Explore Coface's comprehensive Risk Dashboard, providing in-depth risk assessments for 162 countries and 13 industry sectors to make strategic decisions
#Corporate news
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
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”.
#Corporate news
Coface is announcing two changes in the Mediterranean and Africa region management with the appointments of Ernesto de Martinis as Managing Director for the region and Pietro Vargiu as Country Manager in Italy. These changes will be effective from 1 July 2024.
#Economic publications
In Q1 2024, the global economy improves slightly from previous years marked by pandemic, Russia-Ukraine conflict, and US banking crisis. However, US activity slows down, with emerging countries driving growth. Global economic, social, and political risks persist, including the dissolution of the French National Assembly. Consequently, Coface adjusts assessments for 5 countries and 26 sectors, indicating short-term positive outlook only.
#Economic publications
The Asia Corporate Payment Survey, conducted by Coface between December 2023 and March 2024, provides insights into the evolution of payment behaviour and credit management practices of about 2,400 companies across the Asia Pacific region. Respondents are active in nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Taiwan and Thailand) and 13 sectors.
#Economic publications
Biotechnology companies, more commonly known as biotechs, play a vital role in improving the treatment and survival of patients suffering from rare, difficult-to-treat diseases, as well as in safeguarding their well-being. Despite the importance of the sector in Europe, the continent is losing ground to the United-States and China.
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.
#Expert advice
With the reshaping of the world order, the rise of (geo)political risk and the climate emergency, political risk is back in the spotlight, with its inevitable economic impact on world trade and businesses. How can we protect ourselves effectively? We take a closer look at this ever-more closely monitored risk.
#Expert advice
"Trade credit insurance is too expensive and doesn't cover my needs" ; "Managing credit risk is an obstacle to my business development", or "I have financial resources to cover any unpaid invoices!" Have you ever had one of these thoughts? Re-examining stereotypes about TCI might be useful, particularly in an environment where claims experience is accelerating and the risk of bad debts is growing.
#Our solutions
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
Unpaid invoices are a serious threat to your cash flow and your business development. Find out how Coface's debt collection solutions considerably improve your chances of receiving prompt payment for your receivables, anywhere in the world, and limit the impact on your company's financial health.
#Our solutions
Schneider Electric (SE), ‘the most local of global companies’, and Coface, a multinational on a human scale, have been working together for several decades. As a client of Coface Global Solutions, SE benefits from a worldwide programme and dedicated teams to secure its business. SE also uses Single Frame solutions to support the development of its datacenter projects. With one credo: to manage commercial risk in a more predictive way.
Navigate uncertainty with Coface's global risk assessments for +160 countries and 13 sectors.
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
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.
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.
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.
