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Full-year results 2017: Coface doubles net income to €83.2m, and activates the capital optimisation lever provided for in its Fit to Win plan


Turnover: €1 354.9m, up 0.3% at constant scope and exchange rates. Net loss ratio 51.4%, improved by 14.1 pts; annual net combined ratio at 86.6%.

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China's ambitions in sub-Saharan Africa: efforts to rebalance bi-lateral relations still needed


Almost twenty years after the launch of the first Forum on China-Africa Cooperation, China-Africa relations remain unbalanced. Bilateral trade has leaped over the past ten years (a total of $123 billion in 2016), driven, up to 2014, by exports, which have fallen by 51% since the peak.

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Coface 9M-2017 Results: Net income at €55.0m driven by loss ratio improvement, in line with new guidance


We now see the full impact of the measures taken in the previous quarters within the Fit to Win strategic plan to drive down the loss ratio, in what is a still favourable economic environment. The net profit for the quarter, at €35m, shows significant progress compared to previous quarters.

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Financing businesses: the bond market is turning into a "spare tyre"...


Corporate bond financing: an advantage in times of crisis?

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Country and sector risks: Europe remains the big winner in the world economic upturn


World economic growth might not yet be at its highest (2.9% in 2017 and 2018), but there can be no denying that there are healthy signs.

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