Global Travel Insurance Market, Forecast Till 2025

The Global Travel Insurance Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of 9.2% by 2025. The growth in global tourism is one of the prime factors escalating the growth of the global travel insurance industry. With rapid growth in tourist traffic across airports and marine ports, increased instances of loss of documents & luggage, medical casualties, natural calamities, delays in trips and cancellation of trips are being recorded.


Travel insurance offers financial guarantee for medical expenses that can occur due to illnesses and accidents. Medical treatment is expensive in some countries, and the medical bills can amount to tens of thousands of dollars in such countries.


This can be secured through travel medical insurance, where the travelers are reimbursed for the total amount of money that they spend on medical treatment. Travel insurance covers medical evacuation which assures the travelers of free transportation in case of any medical or other emergencies.


The latest travel insurance industry statistics reveal that advances in technology, holiday entitlement, increased disposable incomes, effect of media and easy availability of holiday packages are some major factors accelerating the growth of tourism globally.



Some of the key players operating in this market include Allianz SE, Munich Reinsurance America, Inc., American Express Company, Travelex Insurance Services, Atlas Travel Insurance Services Ltd, Aviva PLC, Saga Plc, Bajaj Finserv Limited, China Pacific Life Insurance Co., Ltd., MS&AD Insurance Group Holdings, Inc., Munich Reinsurance Company, Ping An Insurance Company of China, Ltd., China Life Insurance Company Limited., MAPFRE Insurance Company Inc., Prudential Financial Inc., and Chubb Limited, among others.

Key benefits of the report:
? Global, Regional, Country, USERS, and Insurance Cover Market Size and Forecast from 2014-2025
? Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
? Identification of key companies that can influence this market on a global and regional scale
? Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
? Detailed insights on emerging regions, Insurance Cover & USERS, and competitive landscape with qualitative and quantitative information and facts
? Emerging technologies benefitting the market


Target Audience:
* Travel Insurance providers
* Distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
?
Research Methodology

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity Production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Component Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute

TABLE OF CONTENT

1 EXECUTIVE SUMMARY

2 METHODOLOGY AND MARKET SCOPE
2.1 Research Methodology
2.2 Research Scope & Assumptions

3 TRAVEL INSURANCE MARKET ? INDUSTRY OUTLOOK
3.1 Market Segmentation and Scope
3.2 Market Size & Growth Prospects
3.3 Travel Insurance Market ? Value Chain / Supply Chain Analysis
3.3.1 Company Landscape
3.4 Travel Insurance Market ? Market Dynamics
3.4.1 Market Driver
3.4.2 Market Restraints
3.4.3 Market Challenges
3.5 Travel Insurance Market Company Market Share, 2017
3.6 Travel Insurance Market ? Porter?s Five Forces Analysis
3.7 Travel Insurance Market ? Pestel Analysis

4 TRAVEL INSURANCE MARKET INSURANCE COVER OUTLOOK
4.1 Travel Insurance Market Share by Insurance Cover, 2016 & 2025
4.2 Single Trip Travel Insurance
4.3 Annual Multi-Trip Travel Insurance
4.4 Long-Stay Travel Insurance

5 TRAVEL INSURANCE MARKET USERS OUTLOOK
5.1 Travel Insurance Market Share By USERS, 2016 & 2025
5.2 Senior Citizens (Above age of 60 years)
5.3 Education Traveler
5.4 Backpackers
5.5 Business Traveler
5.6 Family Traveler
5.7 Fully independent Traveler

6 TRAVEL INSURANCE MARKET REGIONAL OUTLOOK
6.1 Travel Insurance Market Share by Region, 2016 & 2025
6.2 North America
6.2.1 North America Travel Insurance Market, 2014 - 2025
6.2.2 North America Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.2.3 North America Travel Insurance Market, By USERS, 2014 - 2025
6.2.5 U.S.
6.2.5.1 U.S. Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.2.5.2 U.S. Travel Insurance Market, By USERS, 2014 - 2025
6.2.6 Canada
6.2.6.1 Canada Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.2.6.2 Canada Travel Insurance Market, By USERS, 2014 - 2025
6.3 Europe
6.3.1 Europe Travel Insurance Market, 2014 ? 2025
6.3.2 Europe Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.3.3 Europe Travel Insurance Market, By USERS, 2014 - 2025
6.3.5 Germany
6.3.5.1 Germany Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.3.5.2 Germany Travel Insurance Market, By USERS, 2014 - 2025
6.3.6 UK
6.3.6.1 UK Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.3.6.2 UK Travel Insurance Market, By USERS, 2014 - 2025
6.4 Asia Pacific
6.4.1 Asia Pacific Travel Insurance Market, 2014 - 2025
6.4.2 Asia Pacific Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.4.3 Asia Pacific Travel Insurance Market, By USERS, 2014 - 2025
6.4.5 Australia
6.4.5.1 Australia Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.4.5.2 Australia Travel Insurance Market, By USERS, 2014 - 2025
6.4.6 New Zealand
6.4.6.1 New Zealand Travel Insurance Market, By Insurance Cover, 2014 -
2025
6.4.6.2 New Zealand Travel Insurance Market, By USERS, 2014 -2025
6.4.6.3 New Zealand Travel Insurance Market, By End-Use, 2014 -2025
6.4.7 China
6.4.7.1 China Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.4.7.2 China Travel Insurance Market, By USERS, 2014 - 2025
6.4.8 India
6.4.8.1 India Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.4.8.2 India Travel Insurance Market, By USERS, 2014 - 2025
6.4.9 Japan
6.4.9.1 Japan Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.4.9.2 Japan Travel Insurance Market, By USERS, 2014 - 2025
6.5 South America
6.5.1 South America Travel Insurance Market, 2014 - 2025
6.5.2 South America Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.5.3 South America Travel Insurance Market, By USERS, 2014 - 2025
6.5.5 Brazil
6.5.5.1 Brazil Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.5.5.2 Brazil Travel Insurance Market, By USERS, 2014 - 2025
6.5.6 Mexico
6.5.6.1 Mexico Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.5.6.2 Mexico Travel Insurance Market, By USERS, 2014 - 2025
6.6 MEA
6.6.1 MEA Travel Insurance Market, 2014 - 2025
6.6.2 MEA Travel Insurance Market, By Insurance Cover, 2014 - 2025
6.6.3 MEA Travel Insurance Market, By USERS, 2014 ? 2025
Note: Regions or countries considered may vary depending upon the market penetration.


7 COMPETITIVE LANDSCAPE
7.1 Allianz SE
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 Munich Reinsurance America, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 American Express Company
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Travelex Insurance Services
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 Atlas Travel Insurance Services Ltd
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Aviva PLC
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Saga Plc
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Bajaj Finserv Limited
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 China Pacific Life Insurance Co., Ltd.
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
Note: Companies considered may vary depending upon the availability of information in public domain.

End of the report
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