News

Focus on remote work : The Risks and Opportunities of Virtual Offshoring

07/09/2021

Remote work has emerged as a new norm during the Covid-19 pandemic. This cultural shift could allow companies located in developed countries to hire teleworking talent in emerging countries to reduce their labour costs.

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Germany: More insolvencies in the pipeline, despite significant aid

05/14/2021

Insolvencies in Germany dropped significantly in 2020 compared to 2019 - despite the worst recession since 2009.

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China: rising payment risks in construction and energy sectors despite stronger economic outlook

05/26/2021

Coface expects an increase in bond defaults and insolvencies in 2021, especially among sectors that accumulated higher cash-flow risks in 2020 amid a slowdown in credit growth.

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Asia Pacific: Corporate payment delay trend stabilized; companies see brighter outlook, but risks and uncertainty remain

07/05/2021

Coface’s 2021 Asia Corporate Payment Survey provides insights into the evolution of payment behavior and credit management practices of over 2,500 companies across Asia Pacific during a pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia Pacific region.

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Coface Barometer Q1 2021: US leads the global recovery, emerging economies lag behind

05/06/2021

More than a year after the start of the pandemic, global economic trends are uneven due to lingering uncertainties around the spread of COVID-19. The acceleration of the vaccination process, as well as its effectiveness, are key to an economic recovery

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Fitch raises the outlook for Coface’s ratings to “stable”

04/20/2021

The rating agency Fitch, on 20th April 2021, affirmed Coface AA- Insurer Financial Strength (IFS) rating. The agency also removed the Rating Watch Negative. The outlook is now stable.

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    ICICI Lombard General Insurance Company Limited
     

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