APO RESEARCH · REPORT
Travel Insurance
Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include the provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international network of specialist health care providers.
Product & engineering
Understand the product.
Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include the provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international network of specialist health care providers.
There are standard general exclusions and invalidations on most types of travel insurance policies (for example, self‑inflicted injury, acts of terrorism, non‑approved pre‑existing medical conditions, “dangerous” or extreme activities, and policyholders being under the influence of alcohol or drugs). Travel insurance is generally available in two forms: (i) as a single-trip insurance policy, which provides cover for a specific trip and is matched to the exact characteristic of the trip (e.g. number of travelling days and destination) and (ii) as an annual insurance policy, which covers multiple trips in a year. Travel insurance can be purchased from travel agents, travel suppliers (airlines, hotels, cruise lines, tour operators) a private insurance firm, insurance brokers, or online. The GWP in this report all refer to the Gross written premium from Travel Insurance. The characteristics of fine travel insurance unit of measurement as follow:
Selected research
Market Analysis & Forecast
Global Travel Insurance Market Analysis and Forecast 2026-2032
Market perspective
Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include the provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international network of specialist health care providers.
There are standard general exclusions and invalidations on most types of travel insurance policies (for example, self‑inflicted injury, acts of terrorism, non‑approved pre‑existing medical conditions, “dangerous” or extreme activities, and policyholders being under the influence of alcohol or drugs). Travel insurance is generally available in two forms: (i) as a single-trip insurance policy, which provides cover for a specific trip and is matched to the exact characteristic of the trip (e.g. number of travelling days and destination) and (ii) as an annual insurance policy, which covers multiple trips in a year. Travel insurance can be purchased from travel agents, travel suppliers (airlines, hotels, cruise lines, tour operators) a private insurance firm, insurance brokers, or online. The GWP in this report all refer to the Gross written premium from Travel Insurance. The characteristics of fine travel insurance unit of measurement as follow:
The main global Travel Insurance players include Allianz, Munich Re Group, AIG, etc. The top three Travel Insurance players account for approximately 30% of the total global market. Asia-Pacific is the largest consumer market for Travel Insurance, accounting for about 26%, followed by Europe and North America. In terms of product, Trip Cancellation is the largest segment, with a share about 45%. And in terms of application, the largest application is Family Traveler, followed by Business Traveler.
Read the full market overview
Report Includes
This report presents an overview of global market for Travel Insurance, market size. Analyses of the global market trends, with historic market revenue data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Travel Insurance, also provides the revenue of main regions and countries. Of the upcoming market potential for Travel Insurance, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Travel Insurance revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Travel Insurance market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2021 to 2032. Evaluation and forecast the market size for Travel Insurance revenue, projected growth trends, production technology, application and end-user industry.
Travel Insurance Segment by Company
Allianz
Munich Re Group
AIG
Assicurazioni Generali
Prudential
ACE&Chubb
Manulife
UnitedHealthcare Global
Mapfre
AXA
Tokio Marine Holdings
China Pacific insurance
Hanse Merkur
Ping An Insurance (Group) Company of China
People's insurance company of China
China Life
Sompo Japan Nipponkoa
Travel Insurance Segment by Type
Trip Cancellation
Trip Delay
Medical Expense
Property Damage
Other
Travel Insurance Segment by Application
Family Traveler
Senior Citizens
Business Traveler
Other
Travel Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.
2. To present the key players, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 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 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 market size), 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 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: 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 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Revenue of Travel Insurance in global and regional level. 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 4: Detailed analysis of Travel Insurance company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Travel Insurance revenue, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, revenue for each segment.
Chapter 9: Europe by type, by application and by country, revenue for each segment.
Chapter 10: China type, by application, revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, revenue for each segment.
