Tag: Euler Hermes
“We don’t see a wave of bankruptcies, but a normalization”
Munich, Frankfurt These are figures that are frightening at first glance: there are said to be 16 percent more insolvencies this year, with a nominal impact of 17,000 companies. In…
Munich Re: Younger, more diverse, more female
Clarisse headf Kopff will be responsible for Europe and Latin America in the future. (Photo: Alliance) Munich At the turn of the year, the Munich Re Board of Management underwent…
Munich Re: Younger, more diverse, more female
Clarisse headf Kopff will be responsible for Europe and Latin America in the future. (Photo: Alliance) Munich At the turn of the year, the Munich Re Board of Management underwent…
Allianz again exceeds expectations – “Results show strength”, says CEO Bäte
Munich Allianz again exceeded analysts’ expectations in the third quarter. Europe’s largest insurer achieved an operating profit of 3.5 billion euros in the months from July to September. Allianz reported…
Allianz exceeds profit expectations – forecast confirmed
Munich Allianz exceeded analysts’ expectations in the second quarter. In the months from April to the end of June, Europe’s largest insurer achieved an operating profit of 3.5 billion euros.…
World trade under pressure from two sides
Hamburg According to German exporters, the Ukraine war has once again significantly exacerbated problems such as delivery bottlenecks or high energy and transport costs. Nevertheless, many companies continue to expect…
Allianz boss Oliver Bäte earns more despite the US debacle
Frankfurt, Munich Despite billions in write-offs for the legal disputes in the USA, Allianz boss Oliver Bäte received remuneration of 6.91 million euros last year, nine percent more than in…
Federal government deletes Hermes guarantees
Export port of Hamburg The federal government is canceling the loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for…
Business in Russia: the federal government removes Hermes guarantees
Export port of Hamburg The federal government is canceling the loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for…
Business in Russia: the federal government removes Hermes guarantees
Export port of Hamburg Federal government removes loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for German companies to…
The voice as fraud: Deepfakes endanger companies
Deep fake scam Audio recordings can be faked with various AI software. (Photo: dpa) Dusseldorf It was an unusual WhatsApp message that reached Telekom managers in South America a few…
That’s how difficult the turning point is for small car suppliers
Dusseldorf Klaus-Dieter Frers gives everything to save his life’s work. The automotive supplier Paragon, which he founded 34 years ago in Delbrück, has its back to the wall financially. At…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: The “Global Dream” sets new standards in the cruise industry. The…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: The “Global Dream” sets new standards in the cruise industry. The…
MV Werften file for bankruptcy
Berlin It is the largest cruise ship in the world and the largest passenger ship ever built in Germany: “Global Class 1” sets new standards in the cruise industry. The…
Lira crash: German economy records slump in exports
Istanbul The fall of the Turkish lira hits the German economy. “The further decline in the price of the Turkish lira is making it more and more difficult for German…
German credit insurers expect more company bankruptcies in 2022
Frankfurt The German credit insurers see the further economic development threatened by numerous risks. They therefore expect the number of corporate bankruptcies in Germany to rise again for the first…
Cyber security: Risk of hackers – Cyber policies are becoming more and more expensive
Frankfurt, Paris The digital attack was aimed at one of the leading German retail groups: hackers broke into the IT systems of Media Markt and Saturn, the largest chain of…
Why rising energy prices are becoming a growth risk
Containers on the road The economic research institutes warn of risks to the economic recovery. (Photo: dpa) Berlin While supply bottlenecks should only temporarily dampen the upswing in the German…
The chip crisis has a greater impact on car suppliers than car manufacturers
Suppliers in crisis The mixture of transformation, missing chips and rising raw material prices is particularly affecting automotive suppliers. (Photo: dpa) Dusseldorf For many automotive suppliers in Germany, it is…