Travel Insurance
Sompo and Collinson extend travel delay service across Asia
The service allows travellers to access over 1,800 airport lounges.
Why 1 in 7 Australians travel overseas without insurance cover
More than a third said they had seen risky destinations promoted positively.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Allianz Malaysia offers cashless hospital cover in travel plan
Coverage extends to senior citizens up to age 85.
Business travel accident insurance market to hit $26b by 2033
This represents a compound annual growth rate of 23.3%.
Prudential adds pet protection to travel insurance suite
The enhanced plan offers up to $1,300 (HK$10,000) for overseas pet medical costs.
APAC leads in travel insurance growth with 22.1% CAGR
Globally, the market’s premiums are slated for $107b.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Singlife adds turbulence injury payouts to travel insurance plans
This new benefit is now included in all tiers of its travel plans.
Hong Kong travellers boost insurance uptake on personal safety concerns
Notably, the fear of losing travel documents is higher.
Why 9 in 10 Japanese want to purchase travel insurance this year
More than half will access travel insurance through credit card benefits.
What’s stopping Indians from buying travel insurance this year?
Security and peace of mind remain key motivators for insurance uptake.
Allianz Partners launches cruise insurance with cruise line as bookings rise
Cruising now accounts for 10% of all travel amongst Australians.
Travel insurers cut benefits for seniors and children in Hong Kong
Premiums ranged from $145 to $509 for a 7-day trip in Asia.
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Travel insurance market to reach $86.39b globally by 2030
Demand is also driven do to rising popularity of adventure and sports tourism.
Commentary
AI isn’t replacing insurance, it’s finally making it work