Travel

How to deal with disruption as the new normal?

Travel insurance has remained profitable, but disruption is no longer the exception. Watch Win-Li Toh look at how geopolitical tension, changing travel patterns, market consolidation and new customer expectations are reshaping the way insurers need to think about cover, claims and opportunity.

FY2027 Outlook

Our forecasts for the year ahead

%
%
%

Change in number of risks written

Change in AWP

Net combined ratio

What’s driving these results?
These forecasts are underpinned by people travelling closer to home potentially due to cost-of-living pressures and geopolitical conflict.

Charts

Gross written premium

Reporting year ending 30 June

Net combined ratio

Reporting year ending 30 June

Year-on-year change in gross written premium

Reporting year ending 30 June

Gross loss ratio

Reporting year ending 30 June

Refer to About the data for the fine print; September 2023 quarter is excluded from 2024 figures. 

Our experts and contributors

Tim Yip

Director

Tom Moulder

Director

Win-Li Toh

Principal

Alan Xian

Manager

Andrew Song

Director

Thomas Zhou

Manager

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