EULER HERMES


Associated tags: Allianz, Disease, Mortality, Euler Hermes, Insurance, Transport, Xi, Professional Services, Bank, Knowledge

Euler Hermes is now Allianz Trade

Retrieved on: 
Monday, March 28, 2022

PARIS, March 28, 2022 (GLOBE NEWSWIRE) -- Today marks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade a natural move as we have been fully part of the Allianz Group since 2018.

Key Points: 
  • PARIS, March 28, 2022 (GLOBE NEWSWIRE) -- Today marks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade a natural move as we have been fully part of the Allianz Group since 2018.
  • Changing our brand name to Allianz Trade means reinforcing our position as a global player.
  • Chris Townsend, member of the Board of Management of Allianz SE, adds: We are excited to see Euler Hermes become Allianz Trade and are convinced that the change will bring about many benefits in terms of awareness, business development, growth and innovation.
  • We predict trade and credit risk today, so companies can have confidence in tomorrow
    Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk.

Euler Hermes Report: Global Trade to Grow by +5.4% in 2022 Despite Supply-chain Disruptions

Retrieved on: 
Thursday, December 9, 2021

Nevertheless, the trade credit insurer expects trade growth to remain strong through 2022 and 2023, with some clear winners across regions and sectors.

Key Points: 
  • Nevertheless, the trade credit insurer expects trade growth to remain strong through 2022 and 2023, with some clear winners across regions and sectors.
  • After exceptionally strong performance since H2 2020, global trade of goods contracted in Q3, especially in advanced and emerging economies.
  • Despite the ongoing global supply-chain disruption, Euler Hermes finds no clear trend of reshoring or nearshoring of industrial activities so far.
  • Euler Hermes is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk.

Ana Boata Is Appointed Global Head of Economic Research of Euler Hermes Group

Retrieved on: 
Thursday, October 14, 2021

Ana Boata, previously Head of Macroeconomic Research, has been appointed Global Head of Economic Research of Euler Hermes Group starting September 1st, 2021.

Key Points: 
  • Ana Boata, previously Head of Macroeconomic Research, has been appointed Global Head of Economic Research of Euler Hermes Group starting September 1st, 2021.
  • The Economic Research Department of Euler Hermes is an essential and integral part of Allianz Research, the knowledge hub of the Allianz Group, said Ludovic Subran, Chief Economist of Euler Hermes and Allianz.
  • In 2019, she became Head of Macroeconomic Research of Euler Hermes Group and led our thematic research on SMEs.
  • Effective September 1, 2021, Ana Boata is Global Head of Economic Research of the Euler Hermes Group.

Euler Hermes announces key changes in their Board of Management and Regional Management teams

Retrieved on: 
Tuesday, May 25, 2021

PARIS, May 25, 2021 /PRNewswire/ -- Euler Hermes , the world's leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams.

Key Points: 
  • PARIS, May 25, 2021 /PRNewswire/ -- Euler Hermes , the world's leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams.
  • Anil Berry is appointed member of the Group Board of Management in charge of Market Management, Commercial and Distribution, effective June 21, 2021.
  • He joined Euler Hermes in 1997, holding Risk Underwriting, Account Management and Broker Distribution positions in the UK.
  • 1Solunion is a joint-venture between Euler Hermes and Mapfre, delivering trade credit insurance in Spain and Latin America.

Euler Hermes strengthens its asset management activity to drive its ambition for innovation and announces key organizational changes within its Transactional Cover (TCU) and Investment Solutions teams

Retrieved on: 
Monday, March 22, 2021

PARIS, March 22, 2021 /PRNewswire/ -- Euler Hermes, the world leader in trade credit insurance, has announced key organizational changes to its Transactional Cover (TCU) and Investment Solutions teams.

Key Points: 
  • PARIS, March 22, 2021 /PRNewswire/ -- Euler Hermes, the world leader in trade credit insurance, has announced key organizational changes to its Transactional Cover (TCU) and Investment Solutions teams.
  • To this end, Isabelle Girardet has been appointed Global Head of Investment Solutions & Director of TCU Strategy after ten years of leading the Transactional Cover Unit.
  • During this time, Isabelle also paved the way for innovation with the introduction of Investment Solutions in 2019.
  • "We are delighted to appoint Isabelle Girardet in a new role to focus on the growing private debt investment activity.

Euler Hermes appoints Peter Farrell as Managing Director of Excess of Loss

Retrieved on: 
Tuesday, January 26, 2021

BALTIMORE, Jan. 26, 2021 /PRNewswire/ -- Euler Hermes, the worldwide leader in trade credit insurance, announced today the appointment of Peter Farrell as Managing Director of Excess of Loss (XoL) for Euler Hermes Americas Region.

