The global travel insurance market is expected to grow at a CAGR of around 10.9% during 2024-2033. This report on global travel insurance market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global travel insurance market by segmenting the market based on insurance type, coverage, distribution channel, end-user, and region. Also, detailed profiles of companies operating in the travel insurance market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Travel insurance offers financial security against expenses or losses resulting from unforeseen circumstances during both domestic and international trips. Nowadays, numerous companies provide travel insurance with around-the-clock emergency assistance, including services such as replacing lost passports, providing cash wire aid, and rearranging canceled flights. Additionally, these companies offer customizable options tailored to specific geographical locations and the individual needs of the insured. Furthermore, the growth of the travel insurance market is bolstered by the requirement of several countries’ governments for travelers to provide proof of travel insurance when applying for visas. This regulatory measure adds to the market’s expansion. Additionally, key industry players are integrating advanced digital technologies, including application programming interfaces (APIs), artificial intelligence (AI), data analytics, and global positioning systems (GPS), into their operations. These digital tools enhance distribution systems and offer personalized user experiences, thereby driving further growth in the market.
Market Restraints
The global travel insurance market faces constraints due to market competition and price sensitivity. Intense competition among insurance providers limits growth opportunities and can lead to price wars, impacting profit margins. Additionally, price-sensitive consumers prioritize cost over comprehensive coverage, making it challenging for insurers to maintain profitability. The complexity of underwriting and risk assessment processes presents a challenge to the growth of the global travel insurance market. Insurers face the task of accurately assessing individual risks associated with travel, which can be complex due to various factors such as destination, duration, and pre-existing medical conditions. Lengthy underwriting processes and stringent eligibility criteria can deter potential customers and slow down-market growth.
Market Opportunities
The expansion of the travel insurance market size is propelled by various factors, including the increasing tourism spurred by rising disposable incomes, convenient online travel bookings, package vacation options, and comprehensive holiday coverage. Consumers are increasingly recognizing the value of travel insurance as a means to mitigate risks associated with travel, such as flight cancellations, loss of luggage and important documents, and medical emergencies, thus driving up the market share of travel insurance. Moreover, the proliferation of convenient purchasing channels, such as online comparison-shopping platforms like direct airline websites, online travel agents (OTAs), business websites, and mobile apps, further catalyzes the growth of the travel insurance market.
Industry Development
- In Feb 2023, Vistara and Allianz Partners formed a partnership to offer optional travel insurance to its passengers.
- In Sep 2022, battleface launched a customisable travel insurance product to avoid unnecessary costs, and meet specific needs of the business travel sector.
- In Aug 2022, Generali acquired majority stakes in the AXA-Affin joint ventures in Malaysia widening its leadership position in high potential markets.
Travel Insurance Market Report Highlights:
- The single-trip travel insurance segment dominated the global travel insurance market by insurance type with 64.4% in 2023. The single trip travel insurance market is a significant part of the overall travel insurance industry, catering to individuals or families who plan to take a single trip or vacation within a specific timeframe.
- Based on coverage, medical expenses dominated segment held the largest market share of 38.8% in 2023 and is anticipated to dominate the market over the forecast period.
- Based on distribution channel, insurance intermediaries dominated segment held the largest market share of 27.9% in 2023 and is anticipated to dominate the market over the forecast period. Insurance intermediaries are gaining traction in the market as they offer a convenient and accessible way to purchase travel insurance and helping travellers to find suitable coverage options and assisting them throughout the insurance buying process.
- Based on end user, senior citizens dominated segment held the largest market share of 32.9% in 2023 and is anticipated to dominate the market over the forecast period. Governments in several nations, including Japan, Australia, Malaysia, and Thailand, are focusing on formulating regulations that mandate travel insurance for all senior citizens, thereby contributing to the segment’s growth.
- Europe generated the highest revenue in 2023 with a 35.2% revenue share. Europe is a popular tourist destination with diverse countries and attractions, and travel insurance plays a vital role in providing financial protection and peace of mind to travellers.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Travel Insurance Market Segmentation
Market by Insurance Type
- Single-Trip Travel Insurance
- Long-Stay Travel Insurance
- Annual Multi-Trip Insurance
Market by Coverage
- Medical Expenses
- Trip Cancellation
- Trip Delay
- Property Damage
- Others
Market by Distribution Channel
- Insurance Intermediaries
- Banks
- Insurance Brokers
- Insurance Companies
- Insurance Aggregators
- Others
Market by End User
- Senior Citizens
- Family Travelers
- Education Travelers
- Business Travelers
- Others
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- Allianz SE
- American Express Company
- American International Group
- AXA SA
- Berkshire Hathaway Specialty Insurance Company
- Generali Group
- Insure & Go Insurance Services (Mapfre S.A.)
