1 INTRODUCTION
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY
1.2.1 SECONDARY RESEARCH
1.2.2 DATA ANALYSIS FRAMEWORK
1.2.3 MARKET SIZE ESTIMATION
1.2.4 FORECASTING
1.2.5 PRIMARY RESEARCH AND DATA VALIDATION
2 GBA TRAVEL INSURANCE MARKET – EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT, 2023 - 2030, Million USD
3 PORTER’S FIVE FORCE MODEL ANALYSIS
3.1 BARGAINING POWER OF SUPPLIERS
3.2 BARGAINING POWER OF BUYERS
3.3 DEGREE OF COMPETITION
3.4 THREAT OF SUBSTITUTE
3.5 THREAT OF NEW ENTRANTS
4 MARKET SHARE ANALYSIS
4.1 MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023
5 MARKET DYNAMICS
5.1 GROWTH DRIVERS
5.1.1 DRIVER 1
5.1.2 DRIVER 2
5.1.3 DRIVER 3
5.1.4 DRIVER 4
5.2 CHALLENGES
5.2.1 CHALLENGE 1
5.2.2 CHALLENGE 2
5.2.3 CHALLENGE 3
5.2.4 CHALLENGE 4
5.3 OPPORTUNITIES
5.3.1 OPPORTUNITY 1
5.3.2 OPPORTUNITY 2
6 GBA TRAVEL INSURANCE MARKET BY AGE
6.1 OVERVIEW
6.2 MILLENNIALS MARKET
6.3 GENERATION X MARKET
6.4 BABY BOOMERS MARKET
7 GBA TRAVEL INSURANCE MARKET BY INCOME LEVEL
7.1 OVERVIEW
7.2 LOW-INCOME TRAVELERS MARKET
7.3 MIDDLE-INCOME TRAVELERS MARKET
7.4 HIGH-INCOME TRAVELERS MARKET
8 GBA TRAVEL INSURANCE MARKET BY COVERAGE
8.1 OVERVIEW
8.2 MEDICAL COVERAGE MARKET
8.3 TRIP CANCELLATION COVERAGE MARKET
8.4 BAGGAGE AND PERSONAL BELONGINGS COVERAGE MARKET
8.5 ACCIDENTAL DEATH AND DISMEMBERMENT (AD AND D) COVERAGE MARKET
9 GBA TRAVEL INSURANCE MARKET BY DAYS OF COVERAGE
9.1 OVERVIEW
9.2 SHORT-TRIP INSURANCE MARKET
9.3 STANDARD TRIP INSURANCE MARKET
9.4 EXTENDED TRIP INSURANCE MARKET
9.5 MULTI-TRIP INSURANCE MARKET
10 GBA TRAVEL INSURANCE MARKET BY END USER
10.1 OVERVIEW
10.2 PILGRIM TRAVELERS MARKET
10.3 EDUCATION TRAVELERS MARKET
10.4 BUSINESS TRAVELERS MARKET
10.5 FAMILY TRAVELERS MARKET
11 GBA TRAVEL INSURANCE MARKET BY DISTRIBUTIONAL CHANNEL
11.1 OVERVIEW
11.2 INSURANCE COMPANIES MARKET
11.3 BANKS MARKET
11.4 AIRLINES MARKET
11.5 ONLINE PLATFORMS MARKET
11.6 INSURANCE AGGREGATORS AND COMPARISON WEBSITES MARKET
11.7 TRAVEL AGENTS AND TOUR OPERATORS MARKET
12 COMPANY PROFILES
12.1 ALLIANZ GROUP
12.1.1 COMPANY OVERVIEW
12.1.2 COMPANY SNAPSHOT
12.1.3 OPERATING BUSINESS SEGMENTS
12.1.4 PRODUCT PORTFOLIO
12.1.5 BUSINESS PERFORMANCE
12.1.6 BUSINESS SEGMENTS
12.1.7 GEOGRAPHIC SEGMENTS
12.1.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.1.9 PRIMARY MARKET COMPETITORS
12.2 HSBC HOLDINGS PLC
12.2.1 COMPANY OVERVIEW
12.2.2 COMPANY SNAPSHOT
12.2.3 OPERATING BUSINESS SEGMENTS
12.2.4 PRODUCT PORTFOLIO
12.2.5 BUSINESS PERFORMANCE
12.2.6 BUSINESS SEGMENTS
12.2.7 GEOGRAPHIC SEGMENTS
12.2.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.2.9 PRIMARY MARKET COMPETITORS
12.3 CHUBB INSURANCE HONG KONG LIMITE
12.3.1 COMPANY OVERVIEW
12.3.2 COMPANY SNAPSHOT
12.3.3 OPERATING BUSINESS SEGMENTS
12.3.4 PRODUCT PORTFOLIO
12.3.5 BUSINESS PERFORMANCE
12.3.6 BUSINESS SEGMENTS
12.3.7 GEOGRAPHIC SEGMENTS
12.3.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.3.9 PRIMARY MARKET COMPETITORS
12.4 AIG INSURANCE HONG KONG LIMITED
12.4.1 COMPANY OVERVIEW
12.4.2 COMPANY SNAPSHOT
12.4.3 OPERATING BUSINESS SEGMENTS
12.4.4 PRODUCT PORTFOLIO
12.4.5 BUSINESS PERFORMANCE
12.4.6 BUSINESS SEGMENTS
12.4.7 GEOGRAPHIC SEGMENTS
12.4.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.4.9 PRIMARY MARKET COMPETITORS
12.5 AIA GROUP LIMITED
12.5.1 COMPANY OVERVIEW
12.5.2 COMPANY SNAPSHOT
12.5.3 OPERATING BUSINESS SEGMENTS
12.5.4 PRODUCT PORTFOLIO
12.5.5 BUSINESS PERFORMANCE
12.5.6 BUSINESS SEGMENTS
12.5.7 GEOGRAPHIC SEGMENTS
12.5.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.5.9 PRIMARY MARKET COMPETITORS
12.6 ZURICH INSURANCE GROUP
12.6.1 COMPANY OVERVIEW
