The annual multi-trip type segment in the global travel insurance market is estimated to account for majority revenue share in 2017, and this segment is projected to be valued at US$ 5,155.1 Mn in 2017.
The business travellers application segment is expected to be largest segment with a revenue US$ 3,229.4 Mn in 2017, and is expected to continue its dominance over the forecast period.
The travel insurance market in Europe is estimated to account for major revenue share of US$ 5,384.0 Mn in 2017, while the market in China is expected to register a highest CAGR in next ten years. The market in North America accounts for second-highest revenue share in the global market, in 2017.
Key players operating in the global travel insurance market include 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.