Power the Core strategic plan

Our Power the Core strategic plan builds upon the successes of previous strategies, Build to Lead and Fit to Win, with ambition to build a best-in-class global trade credit ecosystem. Learn more about what this means for our customers, employees, and other stakeholders. 

Power the Core logo in a city landscape

Develop a global ecosystem of reference for credit risk management

Strategic plan 2024-2027
1- Reach data and technology excellence a- Build differentiating new data and scoring capabilities b- Invest in technology to offer full connectivity to our clients. ; 2- Deepen and broaden our trade credit insurance franchise a- Underwrite with courage and discipline b- Stimulate customer-oriented profitable growth c- Deliver on simplification of the client experience ; 3- Pursue profitable double-digit growth in business information services a- Keep building sales teams with consistency b- Broaden data sourcing and expand use cases c- Upgrade IT platforms ; 4- Leverage our unique culture a- Enhance attractive employer value proposition b- Deliver on our CSR commitments
picture showing how Coface wants to develop an ecosystem of reference for credit risk management

 

Financial targets as explained in the following text

Financial targets through the cycle

  • Undiscounted combined ratio: ~78%
  • RoATE* (Return on average tangible equity): 11%
  • A solvency ratio towards the upper end of the range: 155-175%
  • Payout ratio: ≥80%
  • Business Information contribution to 2027 RoATE*: 0,5%

*At the current level of interest rate environment

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