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Europe Travel Insurance Market
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Europe Travel Insurance Market

Home BFSI Europe Travel Insurance Market

Europe Travel Insurance Market, By Category (Domestic, International); By Type (Single-Trip Travel Insurance, Multi-Trip Travel Insurance, Extended Travel Insurance); By Distribution Channel (Insurance Companies, Insurance Intermediaries, Banks, Insurance Aggregators, Insurance Brokers); By End User (Senior Citizens, Health Travelers, Education Travelers, Business Travelers, Family Travelers); By Coverage (Medical Expense, Trip Delay, Trip Cancellation, Property Damage, Theft/Loss); By Country (Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, Rest of Europe), Competitive Landscape & Forecast, 2019–2029

  • Published Date: October 2023
  • Report ID: BWC23844
  • Available Format: PDF
  • Page: 200

Report Overview

Increasing awareness about the benefits of travel insurance policies, rising health concerns, and frequent travel disruptions such as natural disasters and flight cancellations, regulatory mandates and the expansion of online insurance platforms are expected to contribute to the growth of the Europe Travel Insurance Market during the forecast period between 2023 and 2029.

Europe Travel Insurance Market – Industry Trends & Forecast Report, 2029

Europe travel insurance market size was estimated at USD 3.51 billion in 2022. During the forecast period between 2023 and 2029, the size of Europe travel insurance market is projected to grow at a CAGR of 3.4% reaching a value of USD 4.44 billion by 2029. The growth of the Europe travel insurance market is primarily driven by several key factors. Firstly, increasing awareness of the importance of travel insurance, especially in light of unforeseen events such as natural disasters or health emergencies. Secondly, rising travel frequency due to improved economic conditions and ease of transportation. Thirdly, the expansion of international tourism within Europe. Regulatory mandates in some European countries requiring travel insurance for visa purposes contribute to market growth. Further, the diversification of insurance offerings, including personalized and COVID-19-related coverage, appeals to a broader customer base, stimulating market expansion.

Europe Travel Insurance Market

Europe Travel Insurance Market - Overview

Travel insurance is a financial protection policy designed to mitigate risks associated with traveling. It typically covers a range of unforeseen events such as trip cancellations, medical emergencies, lost luggage, and travel delays. Travelers pay a premium for this coverage, which can vary based on factors like trip duration and destination. Travel insurance offers peace of mind by providing financial reimbursement for covered expenses, ensuring that travelers can navigate unexpected challenges while abroad. It's a valuable tool for safeguarding your travel investment and well-being, making it an essential consideration for anyone embarking on a journey, whether for leisure or business.

Growth Drivers

Digital Transformation

The Europe travel insurance market is experiencing robust growth, driven by a pivotal factor—digital transformation. As travelers increasingly embrace online booking platforms, insurers are leveraging advanced technologies to streamline their operations. The adoption of AI and machine learning allows for personalized policies, faster claims processing, and improved customer experiences. The rising awareness of the importance of travel insurance in uncertain times, such as the COVID-19 pandemic, has prompted higher demand. This convergence of technology and changing consumer behavior is propelling the Europe travel insurance market to new heights, making it a thriving industry in the digital age.

Restraints

Regulatory Complexities May Hinder Expansion of the Market

The Europe travel insurance market faces a significant restraint in the form of intricate regulatory frameworks. As each European country boasts distinct insurance regulations, insurers must navigate a labyrinth of rules, compliance standards, and legal nuances. This complexity not only escalates administrative costs but also impedes the development of standardized, pan-European insurance products. Consequently, insurance providers must allocate substantial resources to tailor policies for individual markets, inhibiting seamless cross-border expansion. Overcoming this regulatory hurdle is paramount to fostering market growth and ensuring a more streamlined and accessible travel insurance landscape across Europe.

Impact of COVID-19 on Europe Travel Insurance Market

The Europe travel insurance market witnessed significant shifts due to the COVID-19 pandemic. Travel restrictions, lockdowns, and health concerns led to a surge in cancellations and claims, forcing insurers to adopt policies. Increased demand for coverage related to trip cancellations, medical expenses, and quarantine accommodations transformed product offerings. Insurance companies incorporated pandemic-specific clauses and adjusted pricing models. As travel slowly resumes, the market faces ongoing challenges, including evolving travel regulations and customer preferences. The pandemic underscored the importance of comprehensive coverage, setting a new standard for the European travel insurance sector in the post-COVID era.

