Zurich Insurance Group acquired the global personal travel insurance business of American International Group (AIG)

2025-10-30 11:37 0

/PRZWT/Recently, Zurich Insurance Group (Zurich for short) officially completed the full acquisition of the global personal Travel insurance and its Travel Guard emergency travel assistance service under American International Group (AIG, also known as "AIG Insurance" in the Chinese market). This move has significantly expanded Zurich's influence in the global travel insurance market.

With the completion of the acquisition, travel insurance products such as "World Tour", "Leyouyou" and "Changyou Shenzhou", which have been popular in the Chinese market for over 20 years, will be officially incorporated into Zurich Property & Casualty Insurance (China) Co., LTD. (referred to as "Zurich Insurance"). At the same time, The original emergency Travel assistance service company Travel Guard, which was exclusive to American International Group (AIG), was also merged into Zurich Insurance Group. After Travel Guard completed the integration with the original Zurich Cover More global travel assistance network, Its response speed, global service capabilities and rescue strength have achieved a leapfrog upgrade.

This acquisition also means that starting from November 2025, Zurich Insurance will officially take over the personal travel insurance business of AIG in the Chinese market, including but not limited to major channels such as Ctrip, Fliggy, the official website of the insurance company, and the official wechat mall of the insurance company.

Starting from November, Chinese consumers can continue to purchase the travel insurance products they are familiar with on the official website of Zurich Insurance China, the official wechat mall of Zurich Insurance "Zurich Insurance Zurich", the Tmall flagship store of Zurich Insurance, as well as through channels such as Ctrip and Fliggy.

Zurich Insurance Group is a world-class insurance company with a history of over 150 years. It has been listed on the Fortune Global 500 for many consecutive years and ranked 209th in 2025. Its service network covers more than 200 countries around the world, with over 75 million users. The total market value of the group exceeds 100 billion US dollars. The solvency adequacy ratio (SST) is as high as 252%(as of December 31, 2024), demonstrating strong financial strength and stable operational capabilities.

Zurich Insurance Group has consistently ranked among the top in the global travel insurance market. This acquisition not only marks its determination to further expand its global business territory, but also represents its long-term commitment and continuous investment in the Chinese insurance market, especially in the strategic expansion of the retail insurance sector in China.

Relying on Travel Guard's 7* 24-hour multilingual dedicated seats and 650,000 preferred suppliers worldwide (including over 300 medical charter flight companies), star products such as "World Tour", "Le You You", "Tour China", and "Tour the World" continue to retain their original core protection contents while maintaining the same prices. It will be seamlessly integrated into the broader global service and rescue network of Zurich Insurance Group, providing more solid support in claims response, digital services and emergency assistance.

Source: Corporate press release
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