Euler Hermes Rating GmbH » News » Regulatory » Supervisory authorities confirm the high quality of Euler Hermes Rating

Supervisory authorities confirm the high quality of Euler Hermes Rating

As part of a comparative procedure, the supervisory authorities responsible for banks, insurance companies and pension funds in Europe – the ESMA, EBA and EIOPA – have reviewed the credit quality of ratings issued by the rating agencies registered in Europe. This review confirmed the high quality of Euler Hermes Rating. As far as the capital backing for investments rated by Euler Hermes Rating is concerned, this means that the same standards apply to banks, insurance companies and pension funds as to investments assessed by the world’s leading rating agencies.

> Press release EBA (PDF)