Travel Insurance and Assistance in the Asia-Pacific Region

Travel Insurance and Assistance in the Asia-Pacific Region investigates the market for stand-alone travel insurance and assistance in ten countries, namely, China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan and Thailand. This market is estimated by Finaccord to have been worth around USD 2.74 billion in gross written premiums in 2018 and is growing rapidly in a number of the countries researched. Moreover, the competitive and distribution dynamics of the market continue to evolve wwith the emergence of new channels (such as multi-purpose mobile apps) and partnerships with major distributors subject to regular change.

The study comprises the following unique features:
 
  • data spanning 2014 to 2018 for the underlying travel market in each country with segmentations by type of journey (between holiday and business trips) and by destination (for the most recent year available);

  • data for the size of the market for stand-alone travel insurance in each country between 2014 and 2018 in terms of premiums and policies, with a segmentation not only between single-trip and annual cover but also between holiday and business / corporate cover;

  • analyses of the share of distribution relationships of travel insurance providers split between travel trade, transportation and financial organisations, based on a primary survey of over 1,650 actual and potential distributors of stand-alone travel policies including airlines, banks, cruise operators, insurance brands and non-bank finance providers, plus both traditional and online travel trade entities;

  • a review of other direct and affinity distribution channels used in each country including automotive clubs, direct sales, online aggregators, other online brands and retailers, plus cover packaged with payment cards and bank accounts;

  • estimates for the market share of travel insurance gross premiums for the top ten underwriters of this type of cover in 2018 in each country and for the top 15 groups across all ten countries combined with these data points expressed as a percentage range (e.g. 5.0% to 7.5%);

  • forecasts to 2022 for both the underlying travel market and for the size of the market for stand-alone travel insurance and assistance in each country in terms of premiums and policies, with the same segmentations as those specified above for the period from 2014 to 2018.


The report is accompanied by an Excel PartnerBASE™ dataset that details the travel insurance partnerships identified, plus a market data annexe, also in Excel format. This annexe can be used as a convenient source of data already in Excel format which means that there is no need for users to re-enter data from the PDF report into their own Excel worksheets.

For further information about this research, please access the table of contents and series prospectus by clicking on the corresponding links to the left-hand side of this page, or e-mail [email protected].

$5,595.00 USD
+7% GST for Singapore-based customers

Create an account

Create an account

Password strength:
 

I agree to the Terms & Conditions.
Finaccord and other Aon group companies
will use your personal information to contact
you from time to time about other products,
services and events that we feel may be of
interest to you. All personal information is
collected and used in accordance with our privacy statement.

Consulting Services


Finaccord is also able to undertake bespoke research and consulting assignments about this and other subjects. For further information about the types of consulting that Finaccord is able to carry out, please visit our Consulting page.