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Global Travel Insurance Market - Analysis By Growth, Revenue, Latest Investment, Key Players, Regional Development And Forecast 2031
The global travel insurance market size is expected to grow from $16.05 billion in 2021 to $18.81 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%. The global travel insurance market size is expected to grow to $32.61 billion in 2026 at a CAGR of 14.7%.The Business Research Company offers the Travel Insurance Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The travel insurance market consists of sales of travel insurance by entities (organizations, sole traders, and partnerships), which is a type of insurance that covers different risks while traveling. It covers medical expenses, flight cancellations, lost luggage, and other losses that a traveler can incur while traveling. This is largely due to the fact that having these risks covered ensures an additional layer of protection against financial loss.
Some key travel insurance market players are Allianz SE, American Express Company, American International Group Inc., Assicurazioni Generali S.P.A, Atlas Travel Insurance, Aviva plc, Axa S.A., Bajaj Finserv Limited, Berkshire Hathaway Specialty Insurance Company, Chubb Limited, Generali Group, Insure & Go Insurance Services Limited, MAPFRE, Prudential Financial Inc., Saga Plc, Seven Corners Inc., Crum & Forster, Travelex Insurance Services Inc., USI Affinity Inc., Zurich Insurance, and Arch Capital Group Ltd.
The countries covered in the global travel insurance market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global travel insurance market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Travel Insurance Market Segmentation:
By Type
1. Domestic
2. International
By Insurance Cover
1. Single-Trip Travel Insurance
2. Annual Multi-Trip Travel Insurance
3. Long-Stay Travel Insurance
By Coverage
1. Medical Expenses
2. Trip Cancellation
3. Trip Delay
4. Property Damage
By End- User
1. Senior Citizens
2. Corporate Travelers
3. Family Travelers
4. Education Travelers
By Distribution Channel
1. Insurance Intermediaries,
2. Insurance Companies
3. Banks
4. Insurance Brokers
See more on the report at https://www.thebusinessresearchcompany.com/report/travel-insurance-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Travel Insurance Market Characteristics
3. Travel Insurance Market Trends And Strategies
4. Impact Of COVID-19 On Travel Insurance
5. Travel Insurance Market Size And Growth
....
26. Africa Travel Insurance Market
27. Travel Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Travel Insurance Market
29. Travel Insurance Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the travel insurance market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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