Press release
Credit Insurance Market Growth, Trend and Future Opportunity 2020-2026
The Credit Insurance Market report is a collection of useful information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
According to the study, the global Credit Insurance market size was 11.2 billion US$ and it is expected to reach nearly 14 billion US$ by the end of 2025, with a CAGR of around 3% during 2019-2025.
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The prominent players in the global Credit Insurance market are:
Sinosure, Euler Hermes, Atradius, Coface, Zurich, Credendo Group, QBE Insurance, Cesce
Atradius, and others, request free sample for complete list of companies.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last five years are identified. The trends and strategies section highlights the likely future developments in the market and suggests approaches.
Summary
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.
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.
News and updates
12 Sep 2019: As trade war deepens, a state-owned insurer in China helps soften the blow
BALTIMORE, Md. - 26 JANUARY 2016 Euler Hermes launches trade credit insurance solution for U.S. small businesses
19 Aug, 2019- Atradius Trade Credit Insurance settles US sanctions violations
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https://www.marketinsightsreports.com/reports/04041175703/global-credit-insurance-market-size-status-and-forecast-2019-2025?source=OpenPr&Mode=31
Market segment by Types, Applications and regions
Market segment by Types
Domestic Trade
Export Trade
Market segment by Application
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
Research objectives of the global Credit Insurance market
To study and analyze the global Credit Insurance market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Credit Insurance market by identifying its various subsegments.
Focuses on the key global Credit Insurance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Credit Insurance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Credit Insurance submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Browse Related Reports:
Cyber Insurance Market
https://www.marketinsightsreports.com/reports/01301073892/global-cyber-insurance-market-size-status-and-forecast-2019-2025?source=OpenPr&Mode=31
Critical Illness Insurance Market
https://www.marketinsightsreports.com/reports/0704666362/global-critical-illness-insurance-market-size-status-and-forecast-2025?source=OpenPr&Mode=31
References/ Sources:
- https://www.channelnewsasia.com/news/business/as-trade-war-deepens--a-state-owned-insurer-in-china-helps-soften-the-blow-11899560
-https://www.eulerhermes.com/en_global/media-news/news/press-release-eh-simplicity-us-012516.html
- https://www.spglobal.com/marketintelligence/en/news-insights/trending/_HRlvqETt91I_XyL4YwSYg2
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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