Travel Insurance Market in Europe: $6.01 Billion by 2030 with UK Leading the Charge [Yahoo! Finance Canada]
ASSICURAZIONI GENERLI ADR (ARZGY)
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Source: Yahoo! Finance Canada
Europe's Travel Insurance market is driven by increasing travel activity, both domestic and international, and is one of the primary drivers, as more people are seeking insurance to protect themselves against travel-related risks such as trip cancellations, medical emergencies, or lost luggage. The growing awareness of travel risks, particularly in the wake of the COVID-19 pandemic, has heightened the demand for travel insurance with comprehensive coverage options. Also, travelers are seeking customized policies that offer specific protection for health, trip delays, and other contingencies. The rising number of travelers with pre-existing medical conditions also drives the market, as specialized medical coverage becomes more necessary. Also, the growth of online platforms and mobile apps for purchasing and managing travel insurance has made it easier for consumers to access coverage, fueling the market's growth in Europe. Key Market Trends Rise of Customizable Plans The rise
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