News

Can China shield its economy from the impact of COVID-19?

04/15/2020

Due to the current coronavirus (COVID-19) pandemic and its impact on the global economy, it is unlikely that China will be able to achieve its 2020 growth target. Coface forecasts a growth rate of 4% for the Chinese economy in 2020.

Read more

COVID-19 swings the spotlight back onto emerging countries’ debt

05/04/2020

While the focus has mainly been on China, Europe and the USA so far, the consequences of the Coronavirus pandemic are likely to be even more severe in emerging countries.

Read more

First quarter shows solid operational performance but is impacted by the initial effects of the COVID-19 crisis

04/23/2020

Xavier Durand, Coface CEO, commented: “The coronavirus crisis presents an unprecedented shock for our economies and for the credit insurance industry. First and foremost, I am very proud of our teams’ successful efforts to continue supporting our customers despite the containment measures (...)"

Read more

Coface Barometer: COVID-19 - heading towards a sudden global surge in business insolvencies

04/07/2020

At first, the COVID-19 epidemic in China only affected a limited number of value chains – but it has since turned into a global pandemic. Its repercussions have created a double shock – supply and demand – that is affecting a large number of industries in all over the world.

Read more

Fitch places Coface on Rating Watch Negative

03/31/2020

The rating agency Fitch has, on 31 March 2020 placed Coface on Rating Watch Negative. This includes Coface’s Insurer Financial Strength (IFS) rating.

Read more

Review of the credit insurance sector by Moody's

03/27/2020

The rating agency Moody's confirmed Coface’s Insurance Financial Strength (IFS) A2 rating on 27 March 2020. The outlook for this rating has been changed to negative.

Read more
All the news

Partners

  • PING-AN_square100
      Credit Insurance Partner
     
    Our Partner in Mainland China.
    Ping An Property & Casualty Insurance Company of China ltd. is the subsidiary of Ping An Group, the second largest P & C Insurance company in China.
     
     
    In 2003, Coface supported Ping An P & C Insurance Company of China Ltd. to launch the 1st short term domestic trade credit insurance in Mainland China, protecting local enterprises against the risk of non-payment.
     

    watch more

Contact

HONG KONG S.A.R.
29/F, Lee & Man Commercial Center
169 Electric Road
North Point, Hong Kong
T. +852 2585 9188
F. +852 2585 9100
coface.hk@coface.com
 
 
MAINLAND CHINA
Suite 1319-1330, Shanghai Central Plaza
381 Middle Huaihai Road
Shanghai 200020, P.R. China
T. +86 21 6171 8100
F. +86 21 6288 0009
shanghai@coface.com
 
 
TAIWAN
Room A5, 6/F, No 16
Section 4, Nanjing East Road
Taipei 10553, Taiwan, ROC
T. +886 2 2577 5797
F. +886 2 2577 5795
taipei@coface.com
CONTACT US
  • English
  • 简体
  • 繁體