The Trade Credit Insurance Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The trade credit insurance global market has seen significant growth in past years. It has escalated from a value of $12.21 billion in 2024 and is projected to reach $13.34 billion in 2025 with a CAGR of 9.3%.
The Trade Credit Insurance Global Market is projected to reach a value of $19.25 billion by the year 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 9.6%.
Download Your Free Sample of the 2025 Trade Credit Insurance Market Report and Uncover Key Trends Now!The key drivers in the trade credit insurance market are:
• Surge in global trade volatility
• Greater focus on supply chain resilience
• Increased digitalization of trade finance
• Emergence of new players within the market
The trade credit insurance market covered in this report is segmented –
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
The key trends in the trade credit insurance market are:
• Blockchain technology for enhanced security is emerging as a major trend.
• There's an increasing demand for non-cancellable policies.
• Risk mitigation strategies for supply chain disruptions are gaining prominence.
• The evolving regulatory landscape and rise of parametric insurance solutions are shaping the market future.
Major companies in the trade credit insurance market 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
• Atradius N.V.
• Euler Hermes Aktiengesellschaft
• Coface SA
• CBL Insurance Limited
• Credendo Group
• Nexus Underwriting Management Limited
• China Export & Credit Insurance Corporation (Sinosure)
• Sinosure
• CNA Hardy
Europe was the largest region in the trade credit insurance market in 2024