Press release
Asia-Pacific Travel Insurance Market: Insurance Intermediaries is the Major Segment
Ful Report:
https://www.alliedmarketresearch.com/asia-pacific-travel-insurance-market
Change in International Travel Regulation
Government of various countries, such as Japan, Malaysia, Australia, and Thailand, focus on formulating regulations that mandate the travel insurance for all international travelers to secure the travel of the citizens. Japan has a national health insurance system that covers all the residents of the country, but it is cautious about treating foreign patients due to the low security of reimbursement of expenses incurred.
Moreover, the Reciprocal Health Care Agreement, a public health system in New Zealand, offers free hospital care and medical treatment for patients; however, high cost of treatment may limit the patient, in terms of excessive cost. Therefore, government and travel industry across the countries of Asia-Pacific aim on providing travel insurance to the travelers before their journey to secure them from any such type of circumstances.
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Key Benefits
A comprehensive analysis of the current trends and future estimations in the Asia-Pacific travel insurance market is provided.
The report elucidates on key drivers, restraints, and opportunities and a detailed impact analysis.
Quantitative analysis is provided from 2014 to 2022, with 2015 as the base year and forecast from 2016 to 2022.
Porters Five Forces model of the industry illustrates the potency of the buyers and suppliers in the market.
A quantitative analysis of the current scenario and the forecast period highlights the financial competency of the market.
The report provides a detailed analysis of the market with respect to distribution channel, insurance cover, end user, and country.
Asia-Pacific Travel Insurance Market Report Highlights
Aspects Details
By Distribution Channel
Insurance Intermediaries
Insurance Companies
Banks
Insurance Brokers
Insurance Aggregators
Others
By Insurance Cover
Single trip travel insurance
annual multi-trip travel insurance
long-stay travel insurance
By End User
Senior Citizens
Education Travelers
Backpackers
Business Travelers
Family Travelers
Fully Independent Travelers
By Country
China
Japan
India
Australia
New Zealand
Thailand
Key Market Players American International Group Inc, Allianz Group, Ace Insurance Company Limited, Munich Reinsurance Company, Tokio Marine Holdings, Inc, China Pacific Insurance Co., Ltd, Bajaj Finserv Ltd, Ping An Insurance Company of China, Ltd, Dongbu Group, MS&AD Insurance Group Holdings, Inc
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