Euler Hermes Rating GmbH » COMPANY HISTORY

COMPANY HISTORY

100 years of experience in evaluating corporate risks validated with an external rating approach targeted at future requirements.

“QUALITÉ OBLIGE”

The Euler Hermes name stands for market-leading intelligence and more than 100 years of experience in evaluating company and sector risks and economic trends. Our rating methodology has been developed and validated on the basis of this broad knowledge base.

Euler Hermes Rating GmbH was established in 2001 in Hamburg as an independent and separate rating agency for upper mid-size companies. Since then, we have been undergoing a continuous process of enhancing and improving our rating systems in order to live up to our own high standards as a quality leader.

KNOWLEDGE CREATES A LEAD

Our future-oriented rating approach has proven itself during the financial market crisis. With our above-average forecast quality and the validity of our ratings, we have been able to shield our investor network from substantial losses.

As early as in 2010 we satisfied the strict rules which became binding on all rating agencies in Europe in 2011. On 16 November 2010, we became the first credit rating agency in Europe to obtain EU registration. This was followed in 2011 by our accreditation as an external credit assessment institution (ECAI).

UNDERSTANDING THE PRESENT, SEEING THE FUTURE

Today, we, Euler Hermes Rating GmbH, are an independent European rating agency with an identity of our own. Our market reputation is growing all the time thanks to the credibility of and the high degree of confidence in our rating analyses.

Looking forward, we want to continue making use of our knowledge lead to continue writing successful business history in line with the tradition of honourable Hamburg merchants.