COFACE’S RESPONSE TO YOUR NEEDSCoface also stands out by supporting you in cases involving exposure to the rarest, most unlikely and longer risks or risks that are exclusive to your market. We know that requirements vary significantly from one business to another, so we have designed a unique range of modular cover to cover political and trade risks for medium term projects.
After 6 months, the Chinese government imposes a ban on iron ore exports to keep it for the domestic market, making it impossible for the Chinese miner to send its shipments.
Coface indemnifies the amount of advance payment not yet reimbursed by shipments, helping the company to minimize its loss.
OUR OFFER TAILORED TO YOUR NEED
Changing legislation, contract breaches, expropriation, nationalisation, armed conflict, labour unrest, acts of terrorism, etc.
Because the world is unstable, Coface offers its “Single Risk” solution to companies and financial institutions exposed to commercial and political risks abroad