12.6.2 COMPANY SNAPSHOT
12.6.3 OPERATING BUSINESS SEGMENTS
12.6.4 PRODUCT PORTFOLIO
12.6.5 BUSINESS PERFORMANCE
12.6.6 BUSINESS SEGMENTS
12.6.7 GEOGRAPHIC SEGMENTS
12.6.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.6.9 PRIMARY MARKET COMPETITORS
12.7 MANULIFE
12.7.1 COMPANY OVERVIEW
12.7.2 COMPANY SNAPSHOT
12.7.3 OPERATING BUSINESS SEGMENTS
12.7.4 PRODUCT PORTFOLIO
12.7.5 BUSINESS PERFORMANCE
12.7.6 BUSINESS SEGMENTS
12.7.7 GEOGRAPHIC SEGMENTS
12.7.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.7.9 PRIMARY MARKET COMPETITORS
12.8 PRUDENTIAL (HK) LIFE
12.8.1 COMPANY OVERVIEW
12.8.2 COMPANY SNAPSHOT
12.8.3 OPERATING BUSINESS SEGMENTS
12.8.4 PRODUCT PORTFOLIO
12.8.5 BUSINESS PERFORMANCE
12.8.6 BUSINESS SEGMENTS
12.8.7 GEOGRAPHIC SEGMENTS
12.8.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.8.9 PRIMARY MARKET COMPETITORS
12.9 BOC LIFE
12.9.1 COMPANY OVERVIEW
12.9.2 COMPANY SNAPSHOT
12.9.3 OPERATING BUSINESS SEGMENTS
12.9.4 PRODUCT PORTFOLIO
12.9.5 BUSINESS PERFORMANCE
12.9.6 BUSINESS SEGMENTS
12.9.7 GEOGRAPHIC SEGMENTS
12.9.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.9.9 PRIMARY MARKET COMPETITORS
12.10 AXA CHINA
12.10.1 COMPANY OVERVIEW
12.10.2 COMPANY SNAPSHOT
12.10.3 OPERATING BUSINESS SEGMENTS
12.10.4 PRODUCT PORTFOLIO
12.10.5 BUSINESS PERFORMANCE
12.10.6 BUSINESS SEGMENTS
12.10.7 GEOGRAPHIC SEGMENTS
12.10.8 KEY STRATEGIC MOVES AND DEVELOPMENT
12.10.9 PRIMARY MARKET COMPETITORS
LIST OF TABLES
TABLE 1. GBA TRAVEL INSURANCE MARKET VALUE, BY AGE, 2023-2030, (MILLION USD)
TABLE 2. MILLENNIALS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 3. GENERATION X, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 4. BABY BOOMERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 5. GBA TRAVEL INSURANCE MARKET VALUE, BY INCOME LEVEL, 2023-2030, (MILLION USD)
TABLE 6. LOW-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 7. MIDDLE-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 8. HIGH-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 9. GBA TRAVEL INSURANCE MARKET VALUE, BY COVERAGE, 2023-2030, (MILLION USD)
TABLE 10. MEDICAL COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 11. TRIP CANCELLATION COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 12. BAGGAGE AND PERSONAL BELONGINGS COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 13. ACCIDENTAL DEATH AND DISMEMBERMENT (AD AND D) COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 14. GBA TRAVEL INSURANCE MARKET VALUE, BY DAYS OF COVERAGE, 2023-2030, (MILLION USD)
TABLE 15. SHORT-TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 16. STANDARD TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 17. EXTENDED TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 18. MULTI-TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 19. GBA TRAVEL INSURANCE MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)
TABLE 20. PILGRIM TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 21. EDUCATION TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 22. BUSINESS TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 23. FAMILY TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 24. GBA TRAVEL INSURANCE MARKET VALUE, BY DISTRIBUTIONAL CHANNEL, 2023-2030, (MILLION USD)
TABLE 25. INSURANCE COMPANIES, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 26. BANKS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 27. AIRLINES, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 28. ONLINE PLATFORMS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 29. INSURANCE AGGREGATORS AND COMPARISON WEBSITES, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 30. TRAVEL AGENTS AND TOUR OPERATORS, MARKET VALUE, 2023-2030, (MILLION USD)
