Coface warns of increase in insolvencies

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

He warned: "For the UK the level of insolvencies of Coface, and as far as we know our competitors, is low at the moment. It is low at an absolute level because companies which had to fail already failed.

"They are low relative to the premium because during the crisis premium increased. We do not expect this positive situation to last indefinitely [just] as during the crisis we were confident that the horrible situation in which we were would not last for eternity."

Mr Denecker struck an upbeat

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.