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Coface

Results improve at Coface

Trade credit insurer Coface has announced an 8% increase in turnover to €764m (£672m) in the first half of 2011 (H1 2010: €708m).

Coface warns of increase in insolvencies

Xavier Denecker, managing director of trade credit insurer Coface for UK and Ireland, has warned of a slow and steady increase in UK insolvencies but stressed it would not be as “brutal” as during the depth of the recession.

PB December 2010: News round-up

Apple iPhone apps continue to be all the rage in the insurance industry. Aviva launched MyClaim, a free app enabling policyholders to file a motor insurance claim remotely from their iPhones.

Coface returns to profit

Trade credit provider Coface has announced operating profit of €89 million in the first nine months of the year compared to a loss of €240 million in the same period of 2009.

Liquidity dangers

Emmanuel Kenning reflects on the cash flow challenges facing broker managers in 2010

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