GLOBAL CREDIT INSURANCE MARKET 2019 BY COMPANY, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024

Feb 2019 122

Delivery of the Report will take 2-3 working days once order is placed.

Synopsis

Credit insurance or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. Credit insurance product is a type of property and casualty insurance.

Scope of the Report:
Global Credit Insurance market is expected to grow at a CAGR of 2.15% from 11011.9 million USD in 2017 to reach 12508.9 million USD by 2023. Demand for credit insurance continues to grow as new markets open up and trade continues to become more global. However, the market is clearly cyclical, with a strong correlation with GDP. Credit insurers faced weaker economic conditions that negatively affected their underwriting performance during 2013-2014.
The Global Credit Insurance market is expected to witness expansion in the near future. The credit insurance market is a huge market with low penetration. This market has a huge yet unrealized potential. Regulatory and insolvency frameworks vary widely between different countries, and although there is generally an upward trend in corporate insolvencies, the differences in frameworks and in reporting standards make comparison difficult. These factors have contributed to an increased awareness of and focus on trade risks on credit.
The global Credit Insurance market is valued at 11200 million USD in 2018 and is expected to reach 12500 million USD by the end of 2024, growing at a CAGR of 2.2% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Credit Insurance.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Credit Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Credit Insurance market by product type and applications/end industries.

Market Segment by Companies, this report covers
- Sinosure
- Euler Hermes
- Atradius
- Coface
- Zurich
- Credendo Group
- QBE Insurance
- Cesce

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Domestic Trade
- Export Trade

Market Segment by Applications, can be divided into
- Buyer: Turnover below EUR 5 Million
- Buyer: Turnover above EUR 5 Million

Table of Contents

Related reports :

(May 19)

Scope of the Report: The global Life Insurance market is valued at million USD in 2018 and is expected to reach million USD by the en...

(May 19)

Scope of the Report: The worldwide market for Cards and Payments is expected to grow at a CAGR of roughly over the next five years, w...

(May 19)

Scope of the Report: The worldwide market for Biometric ATM is expected to grow at a CAGR of roughly over the next five years, will r...

(Apr 19)

Chemical Management Services (CMS) is a business model in which a customer purchases chemical services rather than just chemicals. These ser...

(Mar 19)

E-commerce Payment is a transaction of buying or selling online. Electronic commerce payment draws on technologies such as mobile commerce, ...

(Mar 19)

An automated or automatic teller machine (ATM), also known as an automated banking machine (ABM), cash machine, cashpoint, cashline or hole ...

GLOBAL CREDIT INSURANCE MARKET 2019 BY COMPANY, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024


Share this report on:

Subscription Option


Using our subscription option, you get access to Market Research Reports and industry data of Banking and Financial Services market as per your needs. Get the best of Banking and Financial Services research reports by utilizing your research budgets in an optimum way. Contact for details

Contact for reports

*

Avail 15% Discount, Use MAY15 Coupon Code

We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy