Euler Hermes is a French credit insurance company majority-owned by Allianz France which is in turn owned by Germany's Allianz SE.
It claims to have 34% (2011) of the total credit insurance market. Euler Hermes is the result of the acquisition of Allianz's Hermes by AGF's Euler in 2002. As of July 2007, Allianz (through AGF) held 68% of Euler Hermes' shares, with other shareholders (including Swiss Re) holding the remainder.
Read more about Euler Hermes: Euler Hermes in North America, Operations
Famous quotes containing the word hermes:
“Antiquity breached mortality with myths.
Narcissus is vocabulary. Hermes decorates
A cornice on the Third National Bank.”
—Allen Tate (1899–1979)