Group Travel Insurance Market Size and Growth
The Group Travel Insurance market is experiencing robust growth, driven by increasing travel activities and a rising awareness of risk management. Current market size estimates reach approximately $3.5 billion, with projections indicating a compound annual growth rate (CAGR) of 6% over the next five years, reflecting evolving consumer needs and trends.
Companies Covered
(Covid 19 Impact Covered)
◍ Allianz
◍ AIG
◍ Munich RE
◍ Generali
◍ Tokio Marine
◍ Sompo Japan
◍ CSA Travel Protection
◍ AXA
◍ Pingan Baoxian
◍ Mapfre Asistencia
◍ USI Affinity
◍ Seven Corners
◍ Hanse Merkur
◍ MH Ross
◍ STARR
The Group Travel Insurance Market features major players like Allianz, AIG, Munich RE, and AXA, providing tailored coverage for groups. Their innovations, partnerships, and customer-centric strategies enhance market growth. Companies like Tokio Marine and Generali expand offerings, driving sales and revenue increases across the sector. Specific revenue figures are proprietary.
Market Segmentation
By Application
By Product
Insurance Broker
Market Growth
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$ 611.81 Million
