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Germany Travel Insurance Market, 2025-2030

The travel insurance market in Germany is expected to reach a projected revenue of US$ 3,847.7 million by 2030. A compound annual growth rate of 13.4% is expected of Germany travel insurance market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,811.1
Forecast, 2030 (US$M)
$3,847.7
CAGR, 2025 - 2030
13.4%
Report Coverage
Germany

Germany travel insurance market highlights

  • The Germany travel insurance market generated a revenue of USD 1,811.1 million in 2024 and is expected to reach USD 3,847.7 million by 2030.
  • The Germany market is expected to grow at a CAGR of 13.4% 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 2024USD 1,811.1 million
Market revenue in 2030USD 3,847.7 million
Growth rate13.4% (CAGR from 2025 to 2030)
Largest segmentSingle-trip travel insurance
Fastest growing segmentSingle-trip Travel Insurance
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-trip Travel Insurance, Annual Multi-trip Travel Insurance, Long-stay Travel Insurance
Key market players worldwideAllianz 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, Germany accounted for 6.7% 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 Europe, UK travel insurance market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 4,078.1 million by 2030.

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Publish Date: Dec 10, 2024

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Travel Insurance Market Report Companies

NameProfile# EmployeesHQWebsite
Zurich Insurance Group AGView profile 59,593Mythenquai 2, Corporate Center, Zurich, Switzerland, 8002www.zurich.com
Assicurazioni GeneraliView profile 82,000Piazza Duca degli Abruzzi, 2, Trieste, Italy, 34132www.generali.com
Allianz SEView profile 154,862Koniginstrasse 28, Munich, BY, Germany, 80802www.allianz.com
AXA SAView profile 110,30225, Avenue Matignon, Paris, France, 75008www.axa.com
American International Group IncView profile 25,2001271 Avenue of the Americas, New York, NY, United States, 10020www.aig.com
USI Insurance ServicesView profile 10001+Valhalla, New York, United States, North Americawww.usi.com/
battlefaceView profile 51-100Columbus, Ohio, United States, North Americawww.battleface.com
Seven CornersView profile 101-250Carmel, Indiana, United States, North Americawww.sevencorners.com
Travel Insured InternationalView profile 101-250Glastonbury, Connecticut, United States, North Americatravelinsured.com
Ping An Insurance (Group) Co. of China Ltd ADRView profile 288,751No. 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, 518033www.pingan.cn

Germany travel insurance market report

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 60.47% in 2024.

Horizon Databook has segmented the Germany 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.


  • Germany Travel Insurance Market Insurance Coverage Outlook (Revenue, USD Million , 2018-2030)
    • Single-trip Travel Insurance
    • Annual Multi-trip Travel Insurance
    • Long-stay Travel Insurance
  • Germany Travel Insurance Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
    • Insurance Intermediaries
    • Insurance Companies
    • Banks
    • Insurance Brokers
    • Insurance Aggregators
  • Germany Travel Insurance Market End-Users Outlook (Revenue, USD Million , 2018-2030)
    • Education Travelers
    • Business Travelers
    • Senior Citizens
    • Family Travelers
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany travel insurance market report, including forecasts for subscribers. This country databook contains high-level insights into Germany travel insurance market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Germany Travel Insurance Market, 2018-2030 (US$M)

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Germany travel insurance market report statistics, by insurance coverage, 2018-2030 (US$M)

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Germany travel insurance market report statistics, by insurance coverage, 2018-2030 (USD Million)

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