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Description
Hermes, the French fashion brand, early in order to create a well-known senior horses in Paris, France, and after the introduction of the bags, clothing, scarves, perfume, enamel, jewelry and household goods, make the brand more comprehensive diversity. hermes is also the ancient Greeks called Mercury.
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- 8/7/2010
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Document Sample
Euler Hermes
Supporting companies’ profitable business all over the
world
1
Euler Hermes in 2008
Our bisuness
Mission and Vision
Euler Hermes in Russia
Mission – is to help companies grow their business
worldwide through secured and optimised trade
receivables management.
Our philosophy – is to know our clients’ buyers as
best as we can, thus getting an impression of their
business and assessing the market they are active in.
Our task – is the analysis of the financial position of
our clients’ buyers and the specification of insurance
conditions.
2
Euler Hermes in 2008
Agenda
1 Who we are
2 Our product offer
3
Euler Hermes in 2008
Shareholding (March 2007)
Public
100% 97%
28.47 %
68.39%
Reinsurance treaty
3.14%
4
Euler Hermes in 2008
Key Figures 2007
• 2.099,4 million euros consolidated • 40 million companies monitored
turnover in 2007 in the risk databases
•56,000 clients worldwide •22,000 credit limit requests per day
•800 billion euros of business •In average, 80% of requests are
transactions protected worldwide processed in 48h or less
…
…
• Presence in 51 countries No. 1 worldwide in credit insurance,
•6.004 employees worldwide 36% global market share
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Euler Hermes in 2008
Euler Hermes Global Presence
Euler Hermes presence
Présence d’Euler Hermes
6
Euler Hermes in 2008
Our Business
We insure the payment
of trade receivables
Our Business
Our Business
We offer an
We help businesses insurance policy including
to select three services:
the right customers and Risk prevention
move safely into new markets Debt collection
Claims payment
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Euler Hermes in 2008
Agenda
1 Who we are
2 Our product offer
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Euler Hermes in 2008
Insurance object
delivieries of goods / services
We insure outstanding receivables of your Buyer
Supplier / in case of non-payment and insolvency
Policyholder Buyer
performed on payment terms
9
Euler Hermes in 2008
Trade Credit Insurance
Trade
Credit Credits
company
Insurance
Vendor 1 company
company
company
company
The credit insurance
transfers the credit risk
of the whole portfolio
from your vendor to Portfolio of all trade credits
Euler Hermes.
10
Euler Hermes in 2008
Confidential information
Only a credit
limit is reported
to the vendor.
company
Vendor 1 company
company
company
company
The information given
to Euler Hermes are
strictly confidential
and only go to Euler
Hermes.
11
Euler Hermes in 2008
Insurance periods
Credit Period for Waiting Period for Indemnity
period notification period claim
Maximum terms During 30 days During 180 During 30 days 80% of loss for
of payment 120 in case non- days Domestic
days. payment Debt collection Deductible 20%
and subsequent of loss for
preparation Domestic
claims
supporting
documents
12
Euler Hermes in 2008
Credit limit
Euro
Credit Limit
Standard case
Outstanding receivables
Time
Euro
Credit Limit
Increase of Credit Limit
Outstanding receivables
Policyholder Time
Euro
Decrease of Credit Limit Credit Limit
Outstanding receivables
Time
Euro
Credit Limit
Outstanding receivables
Cancellation of Credit Limit for future deliveries
Time
13
Euler Hermes in 2008
Information base EH > 40 mio. companies
EULER HERMES-WORLD
EH branches analysis
4
Sales staff
Internal
Information from Policyholder
resource
Information from Buyers of Policyholder
Information agencies
3
Information Rating agencies
Collecting agencies
agencies
2 International ICISA – Partners
Financial Institutes
Organization Non-commercial organization
Internet
External ТV/Radio
1
resource Business reports
Press releases
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Euler Hermes in 2008
Credit analysis
Level 1 Level 2 Level 3 Level 4
Collecting of Analysis of «Rating» Setting of credit
Information Information limit
Data base Credit
> 40 mill. Grading
companies Limit
Credit Risk Manager
15
Euler Hermes in 2008
Credit analysis
Level 1 Level 2 Level 3 Level 4
Documents Limit Time
Financial statements Sum of confirmed limits Credit analysis < 48 hours
General information about
> 60%
company
The information given to Euler Hermes are
strictly confidential and only go to Euler
Hermes.
16
Euler Hermes in 2008
Additional insurance services
delivery of goods / services
performed on payment terms
Supplier / Euler Hermes
Policyholder checks, Buyer
monitors,
warns collects and
indemnifies
?
payment-
?? difficulties
17
Euler Hermes in 2008
Euler Hermes Credit Management Ltd.
Krymskiy Val. 3/2, Office 210, Moscow, 119 049
Tel.: +7 495 649 80 08
Fax: + 7 495 627 73 08
Email: info.ru@eulerhermes.com
Web: www.eulerhermes.ru
Euler Hermes
Business insured. Success ensured.
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Euler Hermes in 2008