Europe Travel Insurance Market

Segmental Coverage

Europe Travel Insurance Market – By Category

Based on category, Europe travel insurance market is bifurcated into Domestic and International segments. The international travel insurance category is a larger segment in the market. The segment encompasses insurance policies tailored to cover travelers embarking on journeys outside their home country. With the increasing trend of international travel, including vacations, business trips, and study abroad programs, the demand for international travel insurance has surged, making it the dominant force in the European travel insurance market. This segment caters to a diverse range of needs, offering coverage for medical emergencies, trip cancellations, lost baggage, and various other travel-related risks, contributing significantly to the market's growth and revenue.

Europe Travel Insurance Market – By Type

Based on type, Europe travel insurance market is divided into Single-Trip Travel Insurance, Multi-Trip Travel Insurance, and Extended Travel Insurance segments. The single-trip travel insurance is the largest in the Europe travel insurance market, accounting for a significant portion of the market share. This insurance type is designed for individuals embarking on one-time journeys and offers coverage for the duration of a single trip. It is a popular choice among occasional travelers and vacationers. However, the market's dynamics may shift over time as travel trends and consumer preferences evolve, so continuous monitoring is crucial for insurers to adapt to changing demands.

Europe Travel Insurance Market Size

Europe Travel Insurance Market – By Distribution Channel

By distribution channel, Europe travel insurance market is divided into Insurance Companies, Insurance Intermediaries, Banks, Insurance Aggregators, and Insurance Brokers segments. Insurance companies dominate the market by distribution channel. Insurance companies, established financial entities, are primary providers of travel insurance policies, offering a wide range of coverage options to travelers. They have significant resources, underwriting expertise, and the ability to manage and pay out claims efficiently. Insurance intermediaries and banks also play substantial roles, serving as distribution channels for travel insurance products. Insurance aggregators and insurance brokers also contribute to the market by facilitating access to multiple insurance options, albeit typically in smaller proportions compared to the aforementioned segments. Nonetheless, insurance companies remain at the forefront of the European travel insurance landscape.

Europe Travel Insurance Market – By End User

By end user, Europe travel insurance market is divided into Senior Citizens, Health Travelers, Education Travelers, Business Travelers, and Family Travelers segments. The "Family Travelers" segment is the largest segment in the Europe travel insurance market. This category encompasses individuals or families traveling for leisure and vacations, often including children and other family members. Family travelers represent a significant portion of the market due to the volume of vacations and holidays taken within Europe. This segment requires insurance coverage for various aspects of their trip, including medical emergencies, trip cancellations, and lost luggage. Therefore, insurance providers often focus on tailoring policies to meet the specific needs of family travelers, making it one of the most prominent segments in the European travel insurance market.

Europe Travel Insurance Market – By Coverage

On the basis of coverage, Europe travel insurance market is divided into Medical Expense, Trip Delay, Trip Cancellation, Property Damage, and Theft/Loss segments. The medical expense segment stands out as the largest. This category addresses the crucial aspect of covering medical expenses incurred during travel, ensuring that travelers receive necessary healthcare without financial burden. It encompasses expenses related to injuries, illnesses, and emergencies abroad. While other segments like trip delay, trip cancellation, property damage, and theft/loss are important for comprehensive coverage, the prominence of the medical expense segment reflects the significance of health and well-being when traveling in Europe, making it the largest and most vital component of travel insurance in the region.

Europe Travel Insurance Market – By Country

Geographically, Europe travel insurance market is divided into Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and Rest of Europe. These nations represent the core markets within Europe for travel insurance services, boasting a substantial customer base and robust insurance industries. However, it's essential to note that the market extends beyond these primary countries, encompassing the broader category of "Rest of Europe." While these core regions dominate the market, emerging trends and opportunities may arise in the Rest of Europe segment, making it an area to watch for potential growth and innovation within the travel insurance sector.

