The global travel insurance market was valued at nearly US$ 12 billion in 2017, and is expected to register a CAGR of 4.7%. Global Travel Insurance Market: Segmental Snapshot By type: The annual multi-trip segment is expected to register a CAGR of over 5.0% between 2017 and 2026. By application: The business travelers segment is projected to register highest CAGR of over 5% during the forecast period. By region/country: The China travel insurance market is expected to register highest CAGR of over 5.0% in terms of revenue during the forecast period. Major companies such as CSA Travel Protection, USI Affinity, Seven Corners Inc., TravelSafe Insurance, MH Ross, Allianz Global Assistance, Travel Insured International, AXA, American International Group, Inc., Insure & Go Insurance Services Limited, Berkshire Hathaway Specialty Insurance, Travelex Group, Tokio Marine HCC Medical Insurance Services Group, Aviva plc, American Express Company, Munich RE, Groupama, MAPFRE ASSISTANCE, Sompo Japan Nipponkoa Insurance Inc., Ping An Insurance Company of China, Ltd., and Starr Companies.
2021 US$ 66.0 Bn: Global Travel Insurance Market is expected to reach US$ 66.0 Bn in 2021