Coface: credit rating upgraded by AM Best

(CercleFinance.com) - Coface reports that rating agency AM Best has upgraded its issuer credit rating (Long-Term ICR) from 'a' (Excellent) to 'a+' (Excellent) and has confirmed its financial strength rating (IFS) of 'A' (Excellent) with a 'stable' outlook.


In its press release, the agency stresses that these ratings 'reflect Coface's financial strength, considered very strong by AM Best, as well as a strong operating performance, a favorable business model and appropriate risk management'.

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