- More than 6,600 employees
- More than 135,000 clients around the world
- 45% out of 500 top multinational corporations are Coface clients
- 70% of all Coface clients are international companies, most of those being small and medium businesses
- Directly present in 65 countries and indirectly present (via partners) in 32 more countries
- CreditAlliance * an international network that provides access to credit insurance
In France Coface goes on as a provider of insurance coverage for short- and medium term export guarantees issued by the French Government.
*CreditAlliance is a first global network of credit insurance partners established by Coface in 1992. The network brings together companies which provide credit insurance, factoring, and business information in around 100 countries of the world. All partners provide services according to the same standards which are adapt to changes in world trade thanks to exchanges of information and expertise.
Key Figures
Key Figures in 2009-2011
In €M | 2009 | 2010 | Change | |
M€ | % | |||
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Total turnover | 1,563 | 1,622 | 59 | 4% |
- Credit insurance | 1,249 | 1,311 | 61 | 5% |
- Factoring | 102 | 121 | 19 | 19% |
- Services | 212 | 190 | - 22 | - 10% |
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Claims expenses | 1,040 | 602 | - 438 | - 42% |
Loss ratio | 98% | 53% | - 45 pts |
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Current operating profit | - 249 | 154 | + 403 |
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Other non-recurring expenses | 0 | - 48 | - 48 |
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Operating profit | - 249 | 106 | + 355 |
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Net profit | - 163 | 61 | + 224 |
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Coface Rated by Top Global Agencies:
Agencies | Ratings | Outlook |
Moody’s | A2 | Stable |
Fitch | AA- | Stable |