Key Points: 
  • BALTIMORE, Jan. 26, 2021 /PRNewswire/ -- Euler Hermes, the worldwide leader in trade credit insurance, announced today the appointment of Peter Farrell as Managing Director of Excess of Loss (XoL) for Euler Hermes Americas Region.
  • Peter joined Euler Hermes in 2013 as a member of the original team that pioneered the development of the company's first XoL product offering.
  • "I have every confidence that Peter and the team will carry forward the strong legacy of partnership and trust that your partners have come to expect from Euler Hermes."
  • Prior to joining Euler Hermes, Peter spent valuable years at Zurich North America, where he built expertise in credit risk underwriting for their Excess of Loss product.

Allianz Begins Eight-Year Worldwide Olympic & Paralympic Partnership

Retrieved on: 
Monday, January 11, 2021

Allianz SE, parent company of U.S.-based Allianz Life Insurance Company of North America ( Allianz Life ), Allianz Global Corporate & Specialty (AGCS), Allianz Partners and Euler Hermes , officially began its eight-year worldwide partnership with the Olympic and Paralympic Movements on Jan. 1, building on a collaboration with the Paralympic Movement that began in 2006.

Key Points: 
  • Allianz SE, parent company of U.S.-based Allianz Life Insurance Company of North America ( Allianz Life ), Allianz Global Corporate & Specialty (AGCS), Allianz Partners and Euler Hermes , officially began its eight-year worldwide partnership with the Olympic and Paralympic Movements on Jan. 1, building on a collaboration with the Paralympic Movement that began in 2006.
  • As the Worldwide Insurance Partner of the International Olympic Committee and International Paralympic Committee, Allianz companies around the world, including in the United States, are now supporting the athletes, teams, volunteers and fans that are part of the Olympic and Paralympic Movements.
  • Allianz is proud to be the Worldwide Insurance Partner of the Olympic and Paralympic Movements, said Oliver Bte, Chief Executive Officer of Allianz SE.
  • This is an exciting day for Allianz across the globe as this partnership with the Olympic and Paralympic Movements establishes Allianz as one of just 15 current worldwide partners, said Walter White, president and CEO, Allianz Life.

Euler Hermes Group announces CEO leadership change

Retrieved on: 
Thursday, October 1, 2020

He will continue to serve Euler Hermes Group as an advisor to the new CEO through2021.

Key Points: 
  • He will continue to serve Euler Hermes Group as an advisor to the new CEO through2021.
  • He will also retain board positions in Euler Hermes SA, Euler Hermes North America, Solunion and Euler Hermes Reinsurance AG.
  • I am honored to accept this position as Euler Hermes Group CEO.
  • Wilfried Verstraete, CEO and Chairman of the Board of Management of Euler Hermes Group:
    "It has been a real privilege to serve my teams and our clients as the CEO of Euler Hermes.

Euler Hermes appoints Florence Lecoutre as Member of Board of Management

Retrieved on: 
Thursday, September 10, 2020

PARIS, Sept. 10, 2020 /PRNewswire/ --Euler Hermes, the worldwide leader in trade credit insurance, today announces the appointment of Florence Lecoutre, currently Group Head of Human Resources, as Member of Board of Management, succeeding to Virginie Fauvel who is leaving the company to undertake new challenges.

Key Points: 
  • PARIS, Sept. 10, 2020 /PRNewswire/ --Euler Hermes, the worldwide leader in trade credit insurance, today announces the appointment of Florence Lecoutre, currently Group Head of Human Resources, as Member of Board of Management, succeeding to Virginie Fauvel who is leaving the company to undertake new challenges.
  • She joined Euler Hermes in 1997 in London before heading the company's IT departments in Belgium and France.
  • It is with great pleasure that I welcome Florence to the Euler Hermes Board of Management.
  • Headquartered in Paris, Euler Hermes is present in 50+ countries with 5,800 employees.

Report Finds A Strong Economic Recovery Relies on Safe and Continued Trade Supported by Credit Terms

Retrieved on: 
Friday, July 10, 2020

That purpose, we believe, is to provide an additional layer of economic security to the businesses that rely on credit insurance.

Key Points: 
  • That purpose, we believe, is to provide an additional layer of economic security to the businesses that rely on credit insurance.
  • The Role of Trade Credit Insurance in the U.S. Economy
    In the U.S., companies rely on trade credit insurance, which covers non-payment of accounts receivable, to support their trading operations.
  • Euler Hermesis the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk.
  • Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit.