Wednesday, October 24 2018 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 1 hour 20 min ago
Rating agency AM Best has just assigned Coface North America Insurance Company the ‘A’ (Excellent) Insurer Financial Strength (IFS) rating, with stable outlook.
Global credit insurer to make risk indicators available to a network of 1.5 million businesses in 190 countries.
Increased protectionism is affecting a large number of economies – both advanced and emerging (...)
Higher oil prices and continued capital outflows from emerging markets mark the third quarter of 2018 (...)
Despite economic acceleration in the region, insolvencies increased by +6.4% in 2017
According to Coface’s Political Risk Index, Asia scored 45% on the latest risk ranking, above the world average of 35% (...)
Coface announces the signature of an agreement to acquire PKZ, the credit insurance subsidiary of SID Bank
Coface announces today that it has signed a binding agreement with SID Bank, a Slovenian public bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank.
The international credit insurance company Coface presents its tenth annual study on the biggest 500 companies in Central and Eastern Europe – the Coface CEE Top 500. It ranks the businesses by their turnover and additionally analyses further facts such as the number of employees, the framework of the companies, sectors and markets as well as the new Coface company credit assessments. The trend of the CEE Top 500 reflects developments in the region.
Fitch Ratings affirmed, on August 29th 2018, Coface AA- Insurer Financial Strength (IFS) rating. The outlook remains stable.
Greece's exit from the international bailout programme: Greek companies are experiencing a revival - more competitive and less indebted
Multiple signs of an economic recovery in Greece. Reforms have helped to clean up public accounts, restore Greece's credibility and strengthen confidence.
In the first half of 2018, Coface continues to record a solid performance in a gradually normalising risk environment
Net profit of €62.8m and RoATE1 at 7.8%
Coface announces today the appointment of Carmina Abad Sánchez as CEO, Latin America Region.