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2021.02.14
集团讯息

COFACE SA: Moody's raises the outlook for Coface to “stable”

Credit insurance protect from non payment

Almost one year since the beginning of the coronavirus pandemic and the associated health and economic crisis, Moody’s has raised the outlook on Coface’s rating to stable. This decision reflects the underwriting actions taken by Coface to improve its risk profile, and increase its resilience to a potential increase in claims in the next 12 to 18 months.
In its press release, the ratings agency underlines that this rating “reflects the group's good position in the global credit insurance industry, strong economic capitalisation, underpinned by Coface's dynamic management of insured exposure, and good underwriting profitability through the cycle.”

Carine Pichon, Chief Finance & Risk Officer, commented:
“We welcome this improved outlook, which rewards the Coface teams’ work during the coronavirus crisis. It also recognizes Coface’s agility and resilience, which are at the heart of our culture, and our Build to Lead strategic plan.”

联系


中国大陆

程 驰
电话. +86 21 6171 8100
chloe.cheng@coface.com
 
中国香港
 
翟继志
电话. +852 2585 9188
leo.chak@coface.com
 
 
中国台湾
 
李圭之
电话. +886 2 7734 0287
grazia.li@coface.com

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