Credit insurer Coface made pre-tax profits of £70m for the 2000 financial year, up 24% on 1999's figure of £56.6m. Sales for the period were up 14.6% year-on-year to £520m.
Francois David, Coface's group president and managing director, said the results were testimony to the group's capacity to anticipate and adapt to the new needs of global commerce.
Coface's rating system for companies @rating is now up and running and David said: “@rating enhances the Coface renown and buttresses its traditional business.”
The group forecast solid gains on sales and net profits for the year ahead.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
