Thursday 6 December 2018

Global Credit Insurance Market Expected To Boost The Industry Growth In The Near Future

Qyresearchreports include new market research report Global Credit Insurance Market Size,Status and Forecast 2018-2025 to its huge collection of research reports.

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.

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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.

The key players covered in this study
Euler Hermes
Atradius
Coface
Zurich
Credendo Group
QBE Insurance
Cesce

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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

The study objectives of this report are:
To analyze global Credit Insurance status, future forecast, growth opportunity, key market and key players.
To present the Credit Insurance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Access the full Report @ https://www.qyresearchreports.com/report/global-credit-insurance-market-sizestatus-and-forecast-2018-2025.htm

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