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Coface has been rated AAA by the extra-financial rating agency MSCI. This places Coface among the Top 4% of Property & Casualty Insurance companies worldwide for action across environmental, social and governance matters.Read More
Coface Romania has a new Country Manager as of August 1st. Alina Popa takes over the management of the company from Eugen Anicescu who held this position since 2016. The appointment from within the organization reconfirms the solidity of the local team and its potential to strengthen the Coface brand.Read More
Coface confirms its excellent start of the year with first-half net income of €144.4m. Annualised return on tangible equity at 15.4%. Turnover for the first half of the year: €895m, up 14.6% at constant FX and perimeter and up 16.5% on a reported basis.Read More
Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia-Pacific region during another 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.Read More
Four months after the start of hostilities in Ukraine, first lessons can be drawn.
Which countries and sectors are doing best? Which ones are going to face major difficulties?
Read the forecasts from our Q2 Barometer now.
Medium & long-term knock-on effects of the war in Europe on global sectors trends: will there be resilient sectors?
In the short run, all sectors for which Coface publishes sector risk assessments in six regions worldwide will be impacted by the knock-on effects of Russia’s invasion of Ukraine. Which ones would be the most resilient sectors? Read our full study now!Read More
Coface China Corporate Payment Survey: Increasing risks in supply chain disruptions and rising raw material prices
Coface’s 2022 China Corporate Payment Survey shows that fewer firms encountered payment delays in 2021, but those that did report longer periods of overdue payments than in the previous year. The average payment delay rose from 79 days in 2020 to 86 days in 2021. Firms in 9 out of 13 sectors reported an increase in payment delays, led by agri-food, which recorded the largest increase of 43 days, followed by wood, transport, and textile.Read More
More than two months after the start of the war in Ukraine, of Russia’s invasion of Ukraine on 24 February, prospects for a rapid resolution of the war seem increasingly unlikely. As sanctions against Russia continue to pile up, a return to the pre-war situation seems illusory, even in the event of an early end to the conflict.Read More
Oil prices stabilized around $100 - the highest level since 2014 - are unsurprisingly benefiting the Gulf countries. However, rising agricultural commodity prices are putting upward pressure on consumer price inflation.Read More
The Russia-Ukraine conflict has triggered turmoil in the financial markets, and drastically increased uncertainty about the recovery of the global economy. Since our last publication, the world has shifted, so have the risks.Read More
Two years after the onset of the pandemic, the global economy continues to recover, but still faces significant challenges. Download the Coface Q4 2021 Country & Sector Risk Barometer and its press release here.Read More
According to Coface's 2021 study on the payment behaviour of companies in Morocco, contractual payment terms in the country remain long, reaching an average of 79 days. However, they have improved significantly, with a shorter duration of about 14 days compared to the previous survey conducted in 2019.Read More
Coface launches "GlobaLiner", its new service offer designed to better meet the needs of multinational companies.Read More
COFACE CEE TOP 500
The 13th CEE Top 500 study provides an insight into the future and summarizes the region’s economic activity for the previous year. Moreover, it describes the condition of the 500 largest companies in CEE by their turnover.
China will continue to expand its role as a main destination for Latin American exports at the expense of the U.S.
Coface observes that LatAm countries’ foreign sales growth rates are expected to exceed their domestic demand expansion. Indeed the region’s activity rebound should be lower than the global average recovery, and more specifically lower than the Chinese and U.S. recoveries. Therefore, sales to China and the U.S. should post a bright performance in 2021. In terms of significance for Latin American exports, China should continue to gain ground over the U.S.