- Seven Corners Inc.
- Travel Insured International Inc. (Crum & Forster)
- USI Affinity (USI Insurance Services)
- Zurich Insurance Group AG.
Report Coverage
Report Feature | Details |
Base Year | 2023 |
Historical Period | 2019-2022 |
Forecast Period | 2024-2033 |
Units | US$ Million |
Segments Covered | Insurance Type, Coverage, Distribution Channel, End User, Region |
Region Covered | Europe, North America, Asia Pacific, Latin America, Middle East and Africa |
Companies Covered | Allianz SE, American Express Company, American International Group, AXA SA, Berkshire Hathaway Specialty Insurance Company, Generali Group, Insure & Go Insurance Services (Mapfre S.A.), Seven Corners Inc., Travel Insured International Inc. (Crum & Forster), USI Affinity (USI Insurance Services), Zurich Insurance Group AG. |
Purchase Options | Single User License: US$ 2,999 Five User License: US$ 3,499 Corporate License: US$ 4,499 |
Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.
Key Questions Answered in the Report
- What will be the global travel insurance market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of Covid19 on the current industry?
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Travel Insurance Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Travel Insurance Market by Insurance Type (US$ Million, 2019-2033)
5.1. Introduction
5.2. Single-Trip Travel Insurance
5.3. Long-Stay Travel Insurance
5.4. Annual Multi-Trip Insurance
5.5. Others
5.6. Key Segment Investment Opportunity
6. Global Travel Insurance Market by Coverage (US$ Million, 2019-2033)
6.1. Introduction
6.1.1. Medical Expenses
6.1.2. Trip Cancellation
6.1.3. Trip Delay
6.1.4. Property Damage
6.1.5. Others
6.1.6. Key Segment Investment Opportunity
7. Global Travel Insurance Market by Distribution Channel (US$ Million, 2019-2033)
7.1. Introductions
7.2. Insurance Intermediaries
7.3. Banks
7.4. Insurance Brokers
7.5. Insurance Companies
7.6. Insurance Aggregators
7.7. Others
7.8. Key Segment Investment Opportunity
8. Global Travel Insurance Market by End User (US$ Million, 2019-2033)
8.1. Introductions
8.2. Senior Citizens
8.3. Family Travelers
8.4. Education Travelers
8.5. Business Travelers
8.6. Others
8.7. Key Segment Investment Opportunity
9. Global Travel Insurance Market by Region (US$ Million, 2019-2033)
9.1. Introduction
9.2. Europe
9.3. North America
9.4. Asia Pacific
9.5. Latin America
9.6. Middle East & Africa
9.7. Key Segment Investment Opportunity
10. Europe Travel Insurance Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Europe Market Breakup by Insurance Type
10.4. Europe Market Breakup by Coverage
10.5. Europe Market Breakup by Distribution Channel
10.6. Europe Market Breakup by End User
10.7. Europe Market Breakup by Country
10.7.1. Germany
10.7.2. United Kingdom
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Russia
10.7.7. Netherlands
10.7.8. Sweden
10.7.9. Poland
10.7.10. Rest of Europe
11. North America Travel Insurance Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. North America Market Breakup by Insurance Type
11.4. North America Market Breakup by Coverage
11.5. North America Market Breakup by Distribution Channel
11.6. North America Market Breakup by End User
11.7. North America Market Breakup by Country
11.7.1. United States
11.7.2. Canada
12. Asia Pacific Travel Insurance Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Asia Pacific Market Breakup by Insurance Type
12.4. Asia Pacific Market Breakup by Coverage
12.5. Asia Pacific Market Breakup by Distribution Channel
12.6. Asia Pacific Market Breakup by End User
12.7. Asia Pacific Market Breakup by Country
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. Australia
12.7.6. ASEAN
12.7.7. Rest of Asia Pacific
13. Latin America Travel Insurance Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Latin America Market Breakup by Insurance Type
13.4. Latin America Market Breakup by Coverage
13.5. Latin America Market Breakup by Distribution Channel
13.6. Latin America Market Breakup by End User
13.7. Latin America Market Breakup by Country
13.7.1. Mexico
13.7.2. Brazil
13.7.3. Argentina
13.7.4. Chile
13.7.5. Rest of Latin America
14. Middle East and Africa Travel Insurance Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Middle East and Africa Market Breakup by Insurance Type
