In order to expand its presence in the Chinese market the Euler Hermes Group has entered into a cooperation agreement with China’s leading Export and Credit Corporation, SINOSURE. The cooperation agreement was signed on 4 February 2004. SINOSURE is China’s official export credit insurance agency offering export credit as well as credit insurance to the domestic market.
“We are very pleased to have signed this cooperation agreement as we see a high potential for credit insurance in the fast growing Chinese market. This cooperation is another step to consolidate our position as world-wide leader in credit insurance”, says Jean Lanier, CEO of Euler Hermes.
