Accidents on the rise for tourists traveling overseas

Chinese tourists traveling overseas are having more accidents, but the severity is declining, according to an industry survey.

The Chinese Outbound Travel Risk Report, released on May 24 by Allianz Worldwide Partners - part of the Munich-based Allianz Group - and Peking University's research team, said the frequency of accidents during Chinese travelers' overseas trips will grow 2.5 percentage points in 2018 and 2019 to 29 percent in 2019.

Minor insurance claims are expected to rise, according to the report, which forecasts they will average 2,000 yuan ($311) to 2,500 yuan in 2018 and 2019.