Spotlight

Coface capitalizes on its strategic successes and launches Build to Lead, its new 2023 strategic plan

Coface capitalizes on its strategic successes and launches Build to Lead, its new 2023 strategic plan

02/25/2020

Build to Lead will broaden and deepen the business and cultural transformation initiated in Fit to Win. In particular the new plan will: Continue to strengthen risk management and underwriting discipline; Improve service, and commercial and operational efficiency; Invest in select growth initiatives in trade credit insurance as well as in specialty lines; Maintain balance sheet strength.

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News / Publications

China Payment Survey 2020: Payment delays will increase further because of COVID-19

06/02/2020

Our survey shows a deterioration in payment behaviour in 2019, which ultimately does not bode well for Chinese companies in the context of weaker activity in 2020. Coface expects growth to fall to 1.0%, the lowest level in 30 years, so given the historic correlation between economic activity and payment delays, we anticipate a sharp deterioration in 2020.

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Coface Canada Positioned to Support Canadian Businesses with Additional Credit Capacity

05/29/2020

In the context of Covid-19 crisis, Coface Canada is pleased to announce their participation in the extended Trade Partnership Insurance (TPI) powered by EDC (Export Development Canada). This agreement is the result of the strong collaboration between the Government of Canada, Export Development Canada (EDC) and the Receivables Insurance Association of Canada (RIAC).

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COFACE engages to support Belgian companies alongside the state

05/20/2020

During the current, unprecedented health and economic crisis, the Belgian government, in collaboration with credit insurers, is setting up a reinsurance program to sustain the economy during this difficult period.

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Focus: World Trade - despite a sudden interruption, global value chains still have a bright future

05/26/2020

In the midst of the COVID-19 pandemic, global trade has been dragged down by numerous factors. However, as tight border controls begin to ease and producers begin to adapt, the good news is that global value chains still have a bright future.

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 200 countries covered 
 4,200 employees 
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