Rating agency A.M. Best has just assigned Coface North America Insurance Company the A (Excellent) Insurer Financial Strength (IFS) rating, with stable outlook.
Report commissioned by leading trade credit insurers proposes government reinsurance policy to support U.S. economy
After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipent recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity from the US Federal Reserve.
Coface announces the closing of the acquisition of GIEK Kredittforsikring AS, a company that manages a short-term export credit insurance portfolio.
Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, liquidity guarantees, it is likely that many firms will find themselves in difficulty.
Early 2020 marked by a sudden interruption in world trade, hampered by a global recession and soaring uncertainty
Economic Impacts & Business Prospects for the America and Asia
