Coface reports flat net income, higher insurance revenue in FY23 results

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Reinsurance News - Feb 28, 2024

Credit insurer Coface has reported its full-year 2023 results, with flat net income at €240.5 million and underwriting income growth of more than 13% to €395.4 million and a combined ratio, net of reinsurance, of 64.3%. Alongside flat net income, insurance revenue increased 2.9% year-on-year to €1.6...

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