Coface
Average strength of companies deteriorates in Europe
Trade credit insurer Coface has reduced its 2011 forecasts for much of Europe following a deterioration of the average strength of companies.
Coface downgrades forecasts
Trade credit insurer Coface has downgraded its forecasts for the US and much of Europe claiming financial market volatility “has spread to the real economy”.
Trade credit insurers rated as stable
Moody's has given a thumbs up to the recovering trade credit insurers that had been hit by the recession - Euler Hermes and Coface.
Strong European performance helps Coface H1 results
Credit insurer Coface group has reported robust results for the first half of 2011, which the firm said confirms its financial recovery, and vindicates the decision to refocus its credit insurance in March this year.
Coface sees post-recession rise
Recession-hit credit insurer Coface has said half year turnover rose 8% to €764m, compared to the 1st half of 2010 and its combined ratio improved by 12.5 points to 78.3.
Brokers call for trade credit qualification
Brokers are asking for an industry-approved trade credit qualification so they can work with underwriters to help small businesses in the face of a potential double-dip recession.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
SMEs set to benefit from Coface policy by leading economic revival
SMEs will be given the opportunity to protect themselves against bad debt after Coface announced plans to enhance its Premier Trader credit insurance policy.
Equinox Global appoints senior underwriter
Equinox Global, the newly established specialist trade credit insurer, has recruited Sarah Winstone as senior underwriter, joining on 1 April 2011.
People moves - 6 January 2011
Here are the people moves as featured in Post the issue dated 30 December 2010/6 January 2011.
Coface announces new CEO
Coface has announced the appointment of Jean-Marc Pillu to the role of chief executive officer.
Coface announces new CEO
Coface has announced the appointment of Jean-Marc Pillu to the role of chief executive officer.
Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.
Coface returns to positive growth
Coface has reported a return to positive growth in turnover over nine months at +1.9% at current structure, and at +0.6% at constant structure and exchange rates.
Coface extends Irish team with two appointments
Coface UK & Ireland has appointed Roslyn Keogh as commercial manager and Ellen Malone as account executive.
Coface extends Irish team with two appointments
Coface UK & Ireland has appointed Roslyn Keogh as commercial manager and Ellen Malone as account executive.
Turkey and Russia upgraded by Coface
Coface has upgraded two of the largest emerging European countries. Turkey has come out of the crisis with a better risk rating and Russia, which was hard hit, has recovered to its pre-crisis level.
Coface returns to profit in H1 2010
The credit insurer has recorded an operating profit of €55m compared to -€47m in the second half of 2009 and -€202m in the first half of 2009.
Economy on "road to recovery"
Businesses are starting to enjoy a recovery in markets at home and overseas, according to delegates at the Coface - the country risk conference for the UK and Ireland.
Economy on "road to recovery"
Businesses are starting to enjoy a recovery in markets at home and overseas, according to delegates at the Coface - the country risk conference for the UK and Ireland.
Henderson's ranks swell by twelve
Henderson Insurance has announced 12 new appointments within the past six weeks.
Coface to get French state fund aid for partial IPO
The French state is likely to lend a helping hand to investment bank Natixis in selling its credit insurance unit according to newswire Reuters.
ABI: trade credit claims up 95% in 2009
Latest figures from the Association of British Insurers show that trade credit insurance helped UK businesses by dealing with 22 791 claims in 2009.