Healthcare Creditor Insurance Market Increasing Demand, Growth Analysis and Future Outlook by 2031
Global healthcare creditor insurance market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). Pivotal factors such as cohesive government policies, escalating complexity and volume of financial transactions within the healthcare sector, among others are driving the healthcare creditor insurance market. As healthcare expenses surge globally, individuals frequently resort to loans or credit arrangements to address medical costs not fully covered by insurance. Healthcare creditor insurance offers safeguarding to healthcare providers or financial institutions in instances where patients fail to settle debts due to prolonged illness, disability, or demise. Given the increasing demand for healthcare services and the uptick in chronic illnesses, the necessity for healthcare creditor insurance is projected to surge, thereby fueling market growth.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/healthcare-creditor-insurance-market
In November 2023, Zurich Insurance Group announced a strategic partnership with Kotak Mahindra Bank Limited, aiming to secure a majority stake of 51.0% in Kotak Mahindra General Insurance Company Limited for a total of $488.0 million. This collaboration reflects Zurich's strategic initiative to expand its presence in the insurance sector and further strengthen its position in the Indian market. By acquiring a significant ownership in Kotak Mahindra General Insurance Company Limited, Zurich aims to leverage synergies and capitalize on growth opportunities within the insurance industry.
In January 2023, Coface completed the acquisition of Rel8ed, a move intended to enhance its trade credit insurance offerings by leveraging Rel8ed's advanced analytical capabilities and robust business information resources. This strategic acquisition underscores Coface's commitment to bolstering its capabilities in providing risk management solutions to businesses across various industries. By integrating Rel8ed's analytical expertise and business insights into its operations, Coface aims to enhance its ability to assess and manage credit risk effectively, thereby delivering greater value to its clients and stakeholders.
Global Healthcare Creditor Insurance Market Report Segment
By Age Group
• Pediatric
• Adult
• Geriatric
By Distribution Channel
• Direct Sales
• Brokers and Individual Agents
• Bankers
A full report of Healthcare Creditor Insurance Market available @ https://www.omrglobal.com/industry-reports/healthcare-creditor-insurance-market
Healthcare Creditor Insurance Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Allianz Care
• Assicurazioni Generali S.p.A.
• American International Group, Inc.
• Atradius N.V
• Credendo
• Euler Hermes Group
• IFFCO-Tokio General Insurance Company Limited
• QBE Insurance Group Ltd.
• Securian Financial Group, Inc.
• The Manufacturers Life Insurance Company (Manulife)
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