Brazil Travel Insurance Market Size & Outlook, 2024-2030

The travel insurance market in Brazil is expected to reach a projected revenue of US$ 1,245.8 million by 2030. A compound annual growth rate of 14.3% is expected of Brazil travel insurance market from 2025 to 2030.
Revenue, 2024 (US$M)
$558.1
Forecast, 2030 (US$M)
$1,245.8
CAGR, 2025 - 2030
14.3%
Report Coverage
Brazil

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 2024USD 558.1 million
Market revenue in 2030USD 1,245.8 million
Growth rate14.3% (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, 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 Companies

Name Profile # Employees HQ Website

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

  • 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.

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Brazil travel insurance market report size, by insurance coverage, 2018-2030 (US$M)

Brazil Travel Insurance Market Share, 2024 & 2030 (US$M)

Brazil travel insurance market report size, by insurance coverage, 2018-2030 (US$M)

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