Selected research
Industry Research
Travel Cancellation Insurance Industry Research Report 2026
Market perspective
The global Travel Cancellation Insurance market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Travel Cancellation Insurance market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Travel Cancellation Insurance market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Travel Cancellation Insurance market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Travel Cancellation Insurance include AIG, Allianz, Prudential, Munich Re Group, ACE&Chubb, Assicurazioni Generali, Mapfre, Manulife and AXA, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Travel Cancellation Insurance market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Travel Cancellation Insurance.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Travel Cancellation Insurance Market by Company
AIG
Allianz
Prudential
Munich Re Group
ACE&Chubb
Assicurazioni Generali
Mapfre
Manulife
AXA
UnitedHealthcare Global
Tokio Marine Holdings
Hanse Merkur
Sompo Japan Nipponkoa
China Life
China Pacific Insurance
Travel Cancellation Insurance Segment by Type
Full Refund Cancellation Insurance
Travel Interruption Cancellation Insurance
Disaster Cancellation Insurance
Others
Travel Cancellation Insurance Segment by Application
Family Travel
Business Travel
Others
Travel Cancellation Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Travel Cancellation Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Travel Cancellation Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Travel Cancellation Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Travel Cancellation Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Full Refund Cancellation Insurance
- Travel Interruption Cancellation Insurance
- Disaster Cancellation Insurance
- Others
Applications
- Family Travel
- Business Travel
- Others
Companies covered
- AIG
- Allianz
- Prudential
- Munich Re Group
- ACE&Chubb
- Assicurazioni Generali
- Mapfre
- Manulife
- AXA
- UnitedHealthcare Global
- Tokio Marine Holdings
- Hanse Merkur
- Sompo Japan Nipponkoa
- China Life
- China Pacific Insurance
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Travel Cancellation Insurance by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Full Refund Cancellation Insurance
- 2.2.3 Travel Interruption Cancellation Insurance
- 2.2.4 Disaster Cancellation Insurance
- 2.2.5 Others
- 2.3 Travel Cancellation Insurance by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Family Travel
- 2.3.3 Business Travel
- 2.3.4 Others
- 2.4 Assumptions and Limitations
3 Travel Cancellation Insurance Breakdown Data by Type
- 3.1 Global Travel Cancellation Insurance Historic Market Size by Type (2021-2026)
- 3.2 Global Travel Cancellation Insurance Forecasted Market Size by Type (2027-2032)
4 Travel Cancellation Insurance Breakdown Data by Application
- 4.1 Global Travel Cancellation Insurance Historic Market Size by Application (2021-2026)
- 4.2 Global Travel Cancellation Insurance Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Travel Cancellation Insurance Market Perspective (2021-2032)
- 5.2 Global Travel Cancellation Insurance Growth Trends by Region
- 5.2.1 Global Travel Cancellation Insurance Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Travel Cancellation Insurance Historic Market Size by Region (2021-2026)
- 5.2.3 Travel Cancellation Insurance Forecasted Market Size by Region (2027-2032)
- 5.3 Travel Cancellation Insurance Market Dynamics
- 5.3.1 Travel Cancellation Insurance Industry Trends
- 5.3.2 Travel Cancellation Insurance Market Drivers
- 5.3.3 Travel Cancellation Insurance Market Challenges
- 5.3.4 Travel Cancellation Insurance Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Travel Cancellation Insurance Players by Revenue
- 6.1.1 Global Top Travel Cancellation Insurance Players by Revenue (2021-2026)
- 6.1.2 Global Travel Cancellation Insurance Revenue Market Share by Players (2021-2026)
- 6.2 Global Travel Cancellation Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Travel Cancellation Insurance Head Office and Area Served
- 6.4 Global Travel Cancellation Insurance Players, Product Type & Application
- 6.5 Global Travel Cancellation Insurance Manufacturers Established Date
- 6.6 Global Travel Cancellation Insurance Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Travel Cancellation Insurance Market Size (2021-2032)
- 7.2 North America Travel Cancellation Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Travel Cancellation Insurance Market Size by Country (2021-2026)
- 7.4 North America Travel Cancellation Insurance Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Travel Cancellation Insurance Market Size (2021-2032)
- 8.2 Europe Travel Cancellation Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Travel Cancellation Insurance Market Size by Country (2021-2026)
- 8.4 Europe Travel Cancellation Insurance Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Travel Cancellation Insurance Market Size (2021-2032)
- 9.2 Asia-Pacific Travel Cancellation Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Travel Cancellation Insurance Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Travel Cancellation Insurance Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Travel Cancellation Insurance Market Size (2021-2032)
