News

Coface Barometer: COVID-19 - heading towards a sudden global surge in business insolvencies

04/07/2020

At first, the COVID-19 epidemic in China only affected a limited number of value chains – but it has since turned into a global pandemic. Its repercussions have created a double shock – supply and demand – that is affecting a large number of industries in all over the world.

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Fitch places Coface on Rating Watch Negative

03/31/2020

The rating agency Fitch has, on 31 March 2020 placed Coface on Rating Watch Negative. This includes Coface’s Insurer Financial Strength (IFS) rating.

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Review of the credit insurance sector by Moody's

03/27/2020

The rating agency Moody's confirmed Coface’s Insurance Financial Strength (IFS) A2 rating on 27 March 2020. The outlook for this rating has been changed to negative.

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Poland Payment Survey: reduced payment delays, but a challenging outlook

03/06/2020

Despite the economic slowdown, Coface’s latest survey on business payments in Poland shows that payment delays have systematically shortened since 2017 – but the impact of the coronavirus outbreak on the Polish economy remains to be seen.

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Coface capitalizes on its strategic successes and launches Build to Lead, its new 2023 strategic plan

02/25/2020

Build to Lead will broaden and deepen the business and cultural transformation initiated in Fit to Win. In particular the new plan will: Continue to strengthen risk management and underwriting discipline; Improve service, and commercial and operational efficiency; Invest in select growth initiatives in trade credit insurance as well as in specialty lines; Maintain balance sheet strength.

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COFACE SA: Shareholding evolution

02/25/2020

COFACE SA (“COFACE”) acknowledges the announcement made today by Natixis of its sale of 29.5% of the share capital of COFACE to Arch Capital Group Ltd (“Arch”) as well as Arch’s affirmed support of COFACE’s current management and of its new 2023 strategic plan Build to Lead.

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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
     

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  • 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

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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
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