Tuesday, March 2 2021 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 2 hours 57 min ago
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.
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.
Coface releases its FY 2020 Financial Results.
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.
In its latest quarterly Barometer and on the occasion of the publication of the country and sector risk guide, Coface highlights an uneven recovery across countries, sectors of activity and income levels.
Coronavirus containment measures are leading to social unrest in many countries, especially in the Netherlands and in Germany. Watch our video to learn more.
This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.
After nine months of tense negotiations, the UK and the EU finally struck a post-Brexit agreement. Watch our video to learn some of the key points of the deal.
Dutch State extends guarantee with Credit insurers by six months from the first of January 2021.
Happy new year from everyone at Coface !
With a view to support the Italian economy during this unprecedented sanitary and economic context, the Italian Government has set up a reinsurance programme to support the guarantees provided by credit insurers in the field of supplier credits.
Coface to sign extension of the CAP Relais agreement with the French government to support inter-company credit
Coface is working with the French government to sign an agreement to extend the CAP Relais reinsurance scheme until June 30, 2021.
German government and credit insurers maintain joint protective shield for supply chains until mid-2021.
Happy Holidays from everyone at Coface
Julien Marcilly, Coface’s Chief Economist, presents some of our predictions for 2021, and explains in this video how we measure political risk at Coface.
Coface has signed the LGBT+ Commitment Charter of L’autre cercle, an association that promotes greater LGBT+ inclusion in the workplace.