After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections - presidential and/or legislative - and in economic terms, with risks mounting on a still slowing global economy.
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In the future, climate change and inflation will make it hard for the tourism boom in southern Europe countries to last much longer.
Learn more about the challenges southern European countries will face in the coming years, and the opportunities ahead.
At the end of November, Xavier Durand, CEO of Coface, gave a comprehensive interview to the newspaper L'Agefi.
In this first part, he explains the consequences of conflicts around the world for companies, and what this means for Coface.
Despite challenges we detail in our latest publication, the payment behaviour has - counter-intuitively - improved over the years in the metals sector according to the results of our annual Germany payment surveys.Read More
The deterioration in corporate payment habits in France is echoed in insolvency numbers, with an undisputed increase observed since the start of the year that has even overshot pre-Covid levels. Learn more now.Read More
The 15th CEE Top 500 study provides an insight into the future and summarizes the region’s economic activity for the previous year. Moreover, it describes the condition of the 500 largest companies in CEE by their turnover.Read More
Country and Sector Risk Barometer Q3 2023: Macroeconomics put to the test by microeconomic deterioration
All the leading indicators point to a sharp slowdown in activity in North America and the Eurozone towards the end of the year, and the recovery of the Chinese economy has rapidly collided with structural weaknesses and a lack of confidence among households and businesses. In this context, we have modified 7 country risk assessments (2 upgrades and 5 downgrades) and 33 sector risk assessments (17 upgrades and 16 downgrades).
More in our latest barometer.
After a slowdown in 2023 mainly due to lower energy production and prices, 2024 is expected to be a year of higher economic growth for the Gulf Cooperation Council (GCC) countries as, after several months of pessimism about global oil demand, prices have been on the rise since summer. But all countries are not equal…Read More
This portal offers Coface’s customers a complete suite of API solutions developed by Coface to enable them to integrate its services, expertise and unique data directly into their business ecosystem.
This initiative illustrates Coface's willingness to provide higher connectivity to its customers via advanced digital solutions designed to optimise credit risk management.
The rating agency Moody’s, on 28th September 2023, has upgraded the financial strength rating (Insurance Financial Strength Rating – IFSR) for Coface to A1 from A2. The agency has also changed the outlook for Coface to stable from positive.Read More
Coface uses advanced Data Science technologies such as Artificial Intelligence, Machine Learning and predictive analysis to better anticipate commercial risks for the benefit of its customers.
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While the global macroeconomic outlook remains uncertain, the transport sector has recorded the highest number of risk assessment upgrades in the latest Coface barometer.
Read our expert's analysis now.