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Global Credit Insurance Market Trends over Forecast 2014-2019 - Focus on its major segment– Trade Credit Insurance
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The Credit Insurance sector can play a critical role in financial and economic development in various ways. The sector helps pool risk and reduces the impact of large losses on firms and households with a beneficial impact on output, investment, innovation, and competition. As financial intermediaries with long investment horizons, credit insurance companies can contribute to the provision of long-term finance and more effective risk management. Moreover, the credit insurance sector can also improve the efficiency of other segments of the financial sector, such as banking and bond markets. 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.
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Regional Coverage
- Latin America
- Europe
- GCC
Company Coverage
- Coface
- Euler Hermes
- Atradius
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