Travel Insurance
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<strong>Travel</strong> <strong>Insurance</strong> Market: Future and Growth<br />
Future and Growth of the Market<br />
• The global market is expected to garner $28,264 million by<br />
2022<br />
• Growing at a CAGR of 8.5% during the period 2016- 2022<br />
• Single trip travel insurance policy dominated the market in<br />
2015, accounting for around 71% of the overall market revenue<br />
• Annual multi trip travel insurance policies are expected to be<br />
the fastest growing policy type during the forecast period.<br />
• Business travelers segment is anticipated to grow at the fastest<br />
CAGR of 9.7% during the forecast period<br />
• <strong>Insurance</strong> aggregators is anticipated to be the fastest growing<br />
channel & is projected to register a CAGR of 11.5% during the<br />
forecast period
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