Competitive Landscape

Major players in the travel insurance market include Allianz, American International Group Inc. (AIG), Assicurazioni Generali S.P.A., Aviva, AXA, EUROPEAN Travel Insurance Group, Insure & Go, Insurance Services Limited, Mutuaide, The April Group, and Zurich. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

Germany, United Kingdom, Italy, France, Spain, Belgium, Russia, Netherlands, Rest of Europe

Product/ Service Segmentation

Category, Type, Distribution Channel, End User, Coverage, Country

Key Players

Allianz, American International Group Inc. (AIG), Assicurazioni Generali S.P.A., Aviva, AXA, EUROPEAN Travel Insurance Group, Insure & Go, Insurance Services Limited, Mutuaide, The April Group, Zurich

 

 

By Category

  • Domestic

  • International

By Type

  • Single-Trip Travel Insurance

  • Multi-Trip Travel Insurance

  • Extended Travel Insurance

By Distribution Channel

  • Insurance Companies

  • Insurance Intermediaries

  • Banks

  • Insurance Aggregators

  • Insurance Brokers

By End User

  • Senior Citizens

  • Health Travelers

  • Education Travelers

  • Business Travelers

  • Family Travelers

By Coverage

  • Medical Expense

  • Trip Delay

  • Trip Cancellation

  • Property Damage

  • Theft/Loss

By Country

  • Germany

  • United Kingdom

  • Italy

  • France

  • Spain

  • Belgium

  • Russia

  • The Netherlands

  • Rest of Europe

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Europe Travel Insurance Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Booming tourism industry
        2. Increasing awareness of the benefits of travel insurance
        3. Growing popularity of adventure travel
      2. Restraints
        1. High cost of acquiring travel insurance products
      3. Opportunities
        1. Cross-selling opportunities with other insurance products
      4. Challenges
        1. Delays or disputes in claims processing
        2. Climate change and its impact on travel-related risks
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Europe Travel Insurance Market Overview
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
        1. Domestic
        2. International
      2. By Type
        1. Single-Trip Travel Insurance
        2. Multi-Trip Travel Insurance
        3. Extended Travel Insurance
      3. By Distribution Channel
        1. Insurance Companies
        2. Insurance Intermediaries
        3. Banks
        4. Insurance Aggregators
        5. Insurance Brokers
      4. By End User
        1. Senior Citizens
        2. Health Travelers
        3. Education Travelers
        4. Business Travelers
        5. Family Travelers
        6. Others
      5. By Coverage
        1. Medical Expense
        2. Trip Delay
        3. Trip Cancellation
        4. Property Damage
        5. Theft/Loss
        6. Others
      6. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Belgium
        7. Russia
        8. The Netherlands
        9. Rest of Europe
  5. Germany Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  6. United Kingdom Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  7. Italy Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  8. France Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  9. Spain Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  10. Belgium Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  11. Russia Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  12. The Netherlands Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  13. Rest of Europe Travel Insurance Market
    1. Market Category & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Category
      2. By Type
      3. By Distribution Channel
      4. By End User
      5. By Coverage
  14. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Europe Travel Insurance Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  15. Impact of Covid-19 on Europe Travel Insurance Market
  16. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Allianz
    2. American International Group Inc. (AIG)
    3. Assicurazioni Generali S.P.A.
    4. Aviva
    5. AXA
    6. EUROPEAN Travel Insurance Group
    7. Insure & Go Insurance Services Limited
    8. Mutuaide
    9. The April Group
    10. Zurich
    11. Other Prominent Players
  17. Key Strategic Recommendations
  18. Research Methodology
    1.   Qualitative Research
      1.  Primary & Secondary Research
    2.   Quantitative Research
    3.   Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.   Breakdown of Primary Research Respondents, By Country
    5.   Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

          

 

List of Figures

 

Figure 1       Europe Travel Insurance Segmentation        

Figure 2       Europe Travel Insurance Market Value Chain Analysis      

Figure 3       Company Market Share Analysis, 2022

Figure 4       Europe Travel Insurance Market Size, By Value (USD Million), 2019–2029     

Figure 5       Europe Travel Insurance Market Share, By Category, By Value, 2019–2029   

Figure 6       Europe Travel Insurance Market Share, By Type, By Value, 2019–2029

Figure 7       Europe Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 8       Europe Travel Insurance Market Share, By End User, By Value, 2019–2029   

