Global Credit Insurance Market Analysis 2019-2024 by Leading Companies: Sinosure, Euler Hermes, Atradius, Coface, Zurich, Credendo Group, QBE Insurance, Cesce

ReleaseWire

Pune, India -- (SBWIRE) -- 02/15/2019 -- 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.

Scope of the Report:
Global Credit Insurance market is expected to grow at a CAGR of 2.15% from 11011.9 million USD in 2017 to reach 12508.9 million USD by 2023. 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.

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.

The global Credit Insurance market is valued at 11200 million USD in 2018 and is expected to reach 12500 million USD by the end of 2024, growing at a CAGR of 2.2% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Credit Insurance.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Credit Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Credit Insurance market by product type and applications/end industries.

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Market Segment by Manufacturers, this report covers
- Sinosure
- Euler Hermes
- Atradius
- Coface
- Zurich
- Credendo Group
- QBE Insurance
- Cesce

Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Domestic Trade
- Export Trade

Market Segment by Applications, can be divided into
- Buyer: Turnover below EUR 5 Million
- Buyer: Turnover above EUR 5 Million

Browse full table of contents and data tables at
https://www.marketresearchnest.com/Global-Credit-Insurance-Market-2019-by-Company-Regions-Type-and-Application-Forecast-to-2024.html

There are 15 Chapters to deeply display the global Credit Insurance market.
Chapter 1, to describe Credit Insurance Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Credit Insurance, with sales, revenue, and price of Credit Insurance, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Credit Insurance, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Credit Insurance market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;
Chapter 13, 14 and 15, to describe Credit Insurance sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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For more information on this press release visit: http://www.sbwire.com/press-releases/global-credit-insurance-market-analysis-2019-2024-by-leading-companies-sinosure-euler-hermes-atradius-coface-zurich-credendo-group-qbe-insurance-cesce-1147957.htm