Insurance Day
Natixis strategic reorganisation drives Coface rating down to A
Fabien Buliard, Paris
FRENCH credit insurer Coface has seen its insurer financial strength rating downgraded by one notch by Standard & Poor’s (S&P),
to “A” with a stable outlook, following the announcement of a strategic reorgan isation at troubled parent company Natixis,
writes Fabien Buliard.