Silicon Valley Bank’s failure highlights heightened financial stability risks amid monetary tightening
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Coface’s commitment to equity
Gender equality, equal pay and career development… as we celebrate International Women's Day, what progress has Coface made? And what commitments have we made for the years ahead? We answer these questions here.Read More
How United is the Kingdom? The Northern Ireland Protocol and Nicola Sturgeon’s resignation
The U.K. is currently experiencing political turmoil, adding to an already difficult economic situation. Read our brief analysis of the situation.Read More
Türkiye: Earthquakes raise inflation risk and political uncertainty
On February 6, the south eastern provinces of Türkiye were hit by earthquakes that killed over 40,000 people in Türkiye and Syria. This toll, far from being definitive, could double according to the United Nations. Retrouvez notre communiqué de presse sur les retombées économiques de cette catastrophe. Read our press release on the economic impact of this disaster.Read More
FY-2022 results: record net income at €283.1m and 80% pay-out ratio
Coface releases its FY-2022 results: record net income at €283.1m and 80% pay-out ratioRead More
Coface country and sector risks handbook 2023: major trends of the world economy
Coface launches the 2023 edition of its Country & Sector Risks Handbook in a brand new format but as always with our much anticipated country and sector risk assessments.Read More
Appointment of Jonathan STEENBERG as Coface economist for the United Kingdom and Ireland
Coface is pleased to announce the appointment of Jonathan Steenberg as Economist for the United Kingdom and Ireland. He reports to Bruno De Moura Fernandes, head of macroeconomic Research at Coface and is based in London.Read More
From excessive pessimism to excessive optimism - Coface Barometer Q4 2022
2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Second, the prospect of a rebound in China in the second half of the year, also raises hopes for the global economy. In this context, Coface's risk assessments have changed only slightly, with 5 changes for country risks and 16 changes for sector risks. Discover which ones in our latest barometer.Read More
Coface acquires North America data analytics boutique Rel8ed
Coface announces today the acquisition of North American data analytics boutique Rel8ed.Read More
Is the "insolvency paradox" nearing its end?
Should we expect a widespread rise in claims and corporate insolvencies? Jean-Christophe Caffet, Coface Chief Economist, provides some answers.Read More
What are the essential insurances for any business (according to Forbes)?
It comes as no surprise for us, Forbes magazine lists credit insurance as a must-have for all businesses.Read More
Recession, inflation, Ukraine, China, monetary policy... 2023 as seen by Jean-Christophe Caffet, Coface Chief Economist
The French media Wansquare asked a panel of economists and leaders of large companies to give their forecasts for 2023. Read the answers Jean-Christophe Caffet, Chief Economist at Coface, gave them.Read More
China reopening has a positive but gradual impact on consumption
China has started its reopening process faster than expected. The economic, social, and fiscal costs of the zero-covid policy have created many uncertainties for the economy. Here is our forecast for 2023.Read More
Netherlands Outlook 2023: It Ain’t Over ‘Til it’s over
Our NER economist Christiane von Berg shares her forecast for 2023 in the Netherlands.
Fitch confirms Coface AA- rating
The rating agency Fitch, on 23 November 2022, affirmed Coface AA- Insurer Financial Strength (IFS) rating. The outlook remains stable.Read More
What is the outlook for the semiconductor industry with its proven economic and geostrategic importance?
In the medium and long term, the technological competition between the main economies in semiconductor manufacturing raises concerns: oversupply, mismatch between industry needs and the ability of supply chains to follow... Understand here the challenges of the sector.Read More
Auto industry on front line of transition to carbon neutrality
The battle for leadership and innovation in metals and technologies is raging, and the global stakeholders have embarked on a fierce competition. More in our article.Read More
Lithium: large-scale industrial opportunities but limited medium-term supply
With the conversion to electric vehicles under greater scrutiny than ever, lithium is making its mark as a strategic raw material of vital importance.Read More
Coface reports a new record result of €84.0m in Q3-2022
Coface reports a new record result of €84.0m in Q3-2022. Annualised return on tangible equity at 16.4%Read More
Social unrest set to rise as socio-economic pressures mount around the world
While the sources of economic uncertainty are legion, new political disturbances could be added to their ranks. The new geopolitical landscape opened up by Russia's actions could reawaken risks in other global hot spots.
More about those hot regions and countries.
A cold chill on the global economy - Q3 2022 Barometer
Beyond the repercussions of the war in Ukraine, the global monetary tightening and the multiple constraints on Chinese growth paint a gloomy outlook. In the short term, the economy seems to be settling into a regime of "stagflation", where almost no growth and rapidly rising prices coexist. The possibility of a global recession, meanwhile, is becoming clearer.
In this context, Coface is making general downward revisions to its GDP growth forecasts and its country and sectoral assessments. Check them out!