Chapter 13: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Trip Cancellation
- Trip Delay
- Medical Expense
- Property Damage
- Other
Applications
- Family Traveler
- Senior Citizens
- Business Traveler
- Other
Companies covered
- Allianz
- Munich Re Group
- AIG
- Assicurazioni Generali
- Prudential
- ACE&Chubb
- Manulife
- UnitedHealthcare Global
- Mapfre
- AXA
- Tokio Marine Holdings
- China Pacific insurance
- Hanse Merkur
- Ping An Insurance (Group) Company of China
- People's insurance company of China
- China Life
- Sompo Japan Nipponkoa
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Travel Insurance Market by Type
- 1.2.1 Global Travel Insurance Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Trip Cancellation
- 1.2.3 Trip Delay
- 1.2.4 Medical Expense
- 1.2.5 Property Damage
- 1.2.6 Other
- 1.3 Travel Insurance Market by Application
- 1.3.1 Global Travel Insurance Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Family Traveler
- 1.3.3 Senior Citizens
- 1.3.4 Business Traveler
- 1.3.5 Other
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Travel Insurance Market Dynamics
- 2.1 Travel Insurance Industry Trends
- 2.2 Travel Insurance Industry Drivers
- 2.3 Travel Insurance Industry Opportunities and Challenges
- 2.4 Travel Insurance Industry Restraints
3 Global Growth Perspective
- 3.1 Global Travel Insurance Market Perspective (2021-2032)
- 3.2 Global Travel Insurance Growth Trends by Region
- 3.2.1 Global Travel Insurance Market Size by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Travel Insurance Market Size by Region (2021-2026)
- 3.2.3 Global Travel Insurance Market Size by Region (2027-2032)
4 Competitive Landscape by Players
- 4.1 Global Travel Insurance Revenue by Players
- 4.1.1 Global Travel Insurance Revenue by Players (2021-2026)
- 4.1.2 Global Travel Insurance Revenue Market Share by Players (2021-2026)
- 4.1.3 Global Travel Insurance Players Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Travel Insurance Key Players Ranking, 2024 VS 2025 VS 2026
- 4.3 Global Travel Insurance Key Players Headquarters & Area Served
- 4.4 Global Travel Insurance Players, Product Type & Application
- 4.5 Global Travel Insurance Players Establishment Date
- 4.6 Market Competitive Analysis
- 4.6.1 Global Travel Insurance Market CR5 and HHI
- 4.6.3 2025 Travel Insurance Tier 1, Tier 2, and Tier 3
5 Travel Insurance Market Size by Type
- 5.1 Global Travel Insurance Revenue by Type (2021 VS 2025 VS 2032)
- 5.2 Global Travel Insurance Revenue by Type (2021-2032)
- 5.3 Global Travel Insurance Revenue Market Share by Type (2021-2032)
6 Travel Insurance Market Size by Application
- 6.1 Global Travel Insurance Revenue by Application (2021 VS 2025 VS 2032)
- 6.2 Global Travel Insurance Revenue by Application (2021-2032)
- 6.3 Global Travel Insurance Revenue Market Share by Application (2021-2032)
7 Company Profiles
- 7.1 Allianz
- 7.1.1 Allianz Company Information
- 7.1.2 Allianz Business Overview
- 7.1.3 Allianz Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.1.4 Allianz Travel Insurance Product Portfolio
- 7.1.5 Allianz Recent Developments
- 7.2 Munich Re Group
- 7.2.1 Munich Re Group Company Information
- 7.2.2 Munich Re Group Business Overview
- 7.2.3 Munich Re Group Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.2.4 Munich Re Group Travel Insurance Product Portfolio
- 7.2.5 Munich Re Group Recent Developments
- 7.3 AIG
- 7.3.1 AIG Company Information
- 7.3.2 AIG Business Overview
- 7.3.3 AIG Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.3.4 AIG Travel Insurance Product Portfolio
- 7.3.5 AIG Recent Developments
- 7.4 Assicurazioni Generali
- 7.4.1 Assicurazioni Generali Company Information
- 7.4.2 Assicurazioni Generali Business Overview
- 7.4.3 Assicurazioni Generali Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.4.4 Assicurazioni Generali Travel Insurance Product Portfolio
- 7.4.5 Assicurazioni Generali Recent Developments
- 7.5 Prudential
- 7.5.1 Prudential Company Information
- 7.5.2 Prudential Business Overview
- 7.5.3 Prudential Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.5.4 Prudential Travel Insurance Product Portfolio
- 7.5.5 Prudential Recent Developments
- 7.6 ACE&Chubb
- 7.6.1 ACE&Chubb Company Information
- 7.6.2 ACE&Chubb Business Overview
- 7.6.3 ACE&Chubb Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.6.4 ACE&Chubb Travel Insurance Product Portfolio
- 7.6.5 ACE&Chubb Recent Developments
- 7.7 Manulife
- 7.7.1 Manulife Company Information
- 7.7.2 Manulife Business Overview
- 7.7.3 Manulife Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.7.4 Manulife Travel Insurance Product Portfolio
- 7.7.5 Manulife Recent Developments
- 7.8 UnitedHealthcare Global
- 7.8.1 UnitedHealthcare Global Company Information
- 7.8.2 UnitedHealthcare Global Business Overview
