Hermes Kreditversicherungs-AG, for which about 2.060 employees worked in 2005, was founded in 1917 and has grown since then continuously. In the year 2005, gross turnover sales of 694 million Euros were generated. The company is exclusively dealing with corporate client business with its products trade credit insurance, fidelity insurance and bonds & guarantees as well as – through a subsidiary – with debt collection. Furthermore, Euler Hermes processes as consortium leader export credit guarantees issued by the Federal Republic of Germany known as “Hermes Cover”.Euler Hermes