Press release
Credit Insurance Market Size | Growth | Forecast to 2025
Verified Market Research
According to Verified Market Intelligence, the Global Credit Insurance Market was valued at USD 6.12 billion in 2017 and is projected to reach USD 7.44 billion by 2025, growing at a CAGR of 2.5% from 2018 to 2025.
Credit Insurance is an asset purchased to compensate the amount a person is unable to pay or is indebted of due to any mishap say, unemployment, death, etc. Credit financials helps by saving financial options for companies as well as individuals. The scope of credit insurance has been growing as customers are getting aware of the policies. It has various other aspects to consider such as trade insurance and risk assessment. Risk assessment and Debt collection records are maintained before sanctioning credit insurance.
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The awareness among the population from various geographical regions and the vast choice of distribution channels has been coming in the market and acts as potential drivers for the global credit insurance market. Apart from this, volatile nature of the market has been affecting the overall market at a global level.
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Competitive Landscape:
The major players in the market are as follows:
• Euler
• Atradius
• Coface
• Zurich Insurance Group Ltd
• Credendo Group
• QEB Insurance Group Ltd
• CESCE
• AIG
• Equinox
• Chubb 79
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To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Intelligence.
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Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources. Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data.
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