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Trade Credit Insurance Market Share

Report ID: GMI6126
Published Date: Jun 2023
Report Format: PDF

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Trade Credit Insurance Market Share

Some major players operating in the trade credit insurance market are

American International Group, Inc
Aon Plc
Atradius
Chubb
Coface
Credendo
Export Development Canada (EDC)
Euler Hermes
Great American Insurance Company

These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They heavily invest in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for trade credit insurance reached 9.2 billion in 2022 and will record 10.2% CAGR from 2023-2032 driven by the surging need to limit the risk of non-payment from foreign buyers.

Trade credit insurance industry share from the automotive industry is estimated to exceed USD 2.2 billion by 2032 due to the changing consumer tastes, government regulations, and relative pricing.

Europe held more than 35% of the trade credit insurance industry share in 2022 owing to the presence of economic stability and well-established legal frameworks in the region.

American International Group, Inc, Aon Plc, Atradius, Chubb, Coface, Credendo, Export Development Canada (EDC), Euler Hermes, and Great American Insurance Company are some of the key trade credit insurance providers