Brazil Travel Insurance Market Size & Outlook, 2024-2030
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Brazil travel insurance market highlights
- The Brazil travel insurance market generated a revenue of USD 558.1 million in 2024 and is expected to reach USD 1,245.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.3% from 2025 to 2030.
- In terms of segment, single-trip travel insurance was the largest revenue generating insurance coverage in 2024.
- Single-trip Travel Insurance is the most lucrative insurance coverage segment registering the fastest growth during the forecast period.
Travel insurance market data book summary
Market revenue in 2024 | USD 558.1 million |
Market revenue in 2030 | USD 1,245.8 million |
Growth rate | 14.3% (CAGR from 2025 to 2030) |
Largest segment | Single-trip travel insurance |
Fastest growing segment | Single-trip Travel Insurance |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Single-trip Travel Insurance, Annual Multi-trip Travel Insurance, Long-stay Travel Insurance |
Key market players worldwide | Allianz SE, American International Group Inc, AXA SA, Assicurazioni Generali, USI Insurance Services, battleface, Seven Corners, Travel Insured International, Zurich Insurance Group AG, Ping An Insurance (Group) Co. of China Ltd ADR, InsureandGo, EbixCash World Money |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.1% of the global travel insurance market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil travel insurance market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,245.8 million by 2030.
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Travel Insurance Market Scope
Travel Insurance Market Companies
Name | Profile | # Employees | HQ | Website |
---|---|---|---|---|
EbixCash World Money | View profile | 101-250 | Mumbai, Maharashtra, India, Asia | https://www.buyforex.com |
InsureandGo | View profile | 101-250 | Southend-on-sea, Southend-on-Sea, United Kingdom, Europe | https://www.insureandgo.com |
Ping An Insurance (Group) Co. of China Ltd ADR | View profile | 288751 | No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, China, People's Republic of, 518033 | https://www.pingan.cn |
Travel Insured International | View profile | 101-250 | Glastonbury, Connecticut, United States, North America | http://travelinsured.com |
Seven Corners | View profile | 101-250 | Carmel, Indiana, United States, North America | https://www.sevencorners.com |
battleface | View profile | 51-100 | Columbus, Ohio, United States, North America | https://www.battleface.com |
USI Insurance Services | View profile | 10001+ | Valhalla, New York, United States, North America | https://www.usi.com/ |
American International Group Inc | View profile | 25200 | 1271 Avenue of the Americas, New York, NY, United States, 10020 | https://www.aig.com |
AXA SA | View profile | 110302 | 25, Avenue Matignon, Paris, France, 75008 | https://www.axa.com |
Allianz SE | View profile | 154862 | Koniginstrasse 28, Munich, BY, Germany, 80802 | https://www.allianz.com |
Assicurazioni Generali | View profile | 82000 | Piazza Duca degli Abruzzi, 2, Trieste, Italy, 34132 | https://www.generali.com |
Zurich Insurance Group AG | View profile | 59593 | Mythenquai 2, Corporate Center, Zurich, Switzerland, 8002 | https://www.zurich.com |
Brazil travel insurance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to travel insurance market will help companies and investors design strategic landscapes.
Single-trip travel insurance was the largest segment with a revenue share of 60.53% in 2024. Horizon Databook has segmented the Brazil travel insurance market based on single-trip travel insurance, annual multi-trip travel insurance, long-stay travel insurance covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Brazil travel insurance market databook
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Our clientele includes a mix of travel insurance market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil travel insurance market, including forecasts for subscribers. This country databook contains high-level insights into Brazil travel insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil travel insurance market report size, by insurance coverage, 2018-2030 (US$M)
Brazil Travel Insurance Market Share, 2024 & 2030 (US$M)
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