- 7.8.3 UnitedHealthcare Global Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.8.4 UnitedHealthcare Global Travel Insurance Product Portfolio
- 7.8.5 UnitedHealthcare Global Recent Developments
- 7.9 Mapfre
- 7.9.1 Mapfre Company Information
- 7.9.2 Mapfre Business Overview
- 7.9.3 Mapfre Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.9.4 Mapfre Travel Insurance Product Portfolio
- 7.9.5 Mapfre Recent Developments
- 7.10 AXA
- 7.10.1 AXA Company Information
- 7.10.2 AXA Business Overview
- 7.10.3 AXA Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.10.4 AXA Travel Insurance Product Portfolio
- 7.10.5 AXA Recent Developments
- 7.11 Tokio Marine Holdings
- 7.11.1 Tokio Marine Holdings Company Information
- 7.11.2 Tokio Marine Holdings Business Overview
- 7.11.3 Tokio Marine Holdings Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.11.4 Tokio Marine Holdings Travel Insurance Product Portfolio
- 7.11.5 Tokio Marine Holdings Recent Developments
- 7.12 China Pacific insurance
- 7.12.1 China Pacific insurance Company Information
- 7.12.2 China Pacific insurance Business Overview
- 7.12.3 China Pacific insurance Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.12.4 China Pacific insurance Travel Insurance Product Portfolio
- 7.12.5 China Pacific insurance Recent Developments
- 7.13 Hanse Merkur
- 7.13.1 Hanse Merkur Company Information
- 7.13.2 Hanse Merkur Business Overview
- 7.13.3 Hanse Merkur Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.13.4 Hanse Merkur Travel Insurance Product Portfolio
- 7.13.5 Hanse Merkur Recent Developments
- 7.14 Ping An Insurance (Group) Company of China
- 7.14.1 Ping An Insurance (Group) Company of China Company Information
- 7.14.2 Ping An Insurance (Group) Company of China Business Overview
- 7.14.3 Ping An Insurance (Group) Company of China Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.14.4 Ping An Insurance (Group) Company of China Travel Insurance Product Portfolio
- 7.14.5 Ping An Insurance (Group) Company of China Recent Developments
- 7.15 People's insurance company of China
- 7.15.1 People's insurance company of China Company Information
- 7.15.2 People's insurance company of China Business Overview
- 7.15.3 People's insurance company of China Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.15.4 People's insurance company of China Travel Insurance Product Portfolio
- 7.15.5 People's insurance company of China Recent Developments
- 7.16 China Life
- 7.16.1 China Life Company Information
- 7.16.2 China Life Business Overview
- 7.16.3 China Life Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.16.4 China Life Travel Insurance Product Portfolio
- 7.16.5 China Life Recent Developments
- 7.17 Sompo Japan Nipponkoa
- 7.17.1 Sompo Japan Nipponkoa Company Information
- 7.17.2 Sompo Japan Nipponkoa Business Overview
- 7.17.3 Sompo Japan Nipponkoa Travel Insurance Revenue and Gross Margin (2021-2026)
- 7.17.4 Sompo Japan Nipponkoa Travel Insurance Product Portfolio
- 7.17.5 Sompo Japan Nipponkoa Recent Developments
8 North America
- 8.1 North America Travel Insurance Revenue (2021-2032)
- 8.2 North America Travel Insurance Revenue by Type (2021-2032)
- 8.2.1 North America Travel Insurance Revenue by Type (2021-2026)
- 8.2.2 North America Travel Insurance Revenue by Type (2027-2032)
- 8.3 North America Travel Insurance Revenue Share by Type (2021-2032)
- 8.4 North America Travel Insurance Revenue by Application (2021-2032)
- 8.4.1 North America Travel Insurance Revenue by Application (2021-2026)
- 8.4.2 North America Travel Insurance Revenue by Application (2027-2032)
- 8.5 North America Travel Insurance Revenue Share by Application (2021-2032)
- 8.6 North America Travel Insurance Revenue by Country
- 8.6.1 North America Travel Insurance Revenue by Country (2021 VS 2025 VS 2032)
- 8.6.2 North America Travel Insurance Revenue by Country (2021-2026)
- 8.6.3 North America Travel Insurance Revenue by Country (2027-2032)
- 8.6.4 United States
- 8.6.5 Canada
- 8.6.6 Mexico
9 Europe
- 9.1 Europe Travel Insurance Revenue (2021-2032)
- 9.2 Europe Travel Insurance Revenue by Type (2021-2032)
- 9.2.1 Europe Travel Insurance Revenue by Type (2021-2026)
- 9.2.2 Europe Travel Insurance Revenue by Type (2027-2032)
- 9.3 Europe Travel Insurance Revenue Share by Type (2021-2032)
- 9.4 Europe Travel Insurance Revenue by Application (2021-2032)
- 9.4.1 Europe Travel Insurance Revenue by Application (2021-2026)
- 9.4.2 Europe Travel Insurance Revenue by Application (2027-2032)
- 9.5 Europe Travel Insurance Revenue Share by Application (2021-2032)
- 9.6 Europe Travel Insurance Revenue by Country
- 9.6.1 Europe Travel Insurance Revenue by Country (2021 VS 2025 VS 2032)
- 9.6.2 Europe Travel Insurance Revenue by Country (2021-2026)
- 9.6.3 Europe Travel Insurance Revenue by Country (2027-2032)
- 9.6.4 Germany
- 9.6.5 France
- 9.6.6 U.K.
