Press release
Global Travel Insurance Market Expected to reach 23200 million US$ by 2025
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.
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.
In 2017, the global Travel Insurance market size was 13800 million US$ and it is expected to reach 23200 million US$ by the end of 2025, with a CAGR of 6.7% during 2018-2025.
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The key players covered in this study
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
Market segment by Type, the product can be split into
Single Trip
Annual Multi-trip
Long-Stay
Market segment by Application, split into
Family Traveler
Senior Citizens
Business Traveler
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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