The Business Research Company’s Travel Insurance Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Travel Insurance Global Market Report 2023 evaluates travel insurance market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global travel insurance market size grew from $19.14 billion in 2022 to $22.44 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The travel insurance market size is expected to grow to $40.58 billion in 2027 at a CAGR of 16.0%.
The travel insurance market segments in the report are:
By Type
Domestic
International
By Insurance Cover
Single-Trip Travel Insurance
Annual Multi-Trip Travel Insurance
Long-Stay Travel Insurance
By Coverage
Medical Expenses
Trip Cancellation
Trip Delay
Property Damage
Other Coverages
By End User
Senior Citizens
Corporate Travelers
Family Travelers
Education Travelers
Other End-Users
By Distribution Channel
Insurance Intermediaries
Insurance Companies
Banks
Insurance Brokers
Other Distribution Channels
Top Major Players
Allianz SE
American Express Company
American International Group Inc.
Assicurazioni Generali S.P.A
Atlas Travel Insurance
Asia-Pacific was the largest region in the travel insurance market in 2022.
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The table of contents in TBRC’s travel insurance market report includes:
1. Executive Summary
2. Travel Insurance Market Characteristics
3. Travel Insurance Market Trends And Strategies
4. Travel Insurance Market – Macro Economic Scenario
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
List Of tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Travel Insurance Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Travel Insurance Market, Segmentation By Insurance Cover, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Travel Insurance Market, Segmentation By Coverage, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…………
Table 48: Allianz SE Financial Performance
Table 49: American Express Company Financial Performance
Table 50: American International Group Inc., Financial Performance
Table 51: Assicurazioni Generali S.P.A Financial Performance
Table 52: Atlas Travel Insurance Financial Performance
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