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2016.09.30
集团讯息

Coface welcomes Fitch’s decision to affirm its AA- rating

Coface welcomes Fitch’s decision to affirm its AA- rating

Fitch Ratings issued, on September 29th 2016, a press release on Coface in which the agency affirms the Group’s Insurer Financial Strength (IFS) rating at 'AA-', Outlook Stable.

Fitch highlights that this affirmation reflects Coface’s “strong business profile and geographical diversification in credit- insurance and its solid capital position”.

Reiterating its view on Coface's risk profile, considered “adequate”, Fitch underlined that the Group “benefits from (..) flexibility to adjust the terms and conditions of its policies and largely focuses on the short-tail business.”

This affirmation follows the launch of Coface’s new 3-year strategic planFit to Win.

In this context, “Fitch expects that Coface maintains a good underwriting performance over the cycle, resulting from the group's stricter underwriting guidelines and focus on profitability versus growth”.

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联系


中国大陆

程 驰
电话. +86 21 6171 8100
chloe.cheng@coface.com
 
中国香港特别行政区
 
翟继志
电话. +852 2585 9188
leo.chak@coface.com
 
中国台湾
 
李圭之
电话. +886 2 8182 1015
grazia.li@coface.com

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