Trade Credit Insurance Market Report 2026

The trade credit insurance market size has grown strongly in recent years. It will grow from $13.29 billion in 2025 to $14.55 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growth in global trade volumes, increasing reliance on credit-based transactions, expansion of cross-border exports, rising corporate risk management awareness, availability of structured credit insurance products.

The trade credit insurance market size is expected to see strong growth in the next few years. It will grow to $20.87 billion in 2030 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to increasing geopolitical uncertainties, rising demand for real-time credit monitoring, expansion of digital trade finance solutions, growing focus on supply chain resilience, increasing adoption of data-driven underwriting. Major trends in the forecast period include increasing adoption of credit risk analytics, rising demand for export credit protection, growing use of digital trade credit platforms, expansion of political risk coverage, enhanced focus on buyer risk assessment.

An increase in the global import and export of goods and services is projected to drive the growth of the trade credit insurance market. Exporting involves selling products and services to foreign countries, while importing refers to acquiring goods and services from abroad and bringing them into one’s own country. Trade credit insurance is utilized to protect trading companies' receivables from credit risks, and trade credit itself serves as a financial tool for producers, importers, and exporters to streamline their financial operations. Consequently, the growth in trade has led to a heightened demand for trade credit insurance. For example, in October 2024, the World Trade Organization (WTO), an international governmental organization based in Switzerland, reported that global goods trade is expected to grow by 2.7% in 2024, slightly above the previous estimate of 2.6%, according to an updated forecast by WTO economists on October 10. Additionally, the volume of world merchandise trade is anticipated to increase by 3% in 2025. Therefore, the surge in global imports and exports is significantly contributing to the growth of the trade credit insurance market.

Technological advancements have become a significant trend gaining traction in the trade credit insurance market. Major companies in this sector are focused on creating innovative technological solutions to enhance their competitive edge. For example, in April 2024, Allianz Trade, a France-based trade credit insurance provider, launched a next-generation Trade Credit Insurance product. This B2B insurance solution is designed to cover the non-payment risks associated with trade receivables, activating when a customer is unable to pay according to the terms of an agreed contract. The product also includes several features, such as enhanced offerings with retrospective cover, CEND, and delayed effect cover. Additionally, it improves the user experience by streamlining documentation and providing online access, while also expanding opportunities for international growth.

In August 2024, Brown and Brown Limited, a UK-based insurance company, acquired The CI Group Holdings Ltd for an undisclosed amount. Through this acquisition, Brown and Brown aims to enhance its trade credit insurance offerings and expand its value-added services for lenders and SMEs by integrating CI Group’s E-Bonded technology platform and strong client relationships into its broader insurance ecosystem. CI Group Holdings Ltd is a UK-based specialist provider of trade credit insurance solutions, offering credit insurance products and access to debtor insurance for commercial lenders and SME businesses through its proprietary platform.

Major companies operating 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., Cesce SpA, QBE Insurance Group Limited, Markel Corporation, CNA Financial Corporation, Zurich Insurance Group AG, AmTrust Financial Services Inc, Tokio Marine HCC, Atradius N.V., Euler Hermes Aktiengesellschaft, Coface SA, Credendo Group, China Export & Credit Insurance Corporation, CNA Hardy.

Europe was the largest region in the trade credit insurance market in 2025. 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, South East Asia, 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, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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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