Travel Insurance Market by End-user, Type and Geography - Forecast and Analysis 2023-2027

Published: Jul 2023 Pages: 174 SKU: IRTNTR70405

Travel Insurance Market Analysis Report 2023-2027:

The travel insurance market size is estimated to grow at a CAGR of 9.69% between 2022 and 2027. The market size is forecast to increase by USD 10,397.19 million. The growth of the market hinges on multiple factors, including the growing tourism and business travel, new technological developments, and the growing demand for travel insurance.

This travel insurance market report extensively covers market segmentation by end-user (senior citizens, business travel, family travel, and others), type (general travel insurance and premium travel insurance), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Travel Insurance Market During the Forecast Period?

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Travel Insurance Market: Key Drivers, Trends, and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Travel Insurance Market Driver

The growing tourism and business travel are driving market growth. Increasing consumer disposable income, rising business travel, and convenience of travel have resulted in the growth of the travel and tourism industry. As the travel insurance market is directly related, these factors also positively influenced the travel insurance market. Additionally, the shift towards carrying travel insurance being made mandatory by governments of numerous countries like the US, the UK, Australia, Germany, and Belgium has propelled market growth.

Moreover, several companies like AXA and Allianz Group are integrating technological advances like application program interface (API), artificial intelligence (AI), data analytics, and global positioning system (GPS) to enhance the user experience. Additionally, government initiatives to boost tourism will also result in rising demand for affordable travel insurance plans. Coverage such as medical emergencies, trip cancelation, and trip interruption during the pandemic has become essential. Hence such factors will boost market growth during the forecast period. 

Key Travel Insurance Market Trends

Insurance for unconventional expenses is a key trend in the market. Vacation rentals are popular, especially in the US with tourists opting for accommodation in furnished houses, apartments, or resort condominium complexes. Moreover, such vacation rentals usually have standardized cancelation policies to protect both the guests and the host alike for negligible costs. Some platforms from which people can choose rentals include Airbnb, Flip Key, VRBO, Home Away, Roomorama, House Trip, and Wimdu.

Moreover, if a tourist book rental is offered by these companies, then travel is covered under the travel insurance policy. Expenses incurred such as deposits, cancellation fees or any other out-of-pocket expenses can be used as proof to claim reimbursements in case a tourist falls ill during a vacation. Hence, such factors will boost travel insurance market growth during the forecast period. 

Key Travel Insurance Market Challenge

The lack of awareness and delayed services is challenging market growth. There is limited awareness among consumers about insurance as a protection tool and details regarding coverage of insurance policies. Due to such factors, consumers hesitate to opt for travel insurance plans and this has resulted in limited adoption of it. This results in insurance service providers also offering services at a slow pace.

Moreover, claim settlements which are vital to ensure the goodwill of the company and renew consumer trust are not quickly processed. Companies may delay the processing of documents, especially those through various departments in a foreign country, which will result in delayed reimbursements. Such situations have resulted in a loss of client trust in travel insurance products and made them reluctant to purchase such products. Hence, such factors will hinder market growth during the forecast period. 

Travel Insurance Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Travel Insurance Market Customer Landscape

Who are the Major Travel Insurance Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Allianz SE - The company offers travel insurance through its subsidiary Allianz Travel.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • American Express Co.
  • American International Group Inc.
  • Arch Capital Group Ltd.
  • Assicurazioni Generali S.p.A.
  • Aviva insurance Ltd.
  • AXA Group
  • Berkshire Hathaway Inc.
  • British United Provident Association Ltd.
  • Chester Perfetto Agency Inc.
  • Chubb Ltd.
  • Fairfax Financial Holdings Ltd.
  • HanseMerkur Reiseversicherung AG
  • HDFC Ltd.
  • MAPFRE S.A.
  • Seven Corners Inc.
  • SiriusPoint Ltd.
  • Sun Life Financial Inc.
  • The Goldman Sachs Group Inc.
  • Zurich Insurance Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Travel Insurance Market?

The senior citizens segment is estimated to witness significant growth during the forecast period. Elderly people are increasingly demanding travel insurance that goes beyond basic insurance benefits and covers various health and age-related aspects of senior citizens. Moreover, senior citizens can adjust their travel insurance plans according to their requirements such as American International Group (AIG) which offers coverage for medical expenses related to COVID-19 when the insured person is outside India. This can help senior citizens to ensure safety in situations like overseas medical expenses, theft of belongings, etc.

