Comprehensive risk dashboard from Coface with detailed risk assessments for 162 countries and 13 sectors
#Corporate news
Coface strengthens its commitment to the environment by joining the Net Zero Asset Owner Alliance (NZAOA) and signing the Principles for Responsible Investment (PRI) in line with the Paris Agreements aimed at limiting global warming to 1.5°C by the end of the century.
#Corporate news
More than ever, Trade Credit Insurance has a role to play in a less predictable world, argues Xavier Durand, CEO of Coface, in the continuation of his major interview.
Christiane von Berg is the Chief Economist for the DACH and BeNeLux region at Coface. During the conference, she discussed the results of studies that estimate the effects on trade between the two parties under different scenarios.
#Economic publications
According to the Federal Statistical Office, corporate insolvencies in Germany rose by 22.1% last year compared to the previous year. Despite this sharp increase, this is merely a normalization to pre-pandemic levels. With a total of 17,814 insolvencies, the figure for 2023 was still below the 2019 level, when 18,749 company bankruptcies were registered.
#Economic publications
We have assessed the risk associated with the different political and economic approaches of Joe Biden and Donald Trump. On November 5, Americans will go to the polls for a historic presidential election.
#Economic publications
Coface's survey on payment behaviour shows that more companies are prepared to grant payment terms in 2023, but that they have shortened the average term from 81 to 70 days.
Letters of credit are a useful tool when trading internationally, but they are much more limited in scope than credit insurance.
Self insurance simply means setting money aside in case of bad debt. Often, companies simply keep a sum in a separate bank account for emergencies only.
Bad debt insurance offers just one kind of protection for your business: against customer insolvency and the resulting loss of income if a bill isn’t paid as a result.
Letters of credit are a useful tool when trading internationally, but they are much more limited in scope than credit insurance.
Self insurance simply means setting money aside in case of bad debt. Often, companies simply keep a sum in a separate bank account for emergencies only.
#Our solutions
In this article, we review the stereotypes about credit insurance. It could be useful, especially in an environment where claims experience is accelerating and the risk of bad debts is increasing.
Better assess your risks with Coface's global risk assessments for +160 countries and 13 sectors.
Immerse yourself in the world of global trade with Coface's Trade Talk podcast. Follow discussions with experts on global trade and insights into the dynamics of individual markets.
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.
