Travel

Travel insurance has thrived post-COVID-19 with three consecutive years of profits and a stellar 90% combined ratio. But 2025 has unleashed a catalogue of disruption that could derail the success story. Geopolitical tensions are closing airspace, extreme weather events are breaking records and cost-conscious travellers are abandoning expensive destinations for budget alternatives. The question isn’t whether these forces will reshape travel insurance – it’s how can travel insurance transform to keep pace.