- Universal Registration Document 2022
- Coface country and sector risks handbook 2023: major trends of the world economy
- Universal Registration Document 2021
News and Publications
The successive shocks linked to the COVID pandemic and the war in Ukraine have had a clear negative impact on African economies. They have revealed, materialized and even exacerbated major structural weaknesses. Over-indebtedness and food insecurity, with their economic, political and social ramifications, are the chief hallmarks. Read our press release about it here.
Over the past quarter, Coface’s results amounted to €68m, a high level reflecting good management of the higher loss experience and tight cost control, with a combined ratio of 65.5% under the new IFRS 17 accounting standards.
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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The El Niño weather phenomenon, which is due to return in the 2nd half of 2023, is set to amplify the effects of climate change. Coface's forecasts point to major uncertainties for certain agricultural commodities (cereals, sugar, palm oil, citrus fruit) in the medium term, and significant risks for food security in certain regions of the world. Read our press release here.