The UAE travel insurance market is anticipated to be driven by an expansion of the tourist industry and increased awareness about the benefits of travel insurance is fueling the growth of the travel Insurance market during the projected period.

The travel insurance demand is mainly expected to be driven by increasing domestic and international travel throughout the forecast period. According to information from the World Tourism Organization, UAE citizens spent around USD 21.78 billion (or 80 billion dirhams) on travel and tourism in 2021. In a similar vein, the organization's data indicated that the UAE ranked first at the regional level and sixth globally in terms of spending rates on travel and tourism, as reported by the "Emirates Today" newspaper. Furthermore, the average per capita tourism and travel expenditure in the UAE was approximately USD 2,500. As a result, rising tourism spending is anticipated to provide the travel insurance industry with significant growth potential in the coming years.

Orient Insurance PJSC‚ Alliance Insurance P.S.C, American International Group, Inc, Royal & Sun Alliance Insurance (Middle East), AXA Insurance (Gulf), Oman Insurance Company P.S.C. ("Sukoon")'s, Islamic Arab Insurance Company, HSBC UAE Middle East Limited, Al Sagr National Insurance Company (PSC)’s, Dubai National Insurance & Reinsurance P.S.C, are among the major players that are driving the market growth of the UAE travel insurance market.

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The UAE travel insurance market is anticipated to be driven by an expansion of the tourist industry and increased awareness about the benefits of travel insurance is fueling the growth of the travel Insurance market during the projected period. The travel insurance demand is mainly expected to be driven by increasing domestic and international travel throughout the forecast period. According to information from the World Tourism Organization, UAE citizens spent around USD 21.78 billion (or 80 billion dirhams) on travel and tourism in 2021. In a similar vein, the organization's data indicated that the UAE ranked first at the regional level and sixth globally in terms of spending rates on travel and tourism, as reported by the "Emirates Today" newspaper. Furthermore, the average per capita tourism and travel expenditure in the UAE was approximately USD 2,500. As a result, rising tourism spending is anticipated to provide the travel insurance industry with significant growth potential in the coming years. Orient Insurance PJSC‚ Alliance Insurance P.S.C, American International Group, Inc, Royal & Sun Alliance Insurance (Middle East), AXA Insurance (Gulf), Oman Insurance Company P.S.C. ("Sukoon")'s, Islamic Arab Insurance Company, HSBC UAE Middle East Limited, Al Sagr National Insurance Company (PSC)’s, Dubai National Insurance & Reinsurance P.S.C, are among the major players that are driving the market growth of the UAE travel insurance market. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=14794 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/uae-travel-insurance-market/14794.html
UAE Travel Insurance Market Share, Size, Trends & Forecast 2028 | TechSci Research
UAE Travel Insurance Market By Size, Share, Trends, Growth, Forecast 2028, Segmented By Trip Type, By Mode of Purchase, By Traveler Type, By Travel Type, By Region, By Company Forecast and Opportunities
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