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Trade Credit Insurance Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5790587
The trade credit insurance market size has grown strongly in recent years. It will grow from $11.22 billion in 2023 to $12.26 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. Historical growth is attributed to factors such as global economic uncertainty, the expansion of markets and international trade, risk mitigation support for small and medium enterprises (SMEs), compliance with regulatory standards, as well as enhanced access to financing and improved credit terms.

The trade credit insurance market size is expected to see strong growth in the next few years. It will grow to $17.48 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The anticipated growth in the forecast period is tied to global trade volatility, a heightened emphasis on supply chain resilience, the digitalization of trade finance, the emergence of new market players, and strategic risk management in a post-pandemic context. Major trends in this period encompass the utilization of blockchain for heightened security, a surge in demand for non-cancellable policies, strategies for mitigating supply chain disruptions, ongoing changes in regulatory frameworks, and the rise of parametric insurance solutions.

The trade credit insurance market is poised for growth due to the surge in global trade activities. This insurance shields receivables from credit risks in international trade. A notable increase in world trade, reaching $28.5 trillion in 2021 according to UNCTAD data from February 2022, indicates a growing demand for trade credit insurance, driven by escalating import and export activities worldwide.

Anticipated economic fluctuations and uncertainties are poised to fuel the growth of the trade credit insurance market. These fluctuations, encompassing changes in GDP growth, stock market volatility, and exchange rate fluctuations, significantly impact businesses and individuals, influencing risk landscapes and insurance factors. For example, a report by the Office for National Statistics in September 2020 highlighted that economic uncertainty had a considerable impact on the turnover of more than a third (35%) of businesses by October 2022, showcasing the importance of these fluctuations in trade credit insurance.

Technology advancements are a significant trend shaping the trade credit insurance market, prompting major players to focus on developing innovative solutions. In October 2021, LiquidX, a US-based financial technology solutions provider, launched its InBlock Digital Policy Management pilot, leveraging Distributed Ledger Technology (DLT), smart contracts, and artificial intelligence (AI). This pioneering solution automates policy administration and compliance, integrating trade credit insurance policies into financial workflows. Through collaboration with financial institutions and businesses, LiquidX aims to enhance the efficacy and user experience of this innovative technology, automating management for multi-buyer and single-buyer insurance programs.

Prominent players in the trade credit insurance market are innovating their product offerings to cater to evolving business needs. These innovations encompass digitizing trade credit insurance, providing credit management tools, and offering more adaptable and personalized insurance solutions. For instance, in July 2022, the Export Credit Guarantee Corporation of India (ECGC) announced a novel scheme to extend enhanced export credit risk insurance cover, insuring up to 90% of credit risk in export finance. This initiative aims to benefit small-scale exporters availing export credit from banks, providing increased stability and facilitating easier access to export credit, ultimately supporting industries and exporters. The scheme aligns with ECGC's efforts to bolster and promote Indian exports by offering credit risk protection and easing trade finance from banks.

In August 2022, HUB International Limited (Hub), a US-based insurance brokerage and financial services firm, acquired Intercontinental Growth Strategies, LLC (IGS) for an undisclosed amount. This acquisition is expected to increase the HUB's reach in terms of both geography and industry and product knowledge. Intercontinental Growth Strategies is a US-based trade credit insurance broker that uses strategies to minimize risk and maximize growth in global trade.

Major companies operating in the trade credit insurance market report are Export Development Canada, AXA SA, American International Group Inc., Chubb Limited, Liberty Mutual Insurance Company, Sompo Japan Insurance Inc., Mapfre S.A., Marsh & McLennan Companies Inc., Cesce SpA, QBE Insurance Group Limited, Markel Corporation, Aon PLC, CNA Financial Corporation, Hannover Re, Willis Towers Watson Public Limited Company, Zurich Insurance Group AG, AmTrust Financial Services Inc., Tokio Marine HCC, Mercury Insurance Brokers Ltd., Atradius N.V., Euler Hermes Aktiengesellschaft, Hiscox Ltd., Coface SA, Compagnie Française d'Assurance pour le Commerce Extérieur (Coface), CBL Insurance Limited, Credendo Group, Nexus Underwriting Management Limited, Elevate Insurance, China Export & Credit Insurance Corporation, Sinosure, CNA Hardy.

Europe was the largest region in the trade credit insurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global trade credit insurance market during the forecast period. The regions covered in the trade credit insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the trade credit insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Trade credit insurance comprises two primary components: products and services. Trade credit insurance products serve as protective measures for receivables against credit risks, available for purchase. They typically include coverages such as whole-turnover coverage and single-buyer coverage, catering to both domestic and export contexts. Services in this domain support various industry verticals such as food and beverages, IT and telecom, metals and mining, healthcare, energy and utilities, automotive sectors, and others.