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The senior citizens segment was the largest segment and was valued at USD 4,341.93 million in 2017. Moreover, travel insurance policies might even pre-existing medical conditions at higher prices and can insure people up to 100 years old. However, the premium for people over 65 years keeps on increasing as they get older due to being vulnerable to illness, bad health, and accidents. Despite this limitation, they are offered far more benefits such as extra emergency and medical cover. Hence such factors are expected to propel the market growth of this segment during the forecast period. 

Which are the Key Regions for the Travel Insurance Market?

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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In North America, the largest regional market, a significant amount of the population goes for annual travel vacations abroad. Out of this population, engaging in adventure sports is very popular but risky as well. Hence, to cater to this, companies offer specialized policies that reduce the risks associated with travel, such as weather delays, mechanical delays, and medical emergencies.

Moreover, marketing and sales of such policies are devised in more appealing and relevant ways by travel agents who primarily sell insurance products. Additionally, companies are also using online platforms and channels that help expand visibility and increase sales to the strongly growing tourism industry in the region. Hence such factors will boost regional market growth during the forecast period. 

The COVID-19 outbreak drastically impacted the regional tourism industry which negatively impacted the travel insurance market as well. Due to travel restrictions and lockdowns, several commercial flight operations were suspended. In fact, the International Air Transport Association (IATA) stated that international tourist arrivals reduced by 60%-80% in 2020 compared to 2019 due to the pandemic. However, large-scale vaccination dives helped the regional tourism industry to slowly recover with an increased number of international tourists. Hence such factors will boost the regional market growth during the forecast period. 

Segment Overview

The travel insurance market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Senior citizens
    • Business travel
    • Family travel
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • General travel insurance
    • Premium travel insurance
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Argentina
      • Brazil
      • Chile

Travel Insurance Market Scope

Report Coverage

Details

Page number

174

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.69%

Market growth 2023-2027

USD 10,397.19 million

Market structure

Fragmented

YoY growth 2022-2023(%)