- 10.2 South America Travel Cancellation Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Travel Cancellation Insurance Market Size by Country (2021-2026)
- 10.4 South America Travel Cancellation Insurance Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Travel Cancellation Insurance Market Size (2021-2032)
- 11.2 Middle East & Africa Travel Cancellation Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Travel Cancellation Insurance Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Travel Cancellation Insurance Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 AIG
- 12.1.1 AIG Company Information
- 12.1.2 AIG Business Overview
- 12.1.3 AIG Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.1.4 AIG Travel Cancellation Insurance Product Portfolio
- 12.1.5 AIG Recent Developments
- 12.2 Allianz
- 12.2.1 Allianz Company Information
- 12.2.2 Allianz Business Overview
- 12.2.3 Allianz Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.2.4 Allianz Travel Cancellation Insurance Product Portfolio
- 12.2.5 Allianz Recent Developments
- 12.3 Prudential
- 12.3.1 Prudential Company Information
- 12.3.2 Prudential Business Overview
- 12.3.3 Prudential Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.3.4 Prudential Travel Cancellation Insurance Product Portfolio
- 12.3.5 Prudential Recent Developments
- 12.4 Munich Re Group
- 12.4.1 Munich Re Group Company Information
- 12.4.2 Munich Re Group Business Overview
- 12.4.3 Munich Re Group Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.4.4 Munich Re Group Travel Cancellation Insurance Product Portfolio
- 12.4.5 Munich Re Group Recent Developments
- 12.5 ACE&Chubb
- 12.5.1 ACE&Chubb Company Information
- 12.5.2 ACE&Chubb Business Overview
- 12.5.3 ACE&Chubb Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.5.4 ACE&Chubb Travel Cancellation Insurance Product Portfolio
- 12.5.5 ACE&Chubb Recent Developments
- 12.6 Assicurazioni Generali
- 12.6.1 Assicurazioni Generali Company Information
- 12.6.2 Assicurazioni Generali Business Overview
- 12.6.3 Assicurazioni Generali Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.6.4 Assicurazioni Generali Travel Cancellation Insurance Product Portfolio
- 12.6.5 Assicurazioni Generali Recent Developments
- 12.7 Mapfre
- 12.7.1 Mapfre Company Information
- 12.7.2 Mapfre Business Overview
- 12.7.3 Mapfre Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.7.4 Mapfre Travel Cancellation Insurance Product Portfolio
- 12.7.5 Mapfre Recent Developments
- 12.8 Manulife
- 12.8.1 Manulife Company Information
- 12.8.2 Manulife Business Overview
- 12.8.3 Manulife Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.8.4 Manulife Travel Cancellation Insurance Product Portfolio
- 12.8.5 Manulife Recent Developments
- 12.9 AXA
- 12.9.1 AXA Company Information
- 12.9.2 AXA Business Overview
- 12.9.3 AXA Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.9.4 AXA Travel Cancellation Insurance Product Portfolio
- 12.9.5 AXA Recent Developments
- 12.10 UnitedHealthcare Global
- 12.10.1 UnitedHealthcare Global Company Information
- 12.10.2 UnitedHealthcare Global Business Overview
- 12.10.3 UnitedHealthcare Global Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.10.4 UnitedHealthcare Global Travel Cancellation Insurance Product Portfolio
- 12.10.5 UnitedHealthcare Global Recent Developments
- 12.11 Tokio Marine Holdings
- 12.11.1 Tokio Marine Holdings Company Information
- 12.11.2 Tokio Marine Holdings Business Overview
- 12.11.3 Tokio Marine Holdings Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.11.4 Tokio Marine Holdings Travel Cancellation Insurance Product Portfolio
- 12.11.5 Tokio Marine Holdings Recent Developments
- 12.12 Hanse Merkur
- 12.12.1 Hanse Merkur Company Information
- 12.12.2 Hanse Merkur Business Overview
- 12.12.3 Hanse Merkur Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.12.4 Hanse Merkur Travel Cancellation Insurance Product Portfolio
- 12.12.5 Hanse Merkur Recent Developments
- 12.13 Sompo Japan Nipponkoa
- 12.13.1 Sompo Japan Nipponkoa Company Information
- 12.13.2 Sompo Japan Nipponkoa Business Overview
- 12.13.3 Sompo Japan Nipponkoa Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.13.4 Sompo Japan Nipponkoa Travel Cancellation Insurance Product Portfolio
- 12.13.5 Sompo Japan Nipponkoa Recent Developments
- 12.14 China Life
- 12.14.1 China Life Company Information
- 12.14.2 China Life Business Overview
- 12.14.3 China Life Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.14.4 China Life Travel Cancellation Insurance Product Portfolio
- 12.14.5 China Life Recent Developments
- 12.15 China Pacific Insurance
- 12.15.1 China Pacific Insurance Company Information
- 12.15.2 China Pacific Insurance Business Overview
- 12.15.3 China Pacific Insurance Revenue in Travel Cancellation Insurance Business (2021-2026)
- 12.15.4 China Pacific Insurance Travel Cancellation Insurance Product Portfolio
- 12.15.5 China Pacific Insurance Recent Developments
13 Report Conclusion
14 Disclaimer
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