- 9.6.7 Italy
- 9.6.8 Russia
- 9.6.9 Spain
- 9.6.10 Netherlands
- 9.6.11 Switzerland
- 9.6.12 Sweden
- 9.6.13 Poland
10 China
- 10.1 China Travel Insurance Revenue (2021-2032)
- 10.2 China Travel Insurance Revenue by Type (2021-2032)
- 10.2.1 China Travel Insurance Revenue by Type (2021-2026)
- 10.2.2 China Travel Insurance Revenue by Type (2027-2032)
- 10.3 China Travel Insurance Revenue Share by Type (2021-2032)
- 10.4 China Travel Insurance Revenue by Application (2021-2032)
- 10.4.1 China Travel Insurance Revenue by Application (2021-2026)
- 10.4.2 China Travel Insurance Revenue by Application (2027-2032)
- 10.5 China Travel Insurance Revenue Share by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Travel Insurance Revenue (2021-2032)
- 11.2 Asia Travel Insurance Revenue by Type (2021-2032)
- 11.2.1 Asia Travel Insurance Revenue by Type (2021-2026)
- 11.2.2 Asia Travel Insurance Revenue by Type (2027-2032)
- 11.3 Asia Travel Insurance Revenue Share by Type (2021-2032)
- 11.4 Asia Travel Insurance Revenue by Application (2021-2032)
- 11.4.1 Asia Travel Insurance Revenue by Application (2021-2026)
- 11.4.2 Asia Travel Insurance Revenue by Application (2027-2032)
- 11.5 Asia Travel Insurance Revenue Share by Application (2021-2032)
- 11.6 Asia Travel Insurance Revenue by Country
- 11.6.1 Asia Travel Insurance Revenue by Country (2021 VS 2025 VS 2032)
- 11.6.2 Asia Travel Insurance Revenue by Country (2021-2026)
- 11.6.3 Asia Travel Insurance Revenue by Country (2027-2032)
- 11.6.4 Japan
- 11.6.5 South Korea
- 11.6.6 India
- 11.6.7 Australia
- 11.6.8 Taiwan
- 11.6.9 Southeast Asia
12 South America, Middle East and Africa
- 12.1 SAMEA Travel Insurance Revenue (2021-2032)
- 12.2 SAMEA Travel Insurance Revenue by Type (2021-2032)
- 12.2.1 SAMEA Travel Insurance Revenue by Type (2021-2026)
- 12.2.2 SAMEA Travel Insurance Revenue by Type (2027-2032)
- 12.3 SAMEA Travel Insurance Revenue Share by Type (2021-2032)
- 12.4 SAMEA Travel Insurance Revenue by Application (2021-2032)
- 12.4.1 SAMEA Travel Insurance Revenue by Application (2021-2026)
- 12.4.2 SAMEA Travel Insurance Revenue by Application (2027-2032)
- 12.5 SAMEA Travel Insurance Revenue Share by Application (2021-2032)
- 12.6 SAMEA Travel Insurance Revenue by Country
- 12.6.1 SAMEA Travel Insurance Revenue by Country (2021 VS 2025 VS 2032)
- 12.6.2 SAMEA Travel Insurance Revenue by Country (2021-2026)
- 12.6.3 SAMEA Travel Insurance Revenue by Country (2027-2032)
- 12.6.4 Brazil
- 12.6.5 Argentina
- 12.6.6 Chile
- 12.6.7 Colombia
- 12.6.8 Peru
- 12.6.9 Saudi Arabia
- 12.6.10 Israel
- 12.6.11 UAE
- 12.6.12 Turkey
- 12.6.13 Iran
- 12.6.14 Egypt
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
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