Travel Insurance Trends and Market Developments

Affected by U.S. flight cancellations? Travel insurance might not help you

11 Nov 2025

The U.S. government shutdown has caused thousands of flight cancellations, affecting many Canadian travelers, though those with trip insurance purchased before the shutdown may still be eligible for compensation. Policies bought after the travel advisory are unlikely to cover disruptions caused by the shutdown, as it is considered a “known event.” Airlines remain responsible for rebooking or refunds, but coverage for meals, hotels, or transport may be denied. The FAA has imposed air traffic reductions due to staffing shortages, worsened by wintry weather, and disruptions could continue into the busy Thanksgiving period. Travelers are advised to check credit card and insurance terms carefully, as coverage conditions vary.

Saudi Arabia Travel Insurance Market Set For Major Growth By 2030

10 Nov 2025

Saudi Arabia’s Vision 2030 is driving rapid growth in tourism and the travel insurance market, with revenues projected to rise from $1 billion in 2024 to $2.49 billion by 2030, a 16.3% annual increase. Inbound international visitors reached 30 million in 2024, while outbound travel by Saudis also surged, fueling demand for coverage including medical emergencies, trip cancellations, and baggage protection. Digital platforms and AI-driven personalization are making insurance more accessible and tailored to travelers’ needs. Despite strong growth, low consumer awareness remains a challenge, prompting the need for education campaigns. Overall, the Kingdom’s expanding tourism infrastructure and digital adoption are expected to sustain robust growth in travel insurance over the next decade.

Travel Insured International Signs On As Official Travel Insurance Provider of the CME Group Tour Championship

10 Nov 2025

Travel Insured International (TII), part of Crum & Forster’s Accident & Health Division, will serve as the official travel insurance provider for the CME Group Tour Championship on the LPGA Tour, held November 20-23, 2025, in Naples, Florida. TII offers comprehensive travel protection plans, including annual packages covering the LPGA season, along with special promotions like a golf trip to Ireland. The company’s “Travel Beyond the Green” campaign highlights tailored coverage for golfers, emphasizing safety and peace of mind for domestic and international travel. With over 30 years of experience, TII provides insurance and non-insurance services to protect travelers from disruptions. This sponsorship allows TII to engage directly with golf fans while showcasing the value of travel insurance.