Travel Insurance Market Size, Forecast 2014 - 2022

1
TRAVEL INSURANCE MARKET
Opportunities and Forecasts, 2014 2021
Pages 110 Published 2016
2
 
TRAVEL INSURANCE MARKET OVERVIEW

• Travel Insurance Market Report, published by
  Allied Market Research, forecasts that the global
  market is expected to garner 28,264 million by
  2022, growing at a CAGR of 8.5 during the
  period 2016- 2022. 
• In 2015, Europe lead the travel insurance market,
  followed by Asia-Pacific. Growth in the region
  has been supplemented by rise in number of senior
  citizen travelers, and increase in business
  travel expenditure.
• Growth in tourism is the prime factor that drives
  the travel insurance market. According to UNWTO,
  international tourist arrivals grew at a rate of
  4.4 in 2015 to reach a total of 1,184 million,
  with North America witnessing the highest inbound
  travel. 
• Read more at https//www.alliedmarketresearch.co
  m/travel-insurance-market

3
 
 
TRAVEL INSURANCE MARKET
Travelling internationally is becoming easy with
the increased aging population, growth in middle
class, and improved infrastructure combined with
technological advances and propelled demand for
travel insurance. Low dependency ratio, rise in
disposable income, more spare time, and rise in
aspirations gave rise to Gen S travelers. A
notable increase in the number of senior citizen
travelers especially leisure travelers would have
remarkable impact on travel insurance
industry Bhawna Kohli
4
 
TRAVEL INSURANCE MARKET KEY BENEFITS

• The study provides an in-depth analysis of the
  world travel insurance market with current trends
  and future estimations to elucidate the imminent
  investment pockets.
• The report provides a quantitative analysis from
  2014 to 2022, which is expected to enable the
  stakeholders to capitalize on prevailing market
  opportunities.
• The report provides actual historical figures for
  2014 and 2015 and provides forecasts for 2016 to
  2022, considering 2015 as base.
• Competitive intelligence highlights the business
  practices followed by leading players across
  various regions.

5
 
MIDDLE EAST TRAVEL INSURANCE MARKET
6
 
TRAVEL INSURANCE MARKET KEY FINDINGS

• In 2015, Europe was the highest
  revenue-generating region, followed by
  Asia-Pacific.
• Single trip travel insurance policies would
  continue to be the major revenue generating
  segment throughout the analysis period.
• Family travelers occupied prominent share of the
  overall market revenue in 2015 and would continue
  to lead the market over 2016-2022.
• Insurance intermediaries would be the highest-
  revenue generating market segment throughout
  2014-2022.

7
 
EU POPULATION PARTICIPATING IN TOURISM BY AGE
GROUP
8
 
KEY PLAYERS IN INDUSTRY

• Berkshire Hathaway Specialty Insurance,
• Travelex Group,
• Tokio Marine HCC Medical Insurance Services
  Group,
• Aviva PLC,
• American Express Company,
• Travel Insured International.
• Download free Sample Report
• https//www.alliedmarketresearch.com/request-free-
  sample/1610

9
 
TRAVEL INSURANCE MARKET BY DISTRIBUTION CHANNEL
10
 
MARKET SEGMENT BY BY INSURANCE COVER
11
 
 
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/travel-insura
nce-market
Follow Us On