1, rue Euler
Paris
France
www.eulergroup.com
No. employees: 6,200
Turnover: 2,792.13 (US$m)
Financial year end: December
Company Overview
Euler Hermes S.A. (Euler) is one of the major players in credit insurance and is one of the leading companies in the areas of bonding, guarantees, and collections. The company is owned by the AGF group, which in turn is 100% owned by the Allianz group. Euler is engaged in providing credit insurance and financial solution services for trade receivables management. The company’s principal activities include credit insurance, risk assessment, trade debt collection, financing of trade receivables, compensation of losses due to buyer’s insolvency, bonding, evaluating trade receivables portfolios, and fidelity insurance. Its operations are spread across five continents and in 50 countries through its subsidiaries namely, Euler Hermes Kreditversicherung (Germany), Euler Hermes Credit Insurance (Belgium), Euler Hermes SFAC (France), Euler Hermes ACI (United States), Euler Hermes SIAC (Italy), Euler Hermes Kredietverzekering (Netherlands), Euler Hermes UK, and Euler Hermes World Agency, among others. The company is headquartered at Paris, France.