The German Federal Financial Supervisory Authority (BaFin) has issued a notice stating that Towarzystwo Ubezpieczeń Euler Hermes S.A., a Polish insurance company, has completely stopped its cross-border insurance services in Germany. The notice provides the company's name, address in Warsaw, Poland, and a reference number (VA 26-I 5000/01175#00002).

This action signifies a withdrawal of services by an insurer operating under the EU's freedom of services regime. Insurers and policyholders in Germany who were previously covered by Euler Hermes S.A. for cross-border services should review their current insurance arrangements. While no specific compliance deadline or penalty is mentioned for regulated entities, affected parties need to ensure continuity of coverage and understand the implications of this service cessation.