Global Travel Insurance Market size was valued at USD 18.50 Bn. in 2021 and the total Travel Insurance revenue is expected to grow by 16 % from 2022 to 2029, reaching nearly USD 21 Bn.
Travel Insurance Market Scope:
This report on Travel Insurance market provides a comprehensive analysis. The market estimates provided within the report is the result of in-depth primary interviews, secondary analysis, and in-house efficient reviews. These market estimates is presented by learning the impact of different social, political and economic factors along with the present market dynamics affecting the Travel Insurance Market growth.
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Market Share Analysis:
The report provides an analysis of key players that take into account their contribution in the Travel Insurance market as a whole. It offers the idea of growing the business in the Travel Insurance market compared to other players. It provides insight such as, how players are performing better in terms of revenue generation, product offering and customer base compared to your business. The report shows the characteristics of the Travel Insurance market in terms of the characteristics of growth, fragmentation, domination, and merging.
Segmentation:
The travel insurance market suffered as a result of the coronavirus pandemic. In 2020, the pandemic significantly affected the world’s travel and transportation industries, disrupting travel. The need for travel protection and medical insurance when travelling during the post-pandemic period, on the other hand, surged, which led to the growth of the travel insurance industry.
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Key Players:
- • American International Group, Inc.
• ASSICURAZIONI GENERALI S.P.A.
• USI Insurance Services, LLC
• battleface
• Insure & Go Insurance Services Limited
• Seven Corners Inc.
• Travel Insured International
• Zurich
• Delphi Financial Group, Inc.
• Ping An Insurance (Group) Company of China, Ltd.
• Allianz Group
• Munchener-Ruck-Gruppe
• Talanx Konzern
• R+V Konzern
• Generali Deutschland AG
• AXA Konzern AG
• Bayern
• Huk-Coburg
• Signal Iduna
• Travelex Insurance Services Inc.
• Berkshire Hathaway Travel Protection
COVID-19 Impact Analysis on Travel Insurance Market:
COVID-19 is an exceptional world public health emergency that has affected nearly every business, and also the long effects are projected to impact the business growth throughout the forecast amount. Our in-progress analysis amplifies our analysis framework to confirm the inclusion of underlying COVID-19 problems and potential methods forward. The report delivers insights on COVID-19 considering the changes in consumer’s behaviour and demand, getting patterns, re-routing of the provision chain, dynamics of the current economic process, and also the vital interventions of governments
Global Travel Insurance Market Regional Analysis Includes:
Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
North America(the United States, Mexico, and Canada.)
South America(Brazil etc.)
The Middle East and Africa(Egypt and GCC Countries)
The report is useful to:
- Private firms and government bodies.
- Universities Student and individuals
- Consulting firm and Research Institutes
- New entering companies in the Travel Insurance market
- Solution providers, service providers, product providers, and other players in the Travel Insurance market
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