Technology

Global Travel Insurance Market is Projected to Expand at a Steady CAGR over the Forecast Period 2024

Press Release

Travel Insurance Market research report 2019-2024 presents a comprehensive study of the Travel Insurance Market in Global Industry. Travel insurance is only a very small part of the overall general insurance market, it covers is available for single trip, annual multi-trip and long stay trips. and the detail are mainly medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within one’s own country.

 

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Scope of the Report:

 

Among different applications, in 2022, family traveler will take the largest part, accout for 45.59%

Europe, Asia-Pacific and North America are the three regions that shares most percentage.

The global Travel Insurance market is valued at 13800 million USD in 2018 and is expected to reach 20900 million USD by the end of 2024, growing at a CAGR of 7.1% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Travel Insurance.

This report studies the Travel Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Travel Insurance market by product type and applications/end industries.

 

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Travel Insurance Market Top Key Players:

– Allianz

– AIG

– Munich RE

– Generali

– Tokio Marine

– Sompo Japan

– CSA Travel Protection

– AXA

– Pingan Baoxian

– Mapfre Asistencia

– USI Affinity

– Seven Corners

– Hanse Merkur

– MH Ross and others…

 

Segmentation by product type:

– Single Trip

– Annual Multi-trip

– Long-Stay

Segmentation by application:

– Family Traveler

– Senior Citizens

– Business Traveler

– Others

 

Market Segment by Regions, regional analysis covers:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

 

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Table of Contents:

 

1 Travel Insurance Market Overview

1.1 Product Overview and Scope of Travel Insurance

1.2 Classification of Travel Insurance by Types

1.2.1 Global Travel Insurance Revenue Comparison by Types (2019-2024)

1.2.2 Global Travel Insurance Revenue Market Share by Types in 2018

1.2.3 Single Trip

1.2.4 Annual Multi-trip

1.2.5 Long-Stay

1.3 Global Travel Insurance Market by Application

1.3.1 Global Travel Insurance Market Size and Market Share Comparison by Applications (2014-2024)

1.3.2 Family Traveler

1.3.3 Senior Citizens

1.3.4 Business Traveler

1.3.5 Others

1.4 Global Travel Insurance Market by Regions and others…

 

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