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COFACE SA: Moody's upgrades Coface's main operating company to A1 IFSR, stable outlook

COFACE SA: Moody's upgrades Coface's main operating company to A1 IFSR, stable outlook

09/28/2023

The rating agency Moody’s, on 28th September 2023, has upgraded the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface to A1 from A2. The agency has also changed the outlook for Coface to stable from positive.

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News

Barometer Coface – 2024 a pivotal year

02/01/2024

After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms with more than 60 national elections presidential and/or legislative and in economic terms, with risks mounting on a still slowing global economy.

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Poland corporate payment survey 2023

12/19/2023

Despite economic challenges and fading resilience of to various headwinds, the general picture on payment liquidity in Poland remains favorable.

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To grow out of its debt, Southern Europe must look beyond tourism and solve its demographic crisis

12/13/2023

After collapsing due to travel restrictions to combat Covid-19, tourist numbers are now returning to pre-pandemic levels across Europe, with Mediterranean countries benefiting all the more.

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German Metals Industry: Negative outlook, but surprisingly positive payment behaviour

11/23/2023

The situation of the German metals sector has never been easy, but it got more challenging with the emergence of the competition of Chinese state-supported metal products as well as the downturn of the German automotive sector since 2018.

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Key figures

€1,812 M of turnover in 2022
 100 countries offering our services
 €283,1 M of net profit in 2022
 4,538 employees
All the key figures

Partners

  • NATIONAL GENERAL INSURANCE (NGI)
    Is one of the leading multi-line Insurers in the United Arab Emirates issuing credit insurance policies based on the Coface Globalliance/ Tradeliner wording.

    NGI

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  • OMAN INSURANCE COMPANY P.S.C. (“Sukoon”)
    is one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, UAE. 

    Sukoon Insurance Full Colour JPG

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Would you like to know more about Coface Credit Insurance Services and Business Information Reports?
 
Coface Emirates Services Ltd
Coface Credit Insurance GCC Ltd
701, Emirates Financial Tower (South Tower), DIFC, PO Box 506598,  Dubai,  UAE
Tel. +971 4 3099 100 Fax. +971 4 3099 198   
Email Id: infomiddleeast@coface.com
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