#Corporate news
Coface confirms its very good start to the year with a net income of €142.3m, up 10%
Coface releases its 2024 half-year financial results. Net income (group share) at €142.3m, including €73.8m for Q2-24 and annualised RoATE1 at 15.3%
News, Economy and insights
Risk Dashboard
Explore Coface's comprehensive Risk Dashboard, providing in-depth risk assessments for 162 countries and 13 industry sectors to make strategic decisions
Corporate news
#Corporate news
Portrait : Aboubakr Belhaj, underwriter at the core of Coface's credit insurance activities
The underwriter is at the center of the game, having to reconcile support for the policyholder with controlled risk-taking by the insurer. In credit insurance, as in any sport, the rule is to respect the risk underwriter's decisions. But only if they are justified. Aboubakr Belhaj strives to ensure that they are at Coface. This balance cannot be taken for granted.
#Corporate news
COFACE SA: AM Best upgrades the Long-term Issuer Credit Ratings to ‘a+’ (Excellent) with a stable outlook
The rating agency AM Best, on 29th May 2024, has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to ’a+’ (Excellent) from ‘a’ (Excellent) and affirmed the Financial Strength Rating – IFS rating of A (Excellent) of Compagnie française d’assurance pour le commerce extérieur (la Compagnie), Coface North America Insurance Company (CNAIC) and Coface Re. The outlook for these ratings is “stable”.
Economic publications
#Economic publications
Coface survey on payment behavior shows a lengthening of the average payment period, while 85% of companies have also experienced payment delays, with the majority indicating that they are longer and more numerous than in 2023. This deterioration in payment behavior is reflected in a further rise in insolvencies, which have now stabilized at much higher levels than in 2019 and 2023.
#Economic publications
Germany Corporate Payment Survey 2024: Simmering under the lid
The 8th edition of Coface’s survey on corporate payment experience in Germany shows that the payment behaviour of German companies remains stable. However, this observation shouldn’t reassure considering the growing credit risks out of accumulated overdue payments.
#Economic publications
La Niña takes over El Niño: a favorably cooler weather, but many unknowns
The second half of 2024 is expected to be marked by the appearance of La Niña. This phenomenon, whose extent and consequences remain uncertain, is likely to cause weather changes in multiple parts of the globe.
Expert advice
- #Expert advice
- #Our solutions
Data & technology: from smart data to predictive risk management solutions
Because companies now need to go beyond simple access to qualified and added value information, Coface combines the wealth of its data, its unique insights and input from its experts with Data Science and Artificial Intelligence technologies to provide its clients with predictive risk management solutions. Or how to turn commercial risk into growth opportunity!
- #Our solutions
- #Expert advice
Data & Technology: from Big Data to Smart Data and unique credit insights
Because nowadays companies' needs go beyond simply accessing large sources of data in real time, Coface collects, cross-checks and analyses massive volumes of data (Big Data). Enhanced each day by the analyses of 700 risk management experts, this exclusive data generates unique insights for Coface's clients and partners. Or how to turn commercial risk into an opportunity for growth!
- #Our solutions
- #Expert advice
How trade credit insurance helps your SME to grow?
When granting payment terms to their commercial partners, small and medium-sized enterprises (SMEs) are not always aware of the risks involved. Find out how Coface's trade credit insurance solutions help you avoid the risk of non-payment so that you can grow with complete confidence.
Our solutions
#Our solutions
Arkema x Coface: tailor-made programme and partnership approach, a winning strategy
Global expertise in risk management, quality of service and ongoing dialogue: all ingredients in the success and long-term relationship built up with Arkema, the international industrial group with faith in Coface for almost ten years and in the Coface Global Solutions credit insurance programme.
- #Expert advice
- #Our solutions
Data & technology: from smart data to predictive risk management solutions
Because companies now need to go beyond simple access to qualified and added value information, Coface combines the wealth of its data, its unique insights and input from its experts with Data Science and Artificial Intelligence technologies to provide its clients with predictive risk management solutions. Or how to turn commercial risk into growth opportunity!
- #Our solutions
- #Expert advice
Data & Technology: from Big Data to Smart Data and unique credit insights
Because nowadays companies' needs go beyond simply accessing large sources of data in real time, Coface collects, cross-checks and analyses massive volumes of data (Big Data). Enhanced each day by the analyses of 700 risk management experts, this exclusive data generates unique insights for Coface's clients and partners. Or how to turn commercial risk into an opportunity for growth!
Events
- #Online Event
- #Business Information
- #Credit Insurance
Coface Webinar : Discover the future of credit management with Alyx!
#Business Information
Risk Dashboard
Navigate uncertainty with Coface's global risk assessments for +160 countries and 13 sectors.
Coface Podcast
Dive into the world of global trade with Coface's Trade Talk podcast. Explore captivating discussions with trade experts, explore market dynamics, and uncover strategies for growth.
Online services for customers and brokers
- Customer Portal - Cofanet
Customer Portal - CofaNet
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
- Broker Portal
Broker Portal
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Innovative and digital solutions
- Icon
ICON
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.
