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Arch closes Natixis deal acquiring 29.5% stake in Coface 11-02-2021 31-03-2021 Bermuda-based Arch Capital Group has acquired a 29.5 percent stake in trade credit insurer Coface from French corporate investment banking firm Natixis, having received all necessary approvals following satisfaction of antitrust and regulatory conditions. The rest of this article is locked. Please login to continue reading.
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Coface SA: COFACE SA: Governance evolution - Bernardo Sanchez Incera appointed Chairman of the Board of Directors COFACE SA: Governance evolution - Bernardo Sanchez Incera appointed Chairman of the Board of Directors Following the change in the shareholder base and the arrival of Arch Capital Group Ltd. (Arch) - (NASDAQ: ACGL) - in Coface s capital, COFACE SA s Board of Directors is evolving. Bernardo Sanchez Incera has been appointed Chairman of the Board of Directors. The transaction between Natixis and Arch for the sale of a stake in Coface s capital, which was announced on 25 February 2020, has received all the necessary approvals for its closing. As a result, Arch now holds 44.8m shares of Coface, representing 29.5% of the company s capital. ....
Coface SA: COFACE SA: FY-2020 results: Net income at €82.9m and 100% pay-out ratio FY-2020 results: Net income at €82.9m and 100% pay-out ratio • - Trade Credit Insurance decreasing by -0.8% at constant scope and FX - Client retention reaches new record levels. New business increasing to €138m - Improving pricing conditions confirmed and lower client activity continues Net loss ratio at 47.7%, up by 2.7 ppts. Annual net combined ratio at 79.8% (84.5% excluding the effect of government schemes) Q4-2020 net loss ratio at 18.3% (33.1% excluding government schemes), due to strong management of past claims and low level of new claims Annual net cost ratio improved by 0.6 ppt to 32.1%, reflecting costs control in the current environment ....
Ocena ryzyka krajów wg Coface IV kw. 2020 egospodarka.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from egospodarka.pl Daily Mail and Mail on Sunday newspapers.