Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Credit Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Credit Insurance. This report contains market size and forecasts of Credit Insurance in global, including the following market information:
Global Credit Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Credit Insurance market was valued at US$ 12610 million in 2022 and is projected to reach US$ 14500 million by 2029, at a CAGR of 2.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Four major groups ?Euler Hermes, Sinosure, Atradius and Coface ? dominate the market internationally, with a combined market share of over 75%.
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 48%.
We surveyed the Credit Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Credit Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Credit Insurance Market Segment Percentages, by Type, 2022 (%)
Domestic Trade
Export Trade
Global Credit Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Credit Insurance Market Segment Percentages, by Application, 2022 (%)
Buyer: Turnover below EUR 5 Million
Buyer: Turnover above EUR 5 Million
Global Credit Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Credit Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Credit Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Credit Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Euler Hermes
Sinosure
Atradius
Coface
Zurich
Credendo Group
QBE Insurance
Cesce
Outline of Major Chapters:
Chapter 1: Introduces the definition of Credit Insurance, market overview.
Chapter 2: Global Credit Insurance market size in revenue.
Chapter 3: Detailed analysis of Credit Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Credit Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
