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State export credit guarantees (so-called Hermes Cover) have been protecting exporters and .The system of Hermes covers was originally introduced in 1949 for cases where firms could find no private insurance and has become a pillar of Germany's export industry. Today, Hermes guarantees enable exporters to cover themselves against economic risks (customer risks) and political risks (country risks). The federal guarantee is necessary because it is not possible to obtain adequate cover from private insurers, particularly against political risks for exports to non-Euler Hermes Deutschland, the biggest branch office of the world’s leading credit insurer Euler .
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Today marks a new chapter in our story: Euler Hermes, the world leader in .
For more than 70 years, the Export Credit Guarantees of the Federal Republic of Germany .Learn how Allianz Trade is still the Euler Hermes you’ve always depended on for world-class .
Today marks a new chapter in our story: Euler Hermes, the world leader in .Export Credit Guarantees (so-called Hermes Cover) protect German exporters and banks financing exports against political and commercial risks. Untied Loan Guarantees are to support raw material projects abroad regarded as eligible .
Credit insurance provided by state bodies and agencies. In Germany, Euler Hermes .If a bank finances the export transaction under a buyer credit, it can protect itself against the .A Hermes cover (Hermesdeckung in German) is an export credit guarantee (ECG) by the German Federal Government. These guarantees are an important part of German foreign trade policy and protect German companies in the event of non-payment by foreign debtors.State export credit guarantees (so-called Hermes Cover) have been protecting exporters and banks from the risk of commercial and political payment defaults since 1949 as an instrument for promoting foreign trade.
Euler Hermes Deutschland, the biggest branch office of the world’s leading credit insurer Euler Hermes, will be 100 years old tomorrow. The company which started out in Berlin as Hermes Kreditversicherungsbank AG on 7 October 1917 has grown, as a member of the Allianz Group, to be the Number One worldwide in credit insurance and German market .For more than 70 years, the Export Credit Guarantees of the Federal Republic of Germany have supported and assisted German Exporters and the banks that fund their business in their foreign activities. Over the past years and decades, the so-called Hermes Cover has become a central instrument of German foreign trade promotion.Export Credit Guarantees (so-called Hermes Cover) protect German exporters and banks financing exports against political and commercial risks. Untied Loan Guarantees are to support raw material projects abroad regarded as eligible for promotion by the Federal Government.Credit insurance provided by state bodies and agencies. In Germany, Euler Hermes Aktiengesellschaft has the task of providing state export credit insurance by order and for account of the Federal Republic of Germany. German export credit guarantees are referred to as Hermesdeckungen (Hermes cover).
Learn how Allianz Trade is still the Euler Hermes you’ve always depended on for world-class trade credit insurance, surety solutions and economic insights.If a bank finances the export transaction under a buyer credit, it can protect itself against the risk of non-payment with Hermes Cover (buyer credit guarantee). 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. Confidently stepping into tomorrow, staying true to who we are.Export Credit Guarantees With export credit guarantees, also known as Hermes Cover, the German Federal Government supports export transactions in particular in difficult and high-risk markets..
A Hermes cover (Hermesdeckung in German) is an export credit guarantee (ECG) by the German Federal Government. These guarantees are an important part of German foreign trade policy and protect German companies in the event of non-payment by foreign debtors.
State export credit guarantees (so-called Hermes Cover) have been protecting exporters and banks from the risk of commercial and political payment defaults since 1949 as an instrument for promoting foreign trade.Euler Hermes Deutschland, the biggest branch office of the world’s leading credit insurer Euler Hermes, will be 100 years old tomorrow. The company which started out in Berlin as Hermes Kreditversicherungsbank AG on 7 October 1917 has grown, as a member of the Allianz Group, to be the Number One worldwide in credit insurance and German market .
For more than 70 years, the Export Credit Guarantees of the Federal Republic of Germany have supported and assisted German Exporters and the banks that fund their business in their foreign activities. Over the past years and decades, the so-called Hermes Cover has become a central instrument of German foreign trade promotion.Export Credit Guarantees (so-called Hermes Cover) protect German exporters and banks financing exports against political and commercial risks. Untied Loan Guarantees are to support raw material projects abroad regarded as eligible for promotion by the Federal Government.Credit insurance provided by state bodies and agencies. In Germany, Euler Hermes Aktiengesellschaft has the task of providing state export credit insurance by order and for account of the Federal Republic of Germany. German export credit guarantees are referred to as Hermesdeckungen (Hermes cover).Learn how Allianz Trade is still the Euler Hermes you’ve always depended on for world-class trade credit insurance, surety solutions and economic insights.
If a bank finances the export transaction under a buyer credit, it can protect itself against the risk of non-payment with Hermes Cover (buyer credit guarantee). 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. Confidently stepping into tomorrow, staying true to who we are.
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