TABLE 31. ALLIANZ GROUP: COMPANY SNAPSHOT
TABLE 32. ALLIANZ GROUP: OPERATING BUSINESS SEGMENTS
TABLE 33. ALLIANZ GROUP: PRODUCT PORTFOLIO
TABLE 34. ALLIANZ GROUP: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 35. ALLIANZ GROUP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 36. ALLIANZ GROUP: KEY STRATERGY
TABLE 37. HSBC HOLDINGS PLC: COMPANY SNAPSHOT
TABLE 38. HSBC HOLDINGS PLC: OPERATING BUSINESS SEGMENTS
TABLE 39. HSBC HOLDINGS PLC: PRODUCT PORTFOLIO
TABLE 40. HSBC HOLDINGS PLC: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 41. HSBC HOLDINGS PLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 42. HSBC HOLDINGS PLC: KEY STRATERGY
TABLE 43. CHUBB INSURANCE HONG KONG LIMITE: COMPANY SNAPSHOT
TABLE 44. CHUBB INSURANCE HONG KONG LIMITE: OPERATING BUSINESS SEGMENTS
TABLE 45. CHUBB INSURANCE HONG KONG LIMITE: PRODUCT PORTFOLIO
TABLE 46. CHUBB INSURANCE HONG KONG LIMITE: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 47. CHUBB INSURANCE HONG KONG LIMITE: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 48. CHUBB INSURANCE HONG KONG LIMITE: KEY STRATERGY
TABLE 49. AIG INSURANCE HONG KONG LIMITED: COMPANY SNAPSHOT
TABLE 50. AIG INSURANCE HONG KONG LIMITED: OPERATING BUSINESS SEGMENTS
TABLE 51. AIG INSURANCE HONG KONG LIMITED: PRODUCT PORTFOLIO
TABLE 52. AIG INSURANCE HONG KONG LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 53. AIG INSURANCE HONG KONG LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 54. AIG INSURANCE HONG KONG LIMITED: KEY STRATERGY
TABLE 55. AIA GROUP LIMITED: COMPANY SNAPSHOT
TABLE 56. AIA GROUP LIMITED: OPERATING BUSINESS SEGMENTS
TABLE 57. AIA GROUP LIMITED: PRODUCT PORTFOLIO
TABLE 58. AIA GROUP LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 59. AIA GROUP LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 60. AIA GROUP LIMITED: KEY STRATERGY
TABLE 61. ZURICH INSURANCE GROUP: COMPANY SNAPSHOT
TABLE 62. ZURICH INSURANCE GROUP: OPERATING BUSINESS SEGMENTS
TABLE 63. ZURICH INSURANCE GROUP: PRODUCT PORTFOLIO
TABLE 64. ZURICH INSURANCE GROUP: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 65. ZURICH INSURANCE GROUP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 66. ZURICH INSURANCE GROUP: KEY STRATERGY
TABLE 67. MANULIFE: COMPANY SNAPSHOT
TABLE 68. MANULIFE: OPERATING BUSINESS SEGMENTS
TABLE 69. MANULIFE: PRODUCT PORTFOLIO
TABLE 70. MANULIFE: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 71. MANULIFE: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 72. MANULIFE: KEY STRATERGY
TABLE 73. PRUDENTIAL (HK) LIFE: COMPANY SNAPSHOT
TABLE 74. PRUDENTIAL (HK) LIFE: OPERATING BUSINESS SEGMENTS
TABLE 75. PRUDENTIAL (HK) LIFE: PRODUCT PORTFOLIO
TABLE 76. PRUDENTIAL (HK) LIFE: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 77. PRUDENTIAL (HK) LIFE: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 78. PRUDENTIAL (HK) LIFE: KEY STRATERGY
TABLE 79. BOC LIFE: COMPANY SNAPSHOT
TABLE 80. BOC LIFE: OPERATING BUSINESS SEGMENTS
TABLE 81. BOC LIFE: PRODUCT PORTFOLIO
TABLE 82. BOC LIFE: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 83. BOC LIFE: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 84. BOC LIFE: KEY STRATERGY
TABLE 85. AXA CHINA: COMPANY SNAPSHOT
TABLE 86. AXA CHINA: OPERATING BUSINESS SEGMENTS
TABLE 87. AXA CHINA: PRODUCT PORTFOLIO
TABLE 88. AXA CHINA: SALES BY BUSINESS SEGMENTS (2021-2023)
TABLE 89. AXA CHINA: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)
TABLE 90. AXA CHINA: KEY STRATERGY
LIST OF FIGURES
