#Corporate news
COFACE SA: AM Best upgrades the Long-term Issuer Credit Ratings to ‘a+’ (Excellent) with a stable outlook
The rating agency AM Best, on 29th May 2024, has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to ’a+’ (Excellent) from ‘a’ (Excellent) and affirmed the Financial Strength Rating – IFS rating of A (Excellent) of Compagnie française d’assurance pour le commerce extérieur (la Compagnie), Coface North America Insurance Company (CNAIC) and Coface Re. The outlook for these ratings is “stable”.