Country Reports Sector Risks Sector Risk Map Sector Reports thematic research Insolvency & Payment Trade Economic Outlook Periscope - The Chief Economist Blog About economic research Our Methodology COUNTRY RISK MAP Euler Hermes monitors country risks in 241 countries and territories Our ratings aim to assess the risk of non-payment by companies in a given country, and thereby support our clients in making informed decisions about their international business activity. Our methodology consists of analyzing hundreds of economic indicators, both quantitative and qualitative, to provide the best understanding of the economic, political, business environment, commercial and financing risks. > Download the Country Risk Map Q2 2017 (pdf) > Download the Country Risk Ratings Q2 2017 (pdf)

Contact Us | English English Français Group Products & Solutions Economic Research Investors Media & News Careers Investor news & calendar Key Figures Financial documents Share & Dividend Share price 2017 Shareholders' Meeting How to become a Euler Hermes Group Shareholder? INVESTOR RELATIONS LATEST DOCUMENTS 2017 H1 Financial Results › Press release › Analysts presentation › Consolidated statements › Webcast 2016 Registration Document › 2016 Registration Document › All financial press releases Key figures 2016 TURNOVER €2,570 million, up 0.3% y/y at actual rates and constant scope NET COMBINED RATIO 79.8% NET INCOME €287.0 million Rating Standard & Poors DAGONG

Contact Us | English English Français Group Products & Solutions Economic Research Investors Media & News Careers Credit Insurance Online Services Bonding Fraud Cover Debt Collection Collection practices per country Multinational companies World Program Excess of Loss (XoL) Transactional Cover Online Services Multinational Companies Euler Hermes World Agency is a team of experts who deliver tailor-made, world-class credit risk management solutions to global businesses. It supports multinationals that have expanding operations around the world, and who require the highest levels of risk coverage/capacity alongside real-time risk management information and intelligence. It is designed for those that demand local delivery but also want to benefit from economies of scale, enjoying the support of a strong and stable AA- rated partner. Our Solutions for Multinationals › World Program Tailor made solution for multinationals with business units in two or more countries and a turnover in excess of €500 million. › Transactional Cover Solutions relating to political risk, mid-term policies (up to 8 years), structured deals or single transactions. › Excess of Loss Designed for multinationals with strong and mature credit management practices who can absorb a greater level or risk share. YOUR WORLD, OUR WORLD download brochure YOUR WORLD, OUR GLOBAL REACH