News

FY-2019 results: Record net income up 20% at €146.7m and proposed dividend per share of €1.0

02/05/2020

We have completed our Fit to Win plan with record results, despite a riskier economic environment. Our net income is up by 20%, to €147m. The tangible return on equity comes in at 9.1%, excluding non-recurring items. Record retention and a pick-up in new business boosted growth to 5.9%. Finally, in terms of capital, the French regulator authorised our usage of our internal model to calculate the solvency requirement. Our solvency ratio stands at 190%, up 21 points, which allows us to propose a payment of a dividend of €1.0 per share to the Shareholders Annual General Assembly.

Read more

The global automotive industry and enhanced regulations: a very steep path ahead

12/18/2019

The global auto sector is facing several challenges including enhanced and stricter regulations against environmental risks in the context of a slowdown of the global economy. Car sales are on a downward trend, as uncertainty bites.

Read more

Business failures in France are less frequent, but of a larger size

12/18/2019

While the number of companies facing corporate insolvency has decreased since the beginning of the year, their cost has increased, both financially and in terms of the number of jobs affected. After a difficult first quarter, marked by the repercussions of the “yellow vests” movement, the number of corporate insolvencies since the beginning of the year in France is set to decline for the fourth consecutive year. However, Coface expects a slight rebound in insolvencies in 2020 (+0.9%), mainly due to the expected slowdown in the construction sector, which was largely driven by public works in 2019 in the run-up to the municipal elections.

Read more

Broker Portal, Coface’s new digital interface for its brokers

11/19/2019

Coface launches its new portal for brokers, offering a new experience to its partners in the development of their business around the world.

Read more

2019 survey on company payments in Germany: turn of the tide

10/29/2019

85% of companies report payment delays in 2019. This is an increase from 2017 by 7 percentage points. According to Coface's 2019 Germany payment survey of 442 companies in, the country is in a phase of change. The pressure on companies from international competition is increasing.

Read more

Insolvencies in Central and Eastern Europe: despite an increasingly difficult global economic context, the situation remains positive

09/12/2019

The Central and Eastern European region has experienced unparalleled growth in the European Union. However, a slowdown is expected in the coming years.

Read more
All the news

Partners

  • BHARTI AXA
      Credit Insurance Partner
     
    Our Partner in India.
    Bharti AXA General Insurance Company Limited
     
     
    ICICI Lombard
      Credit Insurance Partner
     
    Our Partner in India.
    ICICI Lombard General Insurance Company Limited
     

    watch more
  • ITGI
      Credit Insurance Partner
     
    Our Partner in India.
    IFFCO - TOKIO General Insurance Company Limited
     
    Universal Sompo
      Credit Insurance Partner
     
    Our Partner in India.
    Universal Sompo General Insurance Company Limited

    watch more

Contact

MUMBAI
101A, Platina C-59, 
“G” Block, Bandra-Kurla Complex
Bandra East, Mumbai – 400 051, India
T. +91 22 6108 3300
F. +91 22 6108 3399
info_india@coface.com
 
BANGALORE
Level 2, Prestige Obelisk, No. 3, Kasturaba Road,
Bangalore 560001, India
T. +91 80 4112 1800
F. +91 80 4112 1900
info_india@coface.com
 
NEW DELHI
1/F, Unit No.8, Omaxe Square
Plot No. 14, District Centre Jasola
New Delhi 110025, India
T. +91 11 4053 8223
F. +91 11 4054 7245
info_india@coface.com
CONTACT US
WE WILL OVERCOME THIS OBSTACLE ALL TOGETHER, BECAUSE AT COFACE | #WEDONTSTOP

Close

 

WE WILL OVERCOME THIS OBSTACLE ALL TOGETHER, BECAUSE AT COFACE #WEDONTSTOP