14.4. Middle East and Africa Market Breakup by Coverage
14.5. Middle East and Africa Market Breakup by Distribution Channel
14.6. Middle East and Africa Market Breakup by End User
14.7. Middle East and Africa Market Breakup by Country
14.7.1. Saudi Arabia
14.7.2. Turkey
14.7.3. Iran
14.7.4. United Arab Emirates
14.7.5. Rest of Middle East & Africa
15. Competitive Landscape
15.1. Competitive Dashboard
15.2. Key Industry Strategies Analysis
15.3. Recent Developments
15.4. Market Scenario
16. Company Profiles
16.1. Allianz SE
16.2. American Express Company
16.3. American International Group
16.4. AXA SA
16.5. Berkshire Hathaway Specialty Insurance Company
16.6. Generali Group
16.7. Insure & Go Insurance Services (Mapfre S.A.)
16.8. Seven Corners Inc.
16.9. Travel Insured International Inc. (Crum & Forster)
16.10. USI Affinity (USI Insurance Services)
16.11. Zurich Insurance Group AG.
- Description
-
The global travel insurance market is expected to grow at a CAGR of around 10.9% during 2024-2033. This report on global travel insurance market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global travel insurance market by segmenting the market based on insurance type, coverage, distribution channel, end-user, and region. Also, detailed profiles of companies operating in the travel insurance market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Travel insurance offers financial security against expenses or losses resulting from unforeseen circumstances during both domestic and international trips. Nowadays, numerous companies provide travel insurance with around-the-clock emergency assistance, including services such as replacing lost passports, providing cash wire aid, and rearranging canceled flights. Additionally, these companies offer customizable options tailored to specific geographical locations and the individual needs of the insured. Furthermore, the growth of the travel insurance market is bolstered by the requirement of several countries’ governments for travelers to provide proof of travel insurance when applying for visas. This regulatory measure adds to the market’s expansion. Additionally, key industry players are integrating advanced digital technologies, including application programming interfaces (APIs), artificial intelligence (AI), data analytics, and global positioning systems (GPS), into their operations. These digital tools enhance distribution systems and offer personalized user experiences, thereby driving further growth in the market.
Market Restraints
The global travel insurance market faces constraints due to market competition and price sensitivity. Intense competition among insurance providers limits growth opportunities and can lead to price wars, impacting profit margins. Additionally, price-sensitive consumers prioritize cost over comprehensive coverage, making it challenging for insurers to maintain profitability. The complexity of underwriting and risk assessment processes presents a challenge to the growth of the global travel insurance market. Insurers face the task of accurately assessing individual risks associated with travel, which can be complex due to various factors such as destination, duration, and pre-existing medical conditions. Lengthy underwriting processes and stringent eligibility criteria can deter potential customers and slow down-market growth.
Market Opportunities
The expansion of the travel insurance market size is propelled by various factors, including the increasing tourism spurred by rising disposable incomes, convenient online travel bookings, package vacation options, and comprehensive holiday coverage. Consumers are increasingly recognizing the value of travel insurance as a means to mitigate risks associated with travel, such as flight cancellations, loss of luggage and important documents, and medical emergencies, thus driving up the market share of travel insurance. Moreover, the proliferation of convenient purchasing channels, such as online comparison-shopping platforms like direct airline websites, online travel agents (OTAs), business websites, and mobile apps, further catalyzes the growth of the travel insurance market.
Industry Development
- In Feb 2023, Vistara and Allianz Partners formed a partnership to offer optional travel insurance to its passengers.
- In Sep 2022, battleface launched a customisable travel insurance product to avoid unnecessary costs, and meet specific needs of the business travel sector.
- In Aug 2022, Generali acquired majority stakes in the AXA-Affin joint ventures in Malaysia widening its leadership position in high potential markets.
Travel Insurance Market Report Highlights:
- The single-trip travel insurance segment dominated the global travel insurance market by insurance type with 64.4% in 2023. The single trip travel insurance market is a significant part of the overall travel insurance industry, catering to individuals or families who plan to take a single trip or vacation within a specific timeframe.
- Based on coverage, medical expenses dominated segment held the largest market share of 38.8% in 2023 and is anticipated to dominate the market over the forecast period.
- Based on distribution channel, insurance intermediaries dominated segment held the largest market share of 27.9% in 2023 and is anticipated to dominate the market over the forecast period. Insurance intermediaries are gaining traction in the market as they offer a convenient and accessible way to purchase travel insurance and helping travellers to find suitable coverage options and assisting them throughout the insurance buying process.
