Biz News Flash

Coface business may double

(China Daily)
Updated: 2011-05-27 14:16

Coface, one of the world's largest credit insurance companies, expects its business to double in China this year, after witnessing a 78 percent increase in 2010, the company's top management said on Thursday.

Together with Ping An Property and Casualty Insurance Co of China Ltd, Coface has provided domestic trade credit insurance since 2003.