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.

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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.

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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.

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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.

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Coface introduces CRAFT, a new forecasting tool to estimate growth in the Eurozone

10/24/2019

Recession or slight decline, CRAFT provides the keys to the slowdown in the major economies of the Eurozone.

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Coface announces new appointment of Country Manager of Coface Indonesia and Philippines

10/23/2019

Coface announces today the appointment of Chrisna Sudarma as Indonesia & Philippines Country Manager effective 2 October 2019. Based in Jakarta, Chrisna will report directly to Bhupesh Gupta, CEO of Coface for Asia Pacific

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