Results improve at Coface
The insurer said that its combined operating ratio improved to 78.3% in the first six months of 2011 compared to 90.8% in the same period of 2010.
It added that this had lead to an improvement in net income to €64m for the period (H1 2010: €29m).
In a statement the company said: "The results for the first half of 2011 confirm the recovery of Coface and the relevancy in the refocusing of credit insurance announced in March 2011.
"A complete strategic review of the business lines and activities
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.
Copyright Infopro Digital Limited. All rights reserved.
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]
Copyright Infopro Digital Limited. All rights reserved.
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]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Seventeen Group buys Ryan's
- Seventeen Group set to announce two more deals following swoop for Ryan's
- RSA takeover to be completed in May
- Zurich’s UK underwriting officer exits for global role
- Ardonagh Advisory to purchase PMI specialist Usay Group
- Seventeen Group snaps up Ruislip-based broker
- SchemeServe creates scheme sharing facility with capacity from seven providers