The trade credit insurance market research report is one of a series of new reports that provides trade credit insurance market statistics, including trade credit insurance industry global market size, regional shares, competitors with a trade credit insurance market share, detailed trade credit insurance market segments, market trends and opportunities, and any further data you may need to thrive in the trade credit insurance industry. This trade credit insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The trade credit insurance market includes revenues earned by entities by providing accounts receivable insurance, debtor insurance, and export credit insurance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Trade Credit Insurance Market Characteristics3. Trade Credit Insurance Market Trends and Strategies
4. Trade Credit Insurance Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Trade Credit Insurance Market Size and Growth
5.1. Global Trade Credit Insurance Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Trade Credit Insurance Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Trade Credit Insurance Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Trade Credit Insurance Market Segmentation
6.1. Global Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Product
  • Services
6.2. Global Trade Credit Insurance Market, Segmentation by Coverages, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Whole Turnover Coverage
  • Single Buyer Coverage
6.3. Global Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Domestic
  • Exports
6.4. Global Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Food and Beverages
  • IT and Telecom
  • Metals and Mining
  • Healthcare
  • Energy and Utilities
  • Automotive
  • Other Industry Verticals
7. Trade Credit Insurance Market Regional and Country Analysis
7.1. Global Trade Credit Insurance Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Trade Credit Insurance Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Trade Credit Insurance Market
8.1. Asia-Pacific Trade Credit Insurance Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Trade Credit Insurance Market
9.1. China Trade Credit Insurance Market Overview
9.2. China Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Trade Credit Insurance Market
10.1. India Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Trade Credit Insurance Market
11.1. Japan Trade Credit Insurance Market Overview
11.2. Japan Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Trade Credit Insurance Market
12.1. Australia Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Trade Credit Insurance Market
13.1. Indonesia Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Trade Credit Insurance Market
14.1. South Korea Trade Credit Insurance Market Overview
14.2. South Korea Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Trade Credit Insurance Market
15.1. Western Europe Trade Credit Insurance Market Overview
15.2. Western Europe Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Trade Credit Insurance Market
16.1. UK Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Trade Credit Insurance Market
17.1. Germany Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Trade Credit Insurance Market
18.1. France Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Trade Credit Insurance Market
19.1. Italy Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Trade Credit Insurance Market
20.1. Spain Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Trade Credit Insurance Market
21.1. Eastern Europe Trade Credit Insurance Market Overview
21.2. Eastern Europe Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Trade Credit Insurance Market
22.1. Russia Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Trade Credit Insurance Market
23.1. North America Trade Credit Insurance Market Overview
23.2. North America Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Trade Credit Insurance Market
24.1. USA Trade Credit Insurance Market Overview
24.2. USA Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Trade Credit Insurance Market
25.1. Canada Trade Credit Insurance Market Overview
25.2. Canada Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Trade Credit Insurance Market
26.1. South America Trade Credit Insurance Market Overview
26.2. South America Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Trade Credit Insurance Market
27.1. Brazil Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Trade Credit Insurance Market
28.1. Middle East Trade Credit Insurance Market Overview
28.2. Middle East Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Trade Credit Insurance Market
29.1. Africa Trade Credit Insurance Market Overview
29.2. Africa Trade Credit Insurance Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Trade Credit Insurance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Trade Credit Insurance Market, Segmentation by Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Trade Credit Insurance Market Competitive Landscape and Company Profiles
30.1. Trade Credit Insurance Market Competitive Landscape
30.2. Trade Credit Insurance Market Company Profiles
30.2.1. Export Development Canada
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. AXA SA
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. American International Group Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Chubb Limited
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Liberty Mutual Insurance Company
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Trade Credit Insurance Market Other Major and Innovative Companies
31.1. Sompo Japan Insurance Inc.
31.2. Mapfre S.A.
31.3. Marsh & McLennan Companies Inc.
31.4. Cesce SpA
31.5. QBE Insurance Group Limited
31.6. Markel Corporation
31.7. Aon plc
31.8. CNA Financial Corporation
31.9. Hannover Re
31.10. Willis Towers Watson Public Limited Company
31.11. Zurich Insurance Group AG
31.12. AmTrust Financial Services Inc.
31.13. Tokio Marine HCC
31.14. Mercury Insurance Brokers Ltd
31.15. Atradius N.V
32. Global Trade Credit Insurance Market Competitive Benchmarking33. Global Trade Credit Insurance Market Competitive Dashboard34. Key Mergers and Acquisitions in the Trade Credit Insurance Market
35. Trade Credit Insurance Market Future Outlook and Potential Analysis
35.1 Trade Credit Insurance Market in 2028 - Countries Offering Most New Opportunities
35.2 Trade Credit Insurance Market in 2028 - Segments Offering Most New Opportunities
35.3 Trade Credit Insurance Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Trade Credit Insurance Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on trade credit insurance market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for trade credit insurance? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Component: Product; Services
2) By Coverages: Whole Turnover Coverage; Single Buyer Coverage
3) By Application: Domestic; Exports
4) By Industry Vertical: Food and Beverages; IT and Telecom; Metals and Mining; Healthcare; Energy and Utilities; Automotive; Other Industry Verticals

Key Companies Mentioned: Export Development Canada; AXA SA; American International Group Inc.; Chubb Limited; Liberty Mutual Insurance Company

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Export Development Canada
  • AXA SA
  • American International Group Inc.
  • Chubb Limited
  • Liberty Mutual Insurance Company
  • Sompo Japan Insurance Inc.
  • Mapfre S.A.
  • Marsh & McLennan Companies Inc.
  • Cesce SpA
  • QBE Insurance Group Limited
  • Markel Corporation
  • Aon plc
  • CNA Financial Corporation
  • Hannover Re
  • Willis Towers Watson Public Limited Company
  • Zurich Insurance Group AG
  • AmTrust Financial Services Inc.
  • Tokio Marine HCC
  • Mercury Insurance Brokers Ltd
  • Atradius N.V.
  • Euler Hermes Aktiengesellschaft
  • Hiscox Ltd.
  • Coface SA
  • Compagnie Française d'Assurance pour le Commerce Extérieur (Coface)
  • CBL Insurance Limited
  • Credendo Group
  • Nexus Underwriting Management Limited
  • Elevate Insurance
  • China Export & Credit Insurance Corporation
  • Sinosure
  • CNA Hardy

Methodology

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