Figure 9       Europe Travel Insurance Market Share, By Coverage, By Value, 2019–2029  

Figure 10     Europe Travel Insurance Market Share, By Country, By Value, 2019–2029    

Figure 11     Germany Travel Insurance Market Size, By Value (USD Million), 2019–2029  

Figure 12     Germany Travel Insurance Market Share, By Category, By Value, 2019–2029

Figure 13     Germany Travel Insurance Market Share, By Type, By Value, 2019–2029      

Figure 14     Germany Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 15     Germany Travel Insurance Market Share, By End User, By Value, 2019–2029

Figure 16     Germany Travel Insurance Market Share, By Coverage, By Value, 2019–2029

Figure 17     United Kingdom Travel Insurance Market Size, By Value (USD Million), 2019–2029         

Figure 18     United Kingdom Travel Insurance Market Share, By Category, By Value, 2019–2029 

Figure 19     United Kingdom Travel Insurance Market Share, By Type, By Value, 2019–2029         

Figure 20     United Kingdom Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029

Figure 21     United Kingdom Travel Insurance Market Share, By End User, By Value, 2019–2029 

Figure 22     United Kingdom Travel Insurance Market Share, By Coverage, By Value, 2019–2029 

Figure 23     Italy Travel Insurance Market Size, By Value (USD Million), 2019–2029

Figure 24     Italy Travel Insurance Market Share, By Category, By Value, 2019–2029      

Figure 25     Italy Travel Insurance Market Share, By Type, By Value, 2019–2029   

Figure 26     Italy Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 27     Italy Travel Insurance Market Share, By End User, By Value, 2019–2029      

Figure 28     Italy Travel Insurance Market Share, By Coverage, By Value, 2019–2029      

Figure 29     France Travel Insurance Market Size, By Value (USD Million), 2019–2029     

Figure 30     France Travel Insurance Market Share, By Category, By Value, 2019–2029   

Figure 31     France Travel Insurance Market Share, By Type, By Value, 2019–2029

Figure 32     France Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 33     France Travel Insurance Market Share, By End User, By Value, 2019–2029   

Figure 34     France Travel Insurance Market Share, By Coverage, By Value, 2019–2029   

Figure 35     Spain Travel Insurance Market Size, By Value (USD Million), 2019–2029       

Figure 36     Spain Travel Insurance Market Share, By Category, By Value, 2019–2029     

Figure 37     Spain Travel Insurance Market Share, By Type, By Value, 2019–2029 

Figure 38     Spain Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 39     Spain Travel Insurance Market Share, By End User, By Value, 2019–2029     

Figure 40     Spain Travel Insurance Market Share, By Coverage, By Value, 2019–2029    

Figure 41     Belgium Travel Insurance Market Size, By Value (USD Million), 2019–2029   

Figure 42     Belgium Travel Insurance Market Share, By Category, By Value, 2019–2029 

Figure 43     Belgium Travel Insurance Market Share, By Type, By Value, 2019–2029       

Figure 44     Belgium Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 45     Belgium Travel Insurance Market Share, By End User, By Value, 2019–2029 

Figure 46     Belgium Travel Insurance Market Share, By Coverage, By Value, 2019–2029

Figure 47     Russia Travel Insurance Market Size, By Value (USD Million), 2019–2029      

Figure 48     Russia Travel Insurance Market Share, By Category, By Value, 2019–2029   

Figure 49     Russia Travel Insurance Market Share, By Type, By Value, 2019–2029

Figure 50     Russia Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 51     Russia Travel Insurance Market Share, By End User, By Value, 2019–2029   

Figure 52     Russia Travel Insurance Market Share, By Coverage, By Value, 2019–2029   

Figure 53     The Netherlands Travel Insurance Market Size, By Value (USD Million), 2019–2029 

Figure 54     The Netherlands Travel Insurance Market Share, By Category, By Value, 2019–2029 

Figure 55     The Netherlands Travel Insurance Market Share, By Type, By Value, 2019–2029         

Figure 56     The Netherlands Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029

Figure 57     The Netherlands Travel Insurance Market Share, By End User, By Value, 2019–2029 

Figure 58     The Netherlands Travel Insurance Market Share, By Coverage, By Value, 2019–2029 

