Published on in “Business, Business”, language — English. 5 pages.
The rise of low-cost airlines is the main growth driver of the travel insurance market. With the emergence of low-cost airlines, there has been an upsurge in the number of airport passengers. This, in turn, has led to a rise in the overall travel insurance premium that has hiked profit margins of the top travel insurance vendors. The existing trend of non-conventional expenses being insured is expected to boost the market growth in the years to come. More
Industry And News helps to understand the characteristics and preferences of customers and monitor the level of competition in market. More