8.67

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Allianz SE, American Express Co., American International Group Inc., Arch Capital Group Ltd., Assicurazioni Generali S.p.A., Aviva insurance Ltd., AXA Group, Berkshire Hathaway Inc., British United Provident Association Ltd., Chester Perfetto Agency Inc., Chubb Ltd., Fairfax Financial Holdings Ltd., HanseMerkur Reiseversicherung AG, HDFC Ltd., MAPFRE S.A., Seven Corners Inc., SiriusPoint Ltd., Sun Life Financial Inc., The Goldman Sachs Group Inc., and Zurich Insurance Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Travel Insurance Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global travel insurance market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global travel insurance market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Senior citizens - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Senior citizens - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Senior citizens - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Senior citizens - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Senior citizens - Year-over-year growth 2022-2027 (%)
    • 6.4 Business travel - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Business travel - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Business travel - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Business travel - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Business travel - Year-over-year growth 2022-2027 (%)
    • 6.5 Family travel - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Family travel - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Family travel - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Family travel - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Family travel - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by End-user
      • Exhibit 50: Market opportunity by End-user ($ million)
      • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 General travel insurance - Market size and forecast 2022-2027
      • Exhibit 56: Chart on General travel insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on General travel insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on General travel insurance - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on General travel insurance - Year-over-year growth 2022-2027 (%)
    • 7.4 Premium travel insurance - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Premium travel insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Premium travel insurance - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Premium travel insurance - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Premium travel insurance - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ million)
      • Exhibit 65: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Allianz SE
              • Exhibit 119: Allianz SE - Overview
              • Exhibit 120: Allianz SE - Business segments
              • Exhibit 121: Allianz SE - Key news
              • Exhibit 122: Allianz SE - Key offerings
              • Exhibit 123: Allianz SE - Segment focus
            • 12.4 American Express Co.
              • Exhibit 124: American Express Co. - Overview
              • Exhibit 125: American Express Co. - Business segments
              • Exhibit 126: American Express Co. - Key offerings
              • Exhibit 127: American Express Co. - Segment focus
            • 12.5 American International Group Inc.
              • Exhibit 128: American International Group Inc. - Overview
              • Exhibit 129: American International Group Inc. - Business segments
              • Exhibit 130: American International Group Inc. - Key news
              • Exhibit 131: American International Group Inc. - Key offerings
              • Exhibit 132: American International Group Inc. - Segment focus
            • 12.6 Arch Capital Group Ltd.
              • Exhibit 133: Arch Capital Group Ltd. - Overview
              • Exhibit 134: Arch Capital Group Ltd. - Business segments
              • Exhibit 135: Arch Capital Group Ltd. - Key offerings
              • Exhibit 136: Arch Capital Group Ltd. - Segment focus
            • 12.7 Assicurazioni Generali S.p.A.
              • Exhibit 137: Assicurazioni Generali S.p.A. - Overview
              • Exhibit 138: Assicurazioni Generali S.p.A. - Business segments
              • Exhibit 139: Assicurazioni Generali S.p.A. - Key offerings
              • Exhibit 140: Assicurazioni Generali S.p.A. - Segment focus
            • 12.8 Aviva insurance Ltd.
              • Exhibit 141: Aviva insurance Ltd. - Overview
              • Exhibit 142: Aviva insurance Ltd. - Business segments
              • Exhibit 143: Aviva insurance Ltd. - Key offerings
              • Exhibit 144: Aviva insurance Ltd. - Segment focus
            • 12.9 AXA Group
              • Exhibit 145: AXA Group - Overview
              • Exhibit 146: AXA Group - Business segments
              • Exhibit 147: AXA Group - Key offerings
              • Exhibit 148: AXA Group - Segment focus
            • 12.10 Berkshire Hathaway Inc.
              • Exhibit 149: Berkshire Hathaway Inc. - Overview
              • Exhibit 150: Berkshire Hathaway Inc. - Business segments
              • Exhibit 151: Berkshire Hathaway Inc. - Key news
              • Exhibit 152: Berkshire Hathaway Inc. - Key offerings
              • Exhibit 153: Berkshire Hathaway Inc. - Segment focus
            • 12.11 Chester Perfetto Agency Inc.
              • Exhibit 154: Chester Perfetto Agency Inc. - Overview
              • Exhibit 155: Chester Perfetto Agency Inc. - Product / Service
              • Exhibit 156: Chester Perfetto Agency Inc. - Key offerings
            • 12.12 Chubb Ltd.
              • Exhibit 157: Chubb Ltd. - Overview
              • Exhibit 158: Chubb Ltd. - Business segments
              • Exhibit 159: Chubb Ltd. - Key news
              • Exhibit 160: Chubb Ltd. - Key offerings
              • Exhibit 161: Chubb Ltd. - Segment focus
            • 12.13 Fairfax Financial Holdings Ltd.
              • Exhibit 162: Fairfax Financial Holdings Ltd. - Overview
              • Exhibit 163: Fairfax Financial Holdings Ltd. - Business segments
              • Exhibit 164: Fairfax Financial Holdings Ltd. - Key offerings
              • Exhibit 165: Fairfax Financial Holdings Ltd. - Segment focus
            • 12.14 HDFC Ltd.
              • Exhibit 166: HDFC Ltd. - Overview
              • Exhibit 167: HDFC Ltd. - Product / Service
              • Exhibit 168: HDFC Ltd. - Key offerings
            • 12.15 Seven Corners Inc.
              • Exhibit 169: Seven Corners Inc. - Overview
              • Exhibit 170: Seven Corners Inc. - Product / Service
              • Exhibit 171: Seven Corners Inc. - Key offerings
            • 12.16 The Goldman Sachs Group Inc.
              • Exhibit 172: The Goldman Sachs Group Inc. - Overview
              • Exhibit 173: The Goldman Sachs Group Inc. - Business segments
              • Exhibit 174: The Goldman Sachs Group Inc. - Key news
              • Exhibit 175: The Goldman Sachs Group Inc. - Key offerings
              • Exhibit 176: The Goldman Sachs Group Inc. - Segment focus
            • 12.17 Zurich Insurance Co. Ltd.
              • Exhibit 177: Zurich Insurance Co. Ltd. - Overview
              • Exhibit 178: Zurich Insurance Co. Ltd. - Business segments
              • Exhibit 179: Zurich Insurance Co. Ltd. - Key offerings
              • Exhibit 180: Zurich Insurance Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 181: Inclusions checklist
                • Exhibit 182: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 183: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 184: Research methodology
                • Exhibit 185: Validation techniques employed for market sizing
                • Exhibit 186: Information sources
              • 13.5 List of abbreviations
                • Exhibit 187: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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