- Based on end user, senior citizens dominated segment held the largest market share of 32.9% in 2023 and is anticipated to dominate the market over the forecast period. Governments in several nations, including Japan, Australia, Malaysia, and Thailand, are focusing on formulating regulations that mandate travel insurance for all senior citizens, thereby contributing to the segment’s growth.
- Europe generated the highest revenue in 2023 with a 35.2% revenue share. Europe is a popular tourist destination with diverse countries and attractions, and travel insurance plays a vital role in providing financial protection and peace of mind to travellers.
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Report’s Unit: US$
Global Travel Insurance Market Segmentation
Market by Insurance Type
- Single-Trip Travel Insurance
- Long-Stay Travel Insurance
- Annual Multi-Trip Insurance
Market by Coverage
- Medical Expenses
- Trip Cancellation
- Trip Delay
- Property Damage
- Others
Market by Distribution Channel
- Insurance Intermediaries
- Banks
- Insurance Brokers
- Insurance Companies
- Insurance Aggregators
- Others
Market by End User
- Senior Citizens
- Family Travelers
- Education Travelers
- Business Travelers
- Others
Market by Region
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
Latin America
- Mexico
- Brazil
- Argentina
- Chile
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- Turkey
- Iran
- United Arab Emirates
- Rest of Middle East & Africa
List of Mentioned Companies
- Allianz SE
- American Express Company
- American International Group
- AXA SA
- Berkshire Hathaway Specialty Insurance Company
- Generali Group
- Insure & Go Insurance Services (Mapfre S.A.)
- Seven Corners Inc.
- Travel Insured International Inc. (Crum & Forster)
- USI Affinity (USI Insurance Services)
- Zurich Insurance Group AG.
Report Coverage
Report Feature Details Base Year 2023 Historical Period 2019-2022 Forecast Period 2024-2033 Units US$ Million Segments Covered Insurance Type, Coverage, Distribution Channel, End User, Region Region Covered Europe, North America, Asia Pacific, Latin America, Middle East and Africa Companies Covered Allianz SE, American Express Company, American International Group, AXA SA, Berkshire Hathaway Specialty Insurance Company, Generali Group, Insure & Go Insurance Services (Mapfre S.A.), Seven Corners Inc., Travel Insured International Inc. (Crum & Forster), USI Affinity (USI Insurance Services), Zurich Insurance Group AG. Purchase Options Single User License: US$ 2,999
Five User License: US$ 3,499
Corporate License: US$ 4,499Research Methodology
During the course of the research study, we conducted extensive primary and secondary research. The research commenced with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market.
Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get during the forecast period. Apart from these approaches, various analytical and statistical approaches were also used during data extraction cleaning, and analysis.
Post-secondary & primary research, we conducted expert interviews to validate all the information we collected during the course of the study. So, a blend of these three-way approaches helped us in data triangulation and to provide an accurate market scenario in our report.
Key Questions Answered in the Report
- What will be the global travel insurance market size and the growth rate in the coming year?
- What are the main key factors driving the market?
- What are the key market trends impacting the growth of the market?
- What are the market opportunities and threats in the market?
- What industrial trends, drivers, and challenges are manipulating its growth?
- Which are trending factors influencing the market shares of the top regions across the globe?
- Who are the key market players in the industry?
- What is the impact of Covid19 on the current industry?
