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 :

(Mar 19)

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

(Mar 19)

Travel insurance is only a very small part of the overall general insurance market, it covers is available for single trip, annual multi-tri...

(Mar 19)

Mobile insurance refers to a type of insurance cover which is available to protect your mobile, iPhone or PDA in the event it is lost, stole...

(Mar 19)

There is no standard definition for specialty insurance, in this report, specialty insurance includes high-hazard insurance, non-standard ge...

(Mar 19)

A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS). Originally developed for the corporate debt mark...

(Mar 19)

This report studies the Online Recruitment market, Online Recruitment is through the use of IT technical in network systems, help enterprise...

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

*

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