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Category Archives: Coface
Country Risk Climate Greater China Region: Coface Survey Reveals Higher Credit Risk
A survey of corporate credit risks management across the Greater China region, China, Hong Kong and Taiwan, was conducted in the fourth quarter of 2012 by Coface, a leading global credit insurance group. This survey revealed that China and Hong … Continue reading
Posted in China, Coface, Hong Kong, Taiwan, Uncategorized, Users of Information
Tagged China Credit Climate, China Credit Risk
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Asia-Pacific Risk Climate: Survey reveals corporate overdue payment in Asia Pacific region deteriorated in 2012
- Companies are less optimistic about recovery of global economy in 2013 – Coface: A survey of corporate credit risks management in Asia Pacific region was conducted in the fourth quarter of 2012 by Coface, a leading global credit insurance … Continue reading
Coface Services Belgium acquired by Roularta Media Group
Roularta Media Group announces that it has reached agreement with the French bank Natixis to acquire Coface Services Belgium.
Credit Insurance: Coface Reports 2012 Results – Premiums up 3.1%
Good commercial performance: premiums up +3.1%, buoyed by emerging markets* +18% Sharp rise in operating profit of +62% (+10% excluding 2011 restructuring costs) Significant increase in net profit of +80% (+6.6% excluding 2011 restructuring costs) Combined ratio at 82.2%, continuously … Continue reading
Country Risk Climate: Coface Downgrades Corporates in Europe, Ivory Coast, Japan and South Africa
Coface, the credit insurer has warned that with the ongoing malaise in the European economy, companies heavily exposed to Europe continue to be a relatively risky investment. To that end, Coface has downgraded its risk assessment of corporates in … Continue reading
Coface First Half 2012 Global Revenue up 5.8%
Notwithstanding deteriorated economic condition Coface has increased its consolidated revenues by 5.8%, with credit insurance growing 7.2%. Revenues in emerging markets have increased by 21%. Operating revenue grew by 25.8% About Coface: The Coface Group, a worldwide leader in credit … Continue reading
Posted in Coface, Credit Insurance, France, Users of Information
Tagged Coface, Coface First Half Results 2012
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China Risk Climate: Trade Credit Has Become the Main Source for Financing = Payment Delays more Frequent – Insufficient Access to Credit Retards Growth
Coface, one of the largest global credit insurers, has just released its latest study on the payment behavior of Chinese companies. The study was conducted during the months of October and November 2011 and is based on interviews of over … Continue reading
Coface Issues Corporate Credit Risk Study on China
The ups and downs of the eurozone crisis and the sluggishness of US economy continue to affect China’s exports during 2012. On the other hand, China’s domestic market continues to rise. To adapt to the changing economic environment, many Chinese … Continue reading
Coface Appoints New Chairman
The Board of Directors of Coface met today and appointed Laurent Mignon Chairman of the Board of Directors of the company. Laurent Mignon is the Chief Executive Officer of Natixis, shareholder of Coface. He takes over from Francois David, whose … Continue reading