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(MoneyNewsWire.Net, November 20, 2018 ) The Study of this report includes an in-depth assessment on Global Travel Insurance Market 2018-2025 including key market opportunities, innovative technologies, industry trends, market threat, upcoming trends, with key company profiles and overall competitive analysis. The report study can help them to make important business decisions on market expansion, and to increase the demand for Travel Insurance market across the globe.
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Travel insurance is only a very small part of the overall general insurance market, it covers is available for single trip, annual multi-trip and long stay trips. and the detail are mainly medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or within ones own country. Among different applications in 2022, family traveler will take the largest part, accout for 45.59% Europe, Asia-Pacific, and North America are the three regions that share the most percentage.
In 2017, the global Travel Insurance market size was 13800 million US$ and it is expected to reach 23200 million US$ by the end of 2025, with a CAGR of 6.7% during 2018-2025.
The key players covered in this study
Allianz
AIG
Munich RE
Generali
Tokio Marine
Sompo Japan
CSA Travel Protection
AXA
Pingan Baoxian
Mapfre Asistencia
USI Affinity
Seven Corners
Hanse Merkur
MH Ross
Market segment by Type, the product can be split into
Single Trip
Annual Multi-trip
Long-Stay
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Market segment by Application, split into
Family Traveler
Senior Citizens
Business Traveler
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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