New Zealand Travel Insurance Market Size & Outlook

The travel insurance market in New Zealand is expected to reach a projected revenue of US$ 817.3 million by 2030. A compound annual growth rate of 17.5% is expected of New Zealand travel insurance market from 2025 to 2030.
Revenue, 2024 (US$M)
$310.8
Forecast, 2030 (US$M)
$817.3
CAGR, 2025 - 2030
17.5%
Report Coverage
New Zealand

New Zealand travel insurance market highlights

  • The New Zealand travel insurance market generated a revenue of USD 310.8 million in 2024 and is expected to reach USD 817.3 million by 2030.
  • The New Zealand market is expected to grow at a CAGR of 17.5% 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 310.8 million
Market revenue in 2030USD 817.3 million
Growth rate17.5% (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, New Zealand accounted for 1.1% 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 Asia Pacific, China travel insurance market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,764.6 million by 2030.

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Travel Insurance Market Companies

Name Profile # Employees HQ Website

New Zealand 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 61.74% in 2024. Horizon Databook has segmented the New Zealand 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 New Zealand travel insurance market databook

  • Our clientele includes a mix of travel insurance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the New Zealand travel insurance market, including forecasts for subscribers. This country databook contains high-level insights into New Zealand travel insurance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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