News

Poland: Payment delays between companies shorten during the pandemic

02/16/2021

The year 2020 was marked by the COVID-19 pandemic. In order to mitigate the impact of this difficult economic situation on Polish companies, various liquidity-supporting aid measures were introduced, such as tax and contribution exemptions and deferrals. As a result, despite the extensive economic crisis, payment delays between companies have shortened – however, with these aid measures are to be phased out in 2021, two thirds of companies expect their business activities to deteriorate this year.

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COFACE SA: Moody's raises the outlook for Coface to “stable”

02/14/2021

The rating agency Moody’s, on 10th February 2021, has confirmed the financial strength rating (Insurance Financial Strength – IFS) for Coface at A2. The agency has also raised the outlook for Coface, which is now stable.

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Coface FY-2020 results: Net income at €82.9m and 100% pay-out ratio

02/10/2021

Coface releases its FY 2020 Financial Results.

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Governance evolution – Bernardo Sanchez Incera appointed Chairman of the Board of Directors

02/10/2021

Following the change in the shareholder base and the arrival of Arch Capital Group Ltd. in Coface's capital, COFACE SA's Board of Directors is evolving. Bernardo Sanchez Incera has been appointed Chairman of the Board of Directors.

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Attend our 25th Country Risk Conference 8-10 february

01/14/2021

This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.

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Coface announces new appointment of Asia Pacific Economist

12/10/2020

Coface announces today the appointment of Bernard Aw as Economist for the Asia Pacific Region, effective December 1, 2020.

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