- Universal Registration Document 2022
- Coface country and sector risks handbook 2023: major trends of the world economy
- Coface: A world of trade
News & Publications
Companies in China report shorter payment delays in 2022 and expect higher economic growth in 202305/23/2023
Coface’ survey shows that fewer firms encountered payment delays in 2022. 40% of respondents reported overdue, down from 53% in 2021. The average payment delay was shortened from 86 to 83 days in 2022. More information here and in our publication.
COFACE SA: AM Best affirms Coface’s main operating subsidiaries rating at A (Excellent) with a stable outlook05/22/2023
The rating agency AM Best affirmed on 19 May 2023 the A (Excellent) Insurer Financial Strength – IFS rating of Compagnie française d’assurance pour le commerce extérieur (la Compagnie), Coface North America Insurance Company (CNAIC) and Coface Re. The outlook for these ratings remain “stable”.
US: Economic resilience could be further tested by a debt ceiling showdown05/22/2023
The United States could run out of cash as early as June 1 if Congress does not suspend or raise the debt ceiling.
As the deadline approaches and a political comprom Janet Yellen recently warned that the US could run out of cash as early as June 1st if Congress does not suspend or raise the debt limit. As a reminder, the debt ceiling is set at 31.4 trillion USD, an amount reached in January 2023. Since then, the federal government has relied to "extraordinary measures" to meet its obligations.
7 tips for effective credit management and avoid business risks05/15/2023
Preventing delinquencies or collecting receivables immediately is critical to the survival of many companies. To help you gain insight into your own credit management and improve your business risk prevention, here are 7 tips to better protect your business.