FIGURE 1. BARGAINING POWER OF SUPPLIERS
FIGURE 2. BARGAINING POWER OF BUYERS
FIGURE 3. DEGREE OF COMPETITION
FIGURE 4. THREAT OF SUBSTITUTE
FIGURE 5. THREAT OF NEW ENTRANTS
FIGURE 6. GBA TRAVEL INSURANCE MARKET VALUE, BY AGE, 2023-2030, (MILLION USD)
FIGURE 7. MILLENNIALS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 8. GENERATION X, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 9. BABY BOOMERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 10. GBA TRAVEL INSURANCE MARKET VALUE, BY INCOME LEVEL, 2023-2030, (MILLION USD)
FIGURE 11. LOW-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 12. MIDDLE-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 13. HIGH-INCOME TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 14. GBA TRAVEL INSURANCE MARKET VALUE, BY COVERAGE, 2023-2030, (MILLION USD)
FIGURE 15. MEDICAL COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 16. TRIP CANCELLATION COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 17. BAGGAGE AND PERSONAL BELONGINGS COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 18. ACCIDENTAL DEATH AND DISMEMBERMENT (AD AND D) COVERAGE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 19. GBA TRAVEL INSURANCE MARKET VALUE, BY DAYS OF COVERAGE, 2023-2030, (MILLION USD)
FIGURE 20. SHORT-TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 21. STANDARD TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 22. EXTENDED TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 23. MULTI-TRIP INSURANCE, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 24. GBA TRAVEL INSURANCE MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)
FIGURE 25. PILGRIM TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 26. EDUCATION TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 27. BUSINESS TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 28. FAMILY TRAVELERS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 29. GBA TRAVEL INSURANCE MARKET VALUE, BY DISTRIBUTIONAL CHANNEL, 2023-2030, (MILLION USD)
FIGURE 30. INSURANCE COMPANIES, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 31. BANKS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 32. AIRLINES, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 33. ONLINE PLATFORMS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 34. INSURANCE AGGREGATORS AND COMPARISON WEBSITES, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 35. TRAVEL AGENTS AND TOUR OPERATORS, MARKET VALUE, 2023-2030, (MILLION USD)
FIGURE 36. ALLIANZ GROUP: NET SALES, (2021-2023)
FIGURE 37. ALLIANZ GROUP: PRIMARY MARKET COMPETITORS
FIGURE 38. HSBC HOLDINGS PLC: NET SALES, (2021-2023)
FIGURE 39. HSBC HOLDINGS PLC: PRIMARY MARKET COMPETITORS
FIGURE 40. CHUBB INSURANCE HONG KONG LIMITE: NET SALES, (2021-2023)
FIGURE 41. CHUBB INSURANCE HONG KONG LIMITE: PRIMARY MARKET COMPETITORS
FIGURE 42. AIG INSURANCE HONG KONG LIMITED: NET SALES, (2021-2023)
FIGURE 43. AIG INSURANCE HONG KONG LIMITED: PRIMARY MARKET COMPETITORS
FIGURE 44. AIA GROUP LIMITED: NET SALES, (2021-2023)
FIGURE 45. AIA GROUP LIMITED: PRIMARY MARKET COMPETITORS
FIGURE 46. ZURICH INSURANCE GROUP: NET SALES, (2021-2023)
FIGURE 47. ZURICH INSURANCE GROUP: PRIMARY MARKET COMPETITORS
FIGURE 48. MANULIFE: NET SALES, (2021-2023)
FIGURE 49. MANULIFE: PRIMARY MARKET COMPETITORS
FIGURE 50. PRUDENTIAL (HK) LIFE: NET SALES, (2021-2023)
FIGURE 51. PRUDENTIAL (HK) LIFE: PRIMARY MARKET COMPETITORS
FIGURE 52. BOC LIFE: NET SALES, (2021-2023)
FIGURE 53. BOC LIFE: PRIMARY MARKET COMPETITORS
FIGURE 54. AXA CHINA: NET SALES, (2021-2023)
FIGURE 55. AXA CHINA: PRIMARY MARKET COMPETITORS