- Table of Contents
-
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
2.1. Global Market in 2023
2.2. Impact of COVID-19
2.3. Growth Opportunities and Challenges
2.4. Key Industry Trends
3. Global Market Dynamics
3.1. Introduction
3.2. Market DROs
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Industry Trends
3.4. SWOT Analysis
3.5. Market Value Chain Analysis
3.6. Porter’s Five Forces Analysis
3.7. PESTLE Analysis
3.8. Key Price Indicators
3.9. Ansoff Matrix
3.10. Government Laws and Industry Regulations
4. Global Travel Insurance Market Analysis
4.1. Market Portraiture
4.2. Market Size (US$ Million, 2019-2023)
4.3. Market Forecast (US$ Million, 2024-2033)
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Travel Insurance Market by Insurance Type (US$ Million, 2019-2033)
5.1. Introduction
5.2. Single-Trip Travel Insurance
5.3. Long-Stay Travel Insurance
5.4. Annual Multi-Trip Insurance
5.5. Others
5.6. Key Segment Investment Opportunity
6. Global Travel Insurance Market by Coverage (US$ Million, 2019-2033)
6.1. Introduction
6.1.1. Medical Expenses
6.1.2. Trip Cancellation
6.1.3. Trip Delay
6.1.4. Property Damage
6.1.5. Others
6.1.6. Key Segment Investment Opportunity
7. Global Travel Insurance Market by Distribution Channel (US$ Million, 2019-2033)
7.1. Introductions
7.2. Insurance Intermediaries
7.3. Banks
7.4. Insurance Brokers
7.5. Insurance Companies
7.6. Insurance Aggregators
7.7. Others
7.8. Key Segment Investment Opportunity
8. Global Travel Insurance Market by End User (US$ Million, 2019-2033)
8.1. Introductions
8.2. Senior Citizens
8.3. Family Travelers
8.4. Education Travelers
8.5. Business Travelers
8.6. Others
8.7. Key Segment Investment Opportunity
9. Global Travel Insurance Market by Region (US$ Million, 2019-2033)
9.1. Introduction
9.2. Europe
9.3. North America
9.4. Asia Pacific
9.5. Latin America
9.6. Middle East & Africa
9.7. Key Segment Investment Opportunity
10. Europe Travel Insurance Market (US$ Million, 2019-2033)
10.1. Introduction
10.2. Key Drivers and Takeaways
10.3. Europe Market Breakup by Insurance Type
10.4. Europe Market Breakup by Coverage
10.5. Europe Market Breakup by Distribution Channel
10.6. Europe Market Breakup by End User
10.7. Europe Market Breakup by Country
10.7.1. Germany
10.7.2. United Kingdom
10.7.3. France
10.7.4. Italy
10.7.5. Spain
10.7.6. Russia
10.7.7. Netherlands
10.7.8. Sweden
10.7.9. Poland
10.7.10. Rest of Europe
11. North America Travel Insurance Market (US$ Million, 2019-2033)
11.1. Introduction
11.2. Key Drivers and Takeaways
11.3. North America Market Breakup by Insurance Type
11.4. North America Market Breakup by Coverage
11.5. North America Market Breakup by Distribution Channel
11.6. North America Market Breakup by End User
11.7. North America Market Breakup by Country
11.7.1. United States
11.7.2. Canada
12. Asia Pacific Travel Insurance Market (US$ Million, 2019-2033)
12.1. Introduction
12.2. Key Drivers and Takeaways
12.3. Asia Pacific Market Breakup by Insurance Type
12.4. Asia Pacific Market Breakup by Coverage
12.5. Asia Pacific Market Breakup by Distribution Channel
12.6. Asia Pacific Market Breakup by End User
12.7. Asia Pacific Market Breakup by Country
12.7.1. China
12.7.2. Japan
12.7.3. India
12.7.4. South Korea
12.7.5. Australia
12.7.6. ASEAN
12.7.7. Rest of Asia Pacific
13. Latin America Travel Insurance Market (US$ Million, 2019-2033)
13.1. Introduction
13.2. Key Drivers and Takeaways
13.3. Latin America Market Breakup by Insurance Type
13.4. Latin America Market Breakup by Coverage
13.5. Latin America Market Breakup by Distribution Channel
13.6. Latin America Market Breakup by End User
13.7. Latin America Market Breakup by Country
13.7.1. Mexico
13.7.2. Brazil
13.7.3. Argentina
13.7.4. Chile
13.7.5. Rest of Latin America
14. Middle East and Africa Travel Insurance Market (US$ Million, 2019-2033)
14.1. Introduction
14.2. Key Drivers and Takeaways
14.3. Middle East and Africa Market Breakup by Insurance Type
14.4. Middle East and Africa Market Breakup by Coverage
14.5. Middle East and Africa Market Breakup by Distribution Channel
14.6. Middle East and Africa Market Breakup by End User
14.7. Middle East and Africa Market Breakup by Country
14.7.1. Saudi Arabia
14.7.2. Turkey
14.7.3. Iran
14.7.4. United Arab Emirates
14.7.5. Rest of Middle East & Africa
15. Competitive Landscape
15.1. Competitive Dashboard
15.2. Key Industry Strategies Analysis
15.3. Recent Developments
15.4. Market Scenario
16. Company Profiles
16.1. Allianz SE
16.2. American Express Company
16.3. American International Group
16.4. AXA SA
16.5. Berkshire Hathaway Specialty Insurance Company
16.6. Generali Group
16.7. Insure & Go Insurance Services (Mapfre S.A.)
16.8. Seven Corners Inc.
16.9. Travel Insured International Inc. (Crum & Forster)
16.10. USI Affinity (USI Insurance Services)
16.11. Zurich Insurance Group AG.