#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
Coface Asia Corporate Payment Survey 2024: Overall improvement but worsening payment behaviour in textile and construction
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.
#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
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.
#Economic publications
France: Hung parliament raises uncertainty
Paris, July 9, 2024 – Following the snap legislative elections called by President Emmanuel Macron on June 9th and held on July 7th, no party was able to secure an absolute majority in the National Assembly (289 seats), ushering a period of uncertainty and instability for France’s governance.
#Economic publications
The general elections of May 2023 marked a shift in Turkish economic policy with the implementation of more orthodox policies to end a period characterized by negative real interest rates and a sharp depreciation of the lira. The local elections in March 2024 marked a further step in this strategy with a tightening of financial conditions to stabilize the economy, reduce runaway inflation and strengthen the country's macroeconomic foundations.
Expert advice
- #Our solutions
- #Expert advice
Resilient Businesses: A Guide to Effective Risk Management Planning
Navigating the complex landscape of risks and opportunities is part and parcel of running a business. Whether these risks stem from within your organisation or external sources, understanding and managing them proactively is crucial for your business’s health. This is where you will need an effective enterprise risk management plan that encompasses all aspects of your business’s vulnerabilities. In this guide, we will delve into the world of risk management, focusing on the importance of credit insurance in mitigating financial risks. As you conclude reading this article, you will have a solid grasp on how to develop a risk management plan to safeguard your business’s interests.
- #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
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
- #Expert advice
Resilient Businesses: A Guide to Effective Risk Management Planning
Navigating the complex landscape of risks and opportunities is part and parcel of running a business. Whether these risks stem from within your organisation or external sources, understanding and managing them proactively is crucial for your business’s health. This is where you will need an effective enterprise risk management plan that encompasses all aspects of your business’s vulnerabilities. In this guide, we will delve into the world of risk management, focusing on the importance of credit insurance in mitigating financial risks. As you conclude reading this article, you will have a solid grasp on how to develop a risk management plan to safeguard your business’s interests.
#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!
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.