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Italy Travel Insurance Market Expected to Reach $590 Million by 2023

The Italy travel insurance market was valued at $377 million in 2016, and is projected to reach $590 million by 2023, registering a CAGR of 6.6% from 2017 to 2023. The long stay travel insurance segment is anticipated to witness the highest growth rate during the forecast period.

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Italy Travel Insurance Market Expected to Reach $590 Million by 2023

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  1. Italy Travel Insurance Italy Travel Insurance Market Market Opportunities and Forecasts, 2017 – 2023 Pages : 105 Publish Date: Dec 2017

  2. Italy Travel Insurance Market “ The Italy travel insurance market is in its growth phase, and is expected to grow at a CAGR of 6.6% during the forecast period. The growing tourism industry and rise in the number of domestic and international travelers have fueled the demand for travel insurance policies in Italy. Rise in terrorist attacks in Europe and increase in uncertainties during travel are expected to drive the Italy travel insurance market. ” Pankaj Lanjudkar Research Analyst, BFSI at AMR

  3. Italy Travel Insurance Market Overview • The Italy Travel Insurance Market was valued at $377 million in 2016, and is projected to reach $590 million by 2023, registering a CAGR of 6.6% from 2017 to 2023. The long stay travel insurance segment is anticipated to witness the highest growth rate during the forecast period. • The growth of the travel insurance market in Italy is mainly attributed to the increasing trend of availing travel insurance as a precondition for attaining Visa permit to ensure that travelers are adequately covered in case of medical emergencies in foreign countries and securing individuals from the high costs of health services during traveling. Further, terrorist attacks in Europe in the recent years has left many travelers on high alert. Travelers have become more alert about terrorist attacks, thus have been opting for travel insurance policies that provide cover against terrorism. Read more at : https://www.alliedmarketresearch.com/italy-travel- insurance-market

  4. Italy Travel Insurance Market Key Benefits • The family traveler segment accounted for the highest revenue share to the Italy travel insurance market in 2016, and is expected to grow at a CAGR of 6.4% from 2017 to 2023. • The insurance aggregator market by distributional channel is projected to grow at the highest CAGR during the forecast period. • The single trip travel insurance segment generated the highest share in 2016, and is expected to continue its dominance throughout the study period. • The senior citizens segment in end user category is expected to witness the highest growth rate during the forecast period.

  5. Italy Travel Insurance Market By Product Type

  6. Italy Travel Insurance Market By Distribution Channel

  7. Italy Travel Insurance Market By End User

  8. Key Players In Industry Key Players In Industry • UnipolSai Assicurazioni S.p.A. • Reale Mutua Assicurazioni • Gruppo Cattolica Assicurazioni • DARAG Deutsche Versicherungs- und Rckversicherungs-AG • Generali Group • Allianz Group • AXA Group • Filo Diretto • MAPFRE SA Downloadfree Sample Report: https://www.alliedmarketresearch.com/request-sample/4527

  9. Italy Travel Insurance Market Segments Segments • By Product Type Italy Travel Insurance Market • By Distribution Channel • By End User

  10. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/italy-travel- insurance-market Follow Us On

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