French credit insurer Coface SA’s net income grew by 10% year-on-year to €142.3 million ($156 million) in the first half of this year, Reinsurance News reported. The insurer said that trade credit insurance premiums fell 5.3% due to a decline in inflation and the absence of a rebound in client activities. Gross earned premiums also decreased 6% to $754.3 million.
