Moreover, the report is accompanied by an Excel PartnerBASE dataset that details the travel insurance partnerships of each of the travel trade, transportation and financial organisations covered, plus convenient market data annexes, also in Excel format.

Key Findings

– the estimated number of foreign trips (lasting one night or more) across this region increased from 21.6 million in 2008 to 30.7 million in 2012, which equates to a compound annual growth rate of 9.2% during this period;

– across its various subsidiaries, AXA is identifiable as the leading insurance and assistance provider in the Middle East, as measured by the number of partnerships held with travel trade, transportation and financial organisations;

– two other highly significant providers are Chartis and Allianz, with the latter mainly active in this sphere through its assistance arm, Mondial Assistance;

– factors that will encourage continuing strong growth in the market for travel insurance and assistance between 2012 and 2016 include a rise in the underlying volume of overseas trips, increasing availability of Shariah-compliant, takaful policies and generally developing awareness among potential buyers of the benefits of travel cover.

For more information visit http://www.researchandmarkets.com/research/43s55w/travel_insurance

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