Portland, OR -- (SBWire) -- 06/28/2018 --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.
Get Sample@ https://www.researchbeam.com/global-credit-insurance-by-manufacturers-countries-type-and-application-forecast-to-2023-market/request-sample
Scope of the Report:
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.
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 â€" dominate the market internationally, with a combined market share in 2016 of over 72%.
Geographically, the global Credit Insurance has been segmented into Western Europe, Eastern Europe, North America, Latin America, Middle East & Africa and Asia-Pacific. The Europe held the largest share in the global Credit Insurance market, its revenue of global market exceeds 72% in 2016. The next position is America. China and India have being the most populous country has fast growing Credit Insurance market.
The global Credit Insurance market is valued at 7750 million USD in 2017 and is expected to reach 8560 million USD by the end of 2023, growing at a CAGR of 2.0% between 2017 and 2023.
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 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Get 15% Discount on this Report@ https://www.researchbeam.com/global-credit-insurance-by-manufacturers-countries-type-and-application-forecast-to-2023-market/purchase-enquiry
Market Segment by Companies, this report covers
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)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Type I
Type II
Market Segment by Applications, can be divided into
Domestic Trade
Export Trad
Check Full Report with TOC@ https://www.researchbeam.com/global-credit-insurance-by-manufacturers-countries-type-and-application-forecast-to-2023-market
About Research Beam
Research Beam's uniqueness lies in its highly ethical reports at economical rates because we value your relationship and growth more than money. Your growth is our aim. With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency.
Contact Us:
Global Head Quarters
5933 NE Win Sivers Drive,
#205, Portland, OR 97220
United States
phone+1 (800) 910-6452
help@researchbeam.com
Global Credit Insurance Market by Manufacturers, Countries, Type and Application, Forecast to 2023
A brief overview of Global Credit Insurance Market is provided in the report based on product scope and market status & outlook.