Figure 59     Rest of Europe Travel Insurance Market Size, By Value (USD Million), 2019–2029         

Figure 60     Rest of Europe Travel Insurance Market Share, By Category, By Value, 2019–2029         

Figure 61     Rest of Europe Travel Insurance Market Share, By Type, By Value, 2019–2029         

Figure 62     Rest of Europe Travel Insurance Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 63     Rest of Europe Travel Insurance Market Share, By End User, By Value, 2019–2029         

Figure 64     Rest of Europe Travel Insurance Market Share, By Coverage, By Value, 2019–2029 

 

List of Tables

 

Table 1        Europe Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 2        Europe Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 3        Europe Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 4        Europe Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 5        Europe Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 6        Europe Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 7        Europe Travel Insurance Market Size, By Country, By Value, 2019–2029

Table 8        Germany Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 9        Germany Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 10      Germany Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 11      Germany Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 12      Germany Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 13      Germany Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 14      United Kingdom Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 15      United Kingdom Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 16      United Kingdom Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 17      United Kingdom Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 18      United Kingdom Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 19      United Kingdom Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 20      Italy Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 21      Italy Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 22      Italy Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 23      Italy Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 24      Italy Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 25      Italy Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 26      France Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 27      France Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 28      France Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 29      France Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 30      France Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 31      France Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 32      Spain Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 33      Spain Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 34      Spain Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 35      Spain Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 36      Spain Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 37      Spain Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 38      Belgium Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 39      Belgium Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 40      Belgium Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 41      Belgium Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 42      Belgium Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 43      Belgium Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 44      Russia Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 45      Russia Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 46      Russia Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 47      Russia Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 48      Russia Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 49      Russia Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 50      The Netherlands Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 51      The Netherlands Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 52      The Netherlands Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 53      The Netherlands Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 54      The Netherlands Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 55      The Netherlands Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 56      Rest of Europe Travel Insurance Market Size, By Value (USD Million), 2019–2029

Table 57      Rest of Europe Travel Insurance Market Size, By Category, By Value, 2019–2029

Table 58      Rest of Europe Travel Insurance Market Size, By Type, By Value, 2019–2029

Table 59      Rest of Europe Travel Insurance Market Size, By Distribution Channel, By Value, 2019–2029

Table 60      Rest of Europe Travel Insurance Market Size, By End User, By Value, 2019–2029

Table 61      Rest of Europe Travel Insurance Market Size, By Coverage, By Value, 2019–2029

Table 62      Allianz Company Overview

Table 63      Allianz Financial Overview

Table 64      American International Group Inc. (AIG) Company Overview

Table 65      American International Group Inc. (AIG) Financial Overview

Table 66      Assicurazioni Generali S.P.A. Company Overview

Table 67      Assicurazioni Generali S.P.A. Financial Overview

Table 68      Aviva Company Overview

Table 69      Aviva Financial Overview

Table 70      AXA Company Overview

Table 71      AXA Financial Overview

Table 72      EUROPEAN Travel Insurance Group Company Overview

Table 73      EUROPEAN Travel Insurance Group Financial Overview

Table 74      Insure & Go Insurance Services Limited Company Overview

Table 75      Insure & Go Insurance Services Limited Financial Overview

Table 76      Mutuaide Company Overview

Table 77      Mutuaide Financial Overview

Table 78      The April Group Company Overview

Table 79      The April Group Financial Overview

Table 80      Zurich Company Overview

Table 81      Zurich Financial Overview

Table 82      Other Prominent Players Company Overview

Table 83      Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Europe Travel Insurance Market size was estimated at USD 3.51 billion in 2022.
Ans: Major factors driving the growth of the Europe Travel Insurance Market include growing due to increasing travel awareness, rising health concerns, and frequent travel disruptions, such as natural disasters and flight cancellations, regulatory mandates and the expansion of online insurance platforms contribute to its growth by providing convenient access to coverage.
Ans: Key players in Europe Travel Insurance Market include Allianz, American International Group Inc. (AIG), Assicurazioni Generali S.P.A., Aviva, AXA, EUROPEAN Travel Insurance Group, Insure & Go, Insurance Services Limited, Mutuaide, The April Group, and Zurich.
Ans: The international segment accounts for a higher market share in Europe Travel Insurance Market by category.
Ans: The insurance companies segment accounts for the highest market share in the Europe Travel Insurance Market by distribution channel.