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Travel Insurance Market Share

Report ID: GMI4908
Published Date: Aug 2023
Report Format: PDF

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Travel Insurance Market Share

Some of the major companies operating in the travel insurance market are

Generali Group
Ping An Insurance Company of China,Ltd
Aviva PLC
Allianz Partners
ERGO Group AG
American Express Company
Arch Capital Group Limited
China Pacific Insurance (Group) Co.Ltd
American International Group, Inc. (AIG)
AXA Travel Insurance
Zurich Insurance Group AG

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of travel insurance reached USD 21 billion in 2022 and is set to witness 9.1% CAGR from 2023 to 2032, due to increasing awareness among travelers about the importance of travel insurance worldwide.

The international segment was valued at over USD 15 billion revenue in 2022 and will grow at 10% CAGR during 2023 to 2032, on account of growing recognition of potential risks involved in global travel.

North America market size recorded over USD 6 billion in revenue in 2022 and is expected to garner over 9.5% CAGR till 2032, owing to the increasing awareness and changing travel dynamics in the region.

Generali Group, Ping An Insurance Company of China, Ltd, Aviva PLC, Allianz Partners, ERGO Group AG, American Express Company, Arch Capital Group Limited, and China Pacific Insurance (Group) Co., Ltd. are some of the major travel insurance companies worldwide.