Euler Hermes (Public - EPA:ELE) is a global credit insurance company that also offers a large range of bonding, guarantees and collections services for the management of business-to-business trade receivables. Its credit intelligence network analyzes the financial stability of 40+ million businesses worldwide.
A subsidiary of Allianz SE, Euler Hermes is listed on ELE.PA and is rated AA- by Standard & Poor's. The Group posted a consolidated turnover of €2.4 billion in 2012. Euler Hermes employs 6,000+ employees in over 50 countries
Euler Hermes SA (Headquarters) is a France-based credit insurance company. It offers a range of services, including loan assurance, risk assessment, trade debt collection, compensation of losses due to buyer insolvency, bonding and guarantees for companies, reinsurance of loans to individuals and fidelity insurance covering companies against financial loss caused by fraudulent acts. It operates a number of subsidiaries, including Euler Hermes SFAC, Euler Hermes ACI Holding Inc., Euler Hermes Reinsurance AG, among others. On January 1, 2012, the Company completed the simplification of its legal structure in Europe by grouping 13 of its former subsidiaries into one insurance company, Euler Hermes Europe, located in Brussels.