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In contrast to last year, the latest edition of Coface’s survey on corporate payment experience in Germany was not affected by special events like the COVID-19 pandemic or the onset of the war in Ukraine and the resulting price pressures of commodities.Read More
Over the past quarter, Coface’s results amounted to €68m, a high level reflecting good management of the higher loss experience and tight cost control, with a combined ratio of 65.5% under the new IFRS 17 accounting standards.Read More
Coface uses advanced Data Science technologies such as Artificial Intelligence, Machine Learning and predictive analysis to better anticipate commercial risks for the benefit of its customers.
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While the global macroeconomic outlook remains uncertain, the transport sector has recorded the highest number of risk assessment upgrades in the latest Coface barometer.
Read our expert's analysis now.
The Asia Corporate Payment Survey provides insights of about 2,300 companies across the Asia Pacific region. Asian companies experience fewer payment delays and are rather optimistic despite multiple headwinds ahead.
Artificial intelligence, massive data analysis, Machine Learning, predictive analytics and modeling, Deep Learning and Image Processing… Coface employs a whole lot of advanced Data Science technologies to design new solutions for its clients.Read More
Preventing delinquencies or collecting receivables immediately is critical to the survival of many companies. To help you gain insight into your own credit management and improve your business risk prevention, here are 7 tips to better protect your business.Read More
Corporate insolvencies in Central & Eastern Europe increased in 2022 due to high prices when it comes to energy, inputs, series of prompt interest rate hikes, the highest inflation in decades and the uncertainty related to the war in Ukraine.
Read our analysis and download our full study.
On 26th of April, 2023 from 1:00 p.m. to 5:30 p.m. at "Hilton" Sofia hotel will be held the 8th Coface Country Risk Conference. This year's event is under the motto: "Stability in Turbulent Times". As a leading international company in the field of risk management and credit insurance, Coface actively implements policies to contribute to economic and social development. We are proud that due to this we create better trading conditions for the business and managed to establish ourselves as the market leader in the country.
One of our important initiatives contributing to the improvement of the business environment is the Annual Risk Management Conference. Coface Country Risk conferences have been held for nearly 30 years in more than 20 countries around the world. In Bulgaria, they have established themselves as an important socio-economic forum that gathers hundreds of business and political representatives and provides answers to many important questions. Given the changes in the world of trade and business climate, we decided to dedicate the Eighth Coface Country Risk Conference to the theme "Stability in Turbulent Times".
On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye and Syria. This toll, far from being definitive, could double according to the United Nations. Retrouvez notre communiqué de presse sur les retombées économiques de cette catastrophe. Read our press release on the economic impact of this disaster.Read More
Recession, inflation, Ukraine, China, monetary policy... 2023 as seen by Jean-Christophe Caffet, Coface Chief EconomistRead More
The 14th 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.Read More
Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. In the short term, the economy seems to be settling into a regime of "stagflation", where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
In this context, Coface is making general downward revisions to its GDP growth forecasts and its country and sectoral assessments. Check them out!
The rating agency Moody’s, on 11th October 2022, has confirmed the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface at A2. The agency has also changed the outlook for Coface to positive from stable.Read More