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Travel Insurance in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Travel Insurance Market Research Report | Advisory & Financial Services | Specialist Insurance Lines | 2016

Unexpected turbulence: Volatile financial markets cause industry revenue to fluctuate

IBISWorld’s Travel Insurance market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Allianz Australia Allianz Australia market share
Great Lakes Australia Great Lakes Australia market share
QBE Insurance Group QBE Insurance Group market share
Suncorp Group Suncorp Group market share
Industry Statistics & Market Size
Revenue
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Annual Growth 12-17
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Annual Growth 17-22
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Profit
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Employment
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Businesses
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What is the Travel Insurance industry?

The Travel Insurance industry generates revenue from premiums paid for a range of insurance options. These insurance options aim to provide coverage for unforeseeable and unfortunate circumstances that may befall the policy buyer during their travels, reducing his or her hardship.

Cancellation insurance

The largest product segment in the industry is premiums associated with cancellation insurance. This segment consists of purchasing cancellation insurance to cover travel plans that must be cancelled ahead of time or during the trip itself. This typically includes coverage for expenses such as cancellation fees for flights, hotels or other bookings... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
Cancellation insuranceDelay insuranceEmergency medical insurancePersonal item loss insurance
 
Examples of brands in this Industry
Vero, AAMI, GIO, APIASGIO, CGU, NRMA, HBFRACV


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