French credit insurer Coface’s insurance revenues increased 3.2% to €930m in the first nine months of 2010 from €901m in the same period last year.  Overall turnover, which includes Coface’s insurance, factoring and services income, increased 1.9% to €1.21bn in the first nine months of 2010 from €1.19bn in the same period of 2009. Operating profit was €89m compared to a loss of €240m, while net profit was €60m compared to a loss of €166m.   The company was hit by heavy claims in 2009, but the claims situation has been improving throughout 2010. Its loss ratio for the first nine months of 2010 fell 51 points to 58% from 109% in the same period of last year.  Source:  Insurancetimes.co.uk