Hermes Cover - Management of The Scheme

Management of The Scheme

The management of the guarantees is in the hands of Euler Hermes Kreditversicherungs-AG (which is the lead) and PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprüfungsgesellschaft. Decisions on matters of principle and the underwriting of large export transactions are made by an inter-ministerial committee comprising representatives not only of the German Federal Ministry of Economics and Technology but also of the Federal Ministry of Finance, the German Foreign Office and the Federal Ministry for Economic Cooperation and Development.

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