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02/10/2021
Corporate news, Press release

All the News

02/16/2021
Country risk and economic studies

Poland: Payment delays between companies shorten during the pandemic

The year 2020 was marked by the COVID-19 pandemic. In order to mitigate the impact of this difficult economic situation on Polish companies, various liquidity-supporting aid measures were introduced, such as tax and contribution exemptions and deferrals. As a result, despite the extensive economic crisis, payment delays between companies have shortened – however, with these aid measures are to be phased out in 2021, two thirds of companies expect their business activities to deteriorate this year.

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02/14/2021
Corporate news

COFACE SA: Moody's raises the outlook for Coface to “stable”

The rating agency Moody’s, on 10th February 2021, has confirmed the financial strength rating (Insurance Financial Strength – IFS) for Coface at A2. The agency has also raised the outlook for Coface, which is now stable.

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02/10/2021
Corporate news, Press release

Governance evolution – Bernardo Sanchez Incera appointed Chairman of the Board of Directors

Following the change in the shareholder base and the arrival of Arch Capital Group Ltd. in Coface's capital, COFACE SA's Board of Directors is evolving. Bernardo Sanchez Incera has been appointed Chairman of the Board of Directors.

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02/09/2021
Country risk and economic studies, Press release

Coface Barometer Q4 2020 - An uneven recovery

In its latest quarterly Barometer and on the occasion of the publication of the country and sector risk guide, Coface highlights an uneven recovery across countries, sectors of activity and income levels.

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01/28/2021
Country risk and economic studies

The political risks of lockdown in the Netherlands and Germany

Coronavirus containment measures are leading to social unrest in many countries, especially in the Netherlands and in Germany. Watch our video to learn more.

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01/14/2021
Corporate news, Country risk and economic studies

Attend our 25th Country Risk Conference 8-10 february

This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.

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01/07/2021
Country risk and economic studies

UK-EU trade agreement: almost late, but worth the wait

After nine months of tense negotiations, the UK and the EU finally struck a post-Brexit agreement. Watch our video to learn some of the key points of the deal.

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12/28/2020
Corporate news

Coface signs an agreement with Dutch government to support the economy

Dutch State extends guarantee with Credit insurers by six months from the first of January 2021.

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12/27/2020
Corporate news

Coface wishes you the best for the holiday season

Happy new year from everyone at Coface !

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12/22/2020
Corporate news

Coface works with Italian government to support trade credit

With a view to support the Italian economy during this unprecedented sanitary and economic context, the Italian Government has set up a reinsurance programme to support the guarantees provided by credit insurers in the field of supplier credits.

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12/15/2020
Corporate news, Product news

Coface to sign extension of the CAP Relais agreement with the French government to support inter-company credit

Coface is working with the French government to sign an agreement to extend the CAP Relais reinsurance scheme until June 30, 2021.

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12/04/2020
Corporate news

Coface participates in prolonged German state aid scheme

German government and credit insurers maintain joint protective shield for supply chains until mid-2021.

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12/01/2020
Country risk and economic studies

ExpressECO: COVID-19, a catalyst for Political Risk

Julien Marcilly, Coface’s Chief Economist, presents some of our predictions for 2021, and explains in this video how we measure political risk at Coface.

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11/24/2020
Corporate news

Coface commits to LGBT+ inclusion by signing L’autre cercle’s Commitment Charter

Coface has signed the LGBT+ Commitment Charter of L’autre cercle, an association that promotes greater LGBT+ inclusion in the workplace.

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11/06/2020
Corporate news, Country risk and economic studies

Coface Webinar: Looking at 2021 (Western Europe & Americas)

Don't miss our economists' analysis about what to expect in 2021 !
Looking to the future, our economists covered three pivotal topics that will shape 2021 during this webinar.

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11/05/2020
Corporate news, Press release

Fitch maintains Coface Ratings on Rating Watch Negative

Fitch has maintained all the ratings of Coface SA and its operating subsidiaries on Rating Watch Negative, with the exception of the short-term ratings of Coface SA, which has been affirmed at 'F1'.

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10/26/2020
Corporate news

9M-2020 Financial Results: Strong balance sheet and positive operational KPIs

Coface releases its 9M-2020 Financial Results : A strong balance sheet and positive operational KPIs allow to launch share buyback programme

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10/01/2020
Country risk and economic studies

COVID-19, a catalyst for political risks

In addition to our Q3 2020 Country & Sector Risk updates, Coface's Political Risk Index highlights a dual trend: a decrease in the risk of conflict at a global level, but an increase in the risk of political and social fragility.

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09/15/2020
Country risk and economic studies

German companies have switched to “crisis-mode” and offer less payment terms

German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020, with 753 participating companies located in Germany.

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07/29/2020
Corporate news

Coface reports a positive net income of €11.3m for the second quarter 2020 and continues to implement its strategic plan

Turnover for the first semester: €725m, down 0.6% at constant FX and perimeter:
Client retention and new business achieve record levels, with a positive net production of €33m.
First effects of re-pricing are now visible (+0.2%).
Revenues from services progress by 7%, including information services up by 13%.
Client activities continue to slowdown – a trend expected to continue over the following quarters.

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