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InsuranceLinked Securities Europe Allianz

Euler Hermes sees stabilisation

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EUROPEAN credit insurer Euler Hermes, which is 68.2% owned by Allianz, has said that there are likely to be 33% more corporate insolvencies in 2009 than in 2008, and that bankruptcies are likely to stay at this high level throughout 2010.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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