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Allianz Trade

Global corporate business research publisher — not a news outlet

Owned byFully owned subsidiary of Allianz SE, a German multinational financial services corporation headquartered in Munich; Allianz completed its full acquisition of the company (then called Euler Hermes) in 2018
FundingFunded through Allianz SE's broader insurance and financial services revenues; economic research and country risk reports are published as client services and corporate thought leadership, not through advertising, subscriptions, or journalism-based revenue models
On the administrationmostly neutral

Background

Allianz Trade's roots reach back to several companies founded in the late 19th and early 20th centuries: ACI in the United States (1883), Hermes Kreditversicherungsbank in Germany (1917), Trade Indemnity in the United Kingdom (1918), and SFAC in France (1927). These entities gradually consolidated through a series of acquisitions during the 1990s. The French company Euler listed on the Paris Stock Exchange in 2000 and acquired Hermes in 2002; the combined group adopted the Euler Hermes name in 2003, becoming the world's largest trade credit insurer. Allianz SE progressively increased its stake over the following years and in 2018 completed a full buyout, making Euler Hermes a wholly owned subsidiary. On March 28, 2022, the company rebranded globally as Allianz Trade. It now operates in more than 50 countries with roughly 5,500 employees. Its economic research team publishes flagship annual reports — including the Country Risk Atlas (covering 83 countries representing about 94% of global GDP) and a Global Economic Outlook — and its analysts are regularly quoted in mainstream business media. On the Trump administration's 2025 tariff regime, Allianz Trade research documented that nearly 60% of surveyed firms anticipated negative impacts from the April 2025 'Liberation Day' tariffs, framing this in terms of business risk rather than political commentary.

Sources

  1. Allianz Trade — Wikipedia
  2. Euler Hermes is now Allianz Trade
  3. Who is Allianz Trade — Our Strategy
  4. Allianz Trade Economic Research
  5. Allianz Trade Global Survey 2025: Trade war, trade deals and their impacts on companies
  6. US Tariffs: Understanding a new trading landscape — Allianz
  7. Allianz Trade Country Risk Atlas 2026

Profile compiled 2026-07-28; refreshed when ownership, funding, or the administration changes.

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