Fitch affirms Coface at AA-. Coface stock sits 11.58 percent below its high

Published on 10/20/2026 at 19:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coface discusses third-quarter results on November 2, 2026. Coface stock costs EUR 15.58 on October 20, 2026, down 0.83 percent versus the Euronext close.

Fitch rating and reporting date

Fitch affirmed Coface's AA- insurer financial strength rating on October 9, 2026.
Coface reported EUR 108.00 million of first-half net income and a 71.30 percent combined ratio.
Coface stock costs EUR 15.58 at Lang & Schwarz on October 20, 2026, down 0.83 percent versus the Euronext close of October 19, 2026.
Coface discusses third-quarter results on November 2, 2026.

Editorial-Aufnahme eines Börsenhandelssaals mit Bildschirmen und Finanzcharts in Paris — Coface SA (ISIN FR0000064784) wird an der Euronext Paris gehandelt, dargestellt durch diesen belebten Börsen-Handelssaal, Illustration mit AI erstellt.

Coface (ISIN FR0010667147) had its insurer financial strength rating affirmed at AA- by Fitch Ratings on October 9, 2026, while Coface stock sat 11.58 percent below its 52-week high. Fitch also affirmed Coface's A+ long-term issuer rating. At Lang & Schwarz, the stock was trading at EUR 15.58 on October 20, 2026 at 7:30 p.m. CEST, down 0.83 percent versus the Euronext close of EUR 15.71 on October 19, 2026.

Capital remains a key support

Fitch highlighted Coface's Solvency II ratio of 194.00 percent at the end of the first half of 2026. That level stood above the company's target range of 155.00 to 175.00 percent, giving the insurer a measurable capital buffer.

The rating agency also reported first-half net income of EUR 108.00 million, down 13.00 percent from EUR 124.00 million a year earlier. The net combined ratio was 71.30 percent in the first half of 2026, unchanged from the first half of 2025, while the net loss ratio improved to 37.40 percent.

Stock stays below its yearly high

Coface's 52-week range runs from EUR 14.02 to EUR 17.62, placing the Lang & Schwarz price EUR 2.04 below the high and EUR 1.56 above the low. The company operates in specialty insurance, with trade credit insurance as its main business and information services, factoring and surety activities as additional lines.

Fitch said gross credit insurance exposure reached EUR 759.00 billion at the end of the first half of 2026, up from EUR 724.00 billion at the end of 2025. The same report said fee-based activities represented 20.00 percent of revenue at the end of the first half of 2026.

What comes next for Coface?

Coface's investor-relations page schedules a conference call on November 2, 2026 at 6:00 p.m. CET to discuss third-quarter 2026 results. The date gives investors a defined point for testing whether underwriting performance and capital strength remain consistent with the figures reported for the first half.

Price and investor view

The current euro quotation is EUR 15.58 at Lang & Schwarz on October 20, 2026 at 7:30 p.m. CEST. Against the Euronext close of October 19, 2026, the move is down 0.83 percent, while the stock remains 11.58 percent below its 52-week high of EUR 17.62.

The further course of trading is shown by the continuously updated real-time quote of Coface stock.