Asia - Travel ins. to reach US$9.9 billion by 2022
Thursday, 07 12 2018, Category: Insurance and Reinsurance, Country: Asia
The travel insurance market in Asia-Pacific is expected to be worth US$9.87 billion by 2022, up from US$5.54 billion in 2016.
According to a report by Allied Market Research, the travel insurance sector is expected to achieve a compound annual growth rate (CAGR) of 10.1% from 2016 to 2022. As of 2016, the single trip segment is the largest in the market.
Source: Insurance Business