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Is Euler Hermes related to Hermes?
THe holding “Compagnie Fincière SFAC” was renamed Euler. From 2000, Euler got listed on the Paris Stock Exchange. Two years later in 2002, Euler acquired Hermes, the German market leader in trade credit insurance. Then in 2003, the Group and all its subsidiaries became Euler Hermes.
What does Euler Hermes do?
Euler Hermes is the provider of trade credit insurance solutions, also known as accounts receivable insurance. We offer both domestic and export credit insurance policies that protect clients against commercial and politcal risk in more than 200 countries worldwide.
What is Eolis?
EOLIS is an on-line system designed to help Euler Hermes customers manage and administer their credit insurance policies easily and efficiently. This guide is designed to help you to become familiar with EOLIS and contains information about: logging in for the first time. navigation and general usage.
When did Allianz acquire Euler Hermes?
2018
In 2018, Allianz Group successfully completed the acquisition of Euler Hermes’s outstanding shares. Euler hermes Group is now fully owned by the Allianz Group and is continuously investing to reinvent trade finance. On 28 March 2022, Euler Hermes changed its brand name to Allianz Trade.
Does Allianz own Euler Hermes?
Trade credit insurer Euler Hermes, an Allianz SE company since 2018, has rebranded to Allianz Trade. Euler Hermes, a 100-year-strong company which boasts in-depth knowledge of markets and economic cycles, has formally changed its brand name to Allianz Trade.
What is Euler Hermes Rating?
A.M. Best Company has reaffirmed the financial strength rating of A+ (Superior) and issuer credit ratings of “aa-” for Euler Hermes North America Insurance Company. The outlook for both ratings is stable.
Who bought Euler Hermes?
Allianz Trade
Global insurance carrier Allianz has renamed trade credit insurer, Euler Hermes to Allianz Trade, effective immediately. Allianz Group purchased the trade credit specialist in 2018. The company said: “We are the world leader in trade credit insurance, operate in 52 countries and count over 5,500 employees.