Press archive 2007 of Euler Hermes Kreditversicherungs-AG
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    Insolvencies: improvement stalls in 2008

    03.12.2007
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    The number of bankruptcies decrease in 2007. Improvement stalls in 2008


    Insolvency: Private equity the white knight?

    22.11.2007
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    The right employees, the timing for lodging the application and the receipt of insolvency money - these are the decisive factors for ensuring the rescue of insolvent companies according to German insolvency administrators. They are also pinning their hopes to private equity investors to bridge the liquidity shortfalls caused by overly risk-averse banks in their relations with small and mid-size enterprise.


    Agreement with employee representatives

    16.10.2007
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    Company management of Euler Hermes and employee representatives agreed in a reconciliation of interests and a new social plan.


    Euler Hermes celebrates its 90th jubilee

    04.10.2007
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    The history of commercial credit insurance started with the foundation of Hermes Kreditversicherungsbank AG in 1917. Today the Euler Hermes Group is the international number one.


    Agreement upon branch offices

    12.09.2007
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    Euler Hermes: Management and Works Council reached an agreement upon closure of certain branch offices.


    Very satisfactory first-half performance for Euler Hermes

    27.07.2007
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    Very satisfactory first-half 2007. Turnover: + 4.6% to €1,052 million. Net income, group share: + 36% to €231 million.


    Economic situation: easing of tension

    11.06.2007
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    Bankruptcies in Germany will decrease in 2007.Opposite of this many european countries will schedule a light increase of company crashes.


    White collar crime stagnates on a high level

    07.06.2007
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    According to Euler Hermes estimate there will be approx. 1.1 million cases of fraud, employee dishonesty and embezzlement in Germany in 2007.


    Euler Hermes opens office in Dubai

    30.05.2007
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    Euler Hermes has opened an office in Dubai in cooperation with its local partner Alliance Insurance.


    Euler Hermes awards price for the best financial communication

    14.05.2007
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    Euler Hermes awards the first time the price for "Best Financial Communication" for small and medium-sized companies.


    Turnover boosts in 2006

    11.05.2007
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    Insurance turnover of Euler Hermes Kreditversicherungs-AG increased by 1.1% to 601.6 Mio. Euro in 2006.


    Advanced cover for large companies

    04.04.2007
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    Euler Hermes supplements the credit insurance cover with the "XL Policy".


    Euler Hermes presents new policy for small and medium-sized businesses

    04.04.2007
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    The new policy WKV-M gives small and medium-sized companies a flexible and reasonably priced cover against bad debt losses.


    Euler Hermes sets foot in Israel

    08.03.2007
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    Euler Hermes acquires one third of the capital of Israel's leading credit insurance provider ICIC.


    Euler Hermes results 2006

    16.02.2007
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    Euler Hermes 2006 net profits up 14% at 326 million euros and the report of the management board 2006.


    Award for best financial communication

    18.01.2007
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    Euler Hermes Kreditversicherungs-AG launches award for best financial communication for small and medium-sized companies.


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