NEW YORK, June 17, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Trade Credit Insurance in France
http://www.reportlinker.com/p01360791/Trade-Credit-Insurance-in-France.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Credit_and_Loan
Trade Credit Insurance in France is a report about the market for trade credit cover in France. In addition to documenting the development of the market value from 2008 to 2012, the report also divides it for the most recent year between four key segments: between small companies with an annual turnover of less than EUR 5 million and larger companies with a turnover above this threshold; between single-risk and annual policies; between export and domestic trade credit insurance; and between protection acquired for political risks and cover bought for business risks.
These unique market splits are based in part on a survey of leading brokers of trade credit insurance in France. This same survey also identifies the underwriters of this type of cover used by brokers on a regular basis, gives an input into Finaccord's estimates for the market shares of underwriters and brokers of trade credit insurance in France, provides a basis for commentary surrounding distribution channels used for this type of policy, and informs Finaccord's forecasts for the French market value through to 2016.
Key features of this report include:
- quantification of the market size for trade credit insurance in France: how much is the market worth, how has it developed since 2008 and how does it break down into key segments?
- presentation of the actual or estimated market shares of both brokers and underwriters of trade credit insurance in 2012 based on both the broker survey and other available data sources;
- audit of the frequency of usage of underwriters by major brokers of trade credit insurance in France: to what extent are competitors effectively challenging the main incumbent underwriters?
- availability of an accompanying PartnerBASE dataset that logs partnerships for trade credit insurance identified by Finaccord across a combined total of 40 leading banks and major trade associations;
- forecasts for the market for trade credit insurance in France and how it will split between domestic and export trade credit cover: what is this sector likely to look like in 2016?
Table of Contents
0.0 EXECUTIVE SUMMARY
1.0 INTRODUCTION
What is this report about?
Rationale
Several factors underpin the rationale for the production of this study
There are several distribution channel options in addition to brokers
Globally, trade credit insurers cover over EUR 1 trillion of commercial credit exposures
The report provides a standardised analysis of important metrics for trade credit insurance
Methodology
Research program
Market data analysis
Definitions
Trade credit insurance
Single-risk and annual policies
Export and domestic policies
Political and business risks
Premiums
Abbreviations
PartnerBASE
Finaccord
2.0 FRANCE
Introduction
Market size, growth and segmentation
France hosts the second largest market for trade credit insurance in Europe...
... with a significant improvement in profitability having been achieved since 2009
The proportion of premiums paid by smaller companies is slightly higher than the European average
Single-risk policies are much less widespread in France than in most other European markets
Nearly all brokers of trade credit insurance offer both domestic and export policies
Exports account for less than a quarter of French GDP
The vast majority of brokers offer cover for political risks as well as business risks
Coface will manage public export credit guarantees until at least 2015
Factoring as a complementary / substitute product
France has a relatively well-developed market for factoring
Underwriter market shares
AXA Assurcredit and Groupama Assurance-Crédit are the main challengers to the big three groups...
...having established on-going relationships with the majority of brokers of trade credit insurance...
...in a market in which there are at least 15 active underwriters
Distribution channels
Delta Assurances, Diot, Gras Savoye, Jean Busnot and Marsh are important broking rivals to Aon...
...as all five firms maintain substantial teams focused on trade credit insurance
Several of France's largest banks act as distributors of trade credit insurance...
... as do a handful of major trade associations
Future outlook
The market for trade credit insurance in France may have difficulty in finding new momentum
3.0 APPENDIX
Brokers participating in the survey
LIST OF GRAPHICS / TABLES
0.0 EXECUTIVE SUMMARY
Key market data for trade credit insurance in France
1.0 INTRODUCTION
2.0 FRANCE
Gross written premiums for trade credit insurance in France, 2008 to 2012
Premiums paid by small companies with an annual turnover of less than EUR 5 million as a proportion of the total market for trade credit insurance in France, 2013
Premiums paid for single-risk policies as a proportion of the total market for trade credit insurance in France, 2013
Premiums paid for export trade credit insurance as a proportion of the total market for trade credit insurance in France, 2013
Values of exports inside and outside the EU and corresponding percentages of GDP in France, 2007 to 2011
Premiums paid for political risk cover as a proportion of the total market for export trade credit insurance in France, 2013
Total factoring market value in France, 2007 to 2011
Estimated market shares of gross written premiums of trade credit insurance underwriters in France, 2012
Frequency of usage of specific trade credit insurance underwriters by brokers in France, 2013
Major banks offering trade credit insurance in France: operating models and partnerships, 2013
Major trade associations offering trade credit insurance in France: operating models and partnerships, 2013
Forecast gross written premiums for trade credit insurance in France and the proportion due to export trade credit insurance, 2016
Forecast segmentation of gross written premiums in France between domestic and export trade credit insurance, 2016 (table)
3.0 APPENDIX
To order this report:
Trade Credit Insurance in France
Contact Clare: [email protected]
US:(339) 368 6001
Intl:+1 339 368 6001
SOURCE Reportlinker
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