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Credit Insurance Market Expected to Reach 9210 million US$ by the end of 2025

09-21-2018 04:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, Inc. 

Credit Insurance Market Expected to Reach 9210 million US$ by

This report focuses on the global Credit Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Credit Insurance development in United States, Europe and China.

Trade 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.

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.

Three major European groups – Euler Hermes, Atradius and Coface – dominate the market internationally, with a combined market share in 2017 of over 71%.

Geographically, the global Credit Insurance has been segmented into Europe, North America, South America, Asia-Pacific, Middle East & Africa and The Europe held the largest share in the global Credit Insurance market, its Premiums of global market exceeds 68% in 2017 The next position is Middle East & Africa. China and India have been the most populous country has fast growing Credit Insurance market.

In 2017, the global Credit Insurance market size was 7790 million US$ and it is expected to reach 9210 million US$ by the end of 2025, with a CAGR of 0.2 during 2018-2025.

Request Sample Copy of this Report @https://www.qyresearch.com/sample-form/form/713070/global-credit-insurance-market

The key players covered in this study

Euler Hermes

Atradius

Coface

Zurich

Credendo Group

QBE Insurance

Cesce

Market segment by Type, the product can be split into

Domestic Trade

Export Trade

Market segment by Application, split into

Buyer: Turnover below EUR 5 Million

Buyer: Turnover above EUR 5 Million

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

Request to Buy Full Report@ https://www.qyresearch.com/settlement/pre/2fb51fe2949fc5d59b96778210f828ce,0,1,Global%20Credit%20Insurance%20Market%20Size%252C%20Status%20and%20Forecast%202018-2025

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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