Global Economic and Insurance Market Outlook 2025-2026
The global economy is poised for further solid expansion. We forecast global real GDP growth at 2.8% in 2025 and 2.7% in 2026, roughly in line with 2024
Non-life insurance covers property, businesses and individuals andis also known as general insurance. In some markets this type of insurance is known as Property and Casualty (P&C) insurance.
General insurance policy examples are homeowners policies, motor insurance policies, marine insurance, damage coverage from fire, calamities, theft, travel insurance or any online breach incident related to cybersecurity.
The global insurance market was worth 7 trillion dollars, with the United States in first place for both life and non-life insurance. Following China, Japan was in third place with the fourth largest non-life insurance and the third largest life insurance markets.
In this section, we have collected the most current articles and reviews on the topic of the Non-life insurance Market.
The global economy is poised for further solid expansion. We forecast global real GDP growth at 2.8% in 2025 and 2.7% in 2026, roughly in line with 2024
Gross written premiums in the Central and Eastern Europe region totaled €26.35 bn, marking a 7.6% year-on-year increase. Insurance claims paid stayed €11.9 bn
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
Fitch Ratings upgraded its outlook for the German non-life insurance sector from ‘neutral’ to ‘improving’ due to anticipated better profitability from rising premium rates
The global non-life insurance industry is adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
The US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
Emerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma
Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2024
Total global insurance market premiums grew by 6.1% in real terms to $7,186 trln. The non-life sector posted 5.5% growth, driven by rate hardening in commercial lines
The life insurance industry is expected to increase at a CAGR of 5.3% between 2019 and 2023. India’s insurance penetration was pegged at 4.2%
According to Insuramore`s global rankings, the TOP-10 P&C (non-life) insurer groups accounted for 25.3% of total P&C gross direct premiums
The global insurance industry faces multiple pressures this year but we expect rate hardening to regain momentum in response
Raising revenue hasn’t been an issue for most nonlife insurers, thanks to some of the highest property-casualty insurance rate increases posted in years
AM Best is revising its outlook for the German non-life insurance segment to Negative from Stable, mainly driven by uncertainty and significant changes
Swiss Re expect total premiums volumes will rise USD 7 trillion for the first time ever by the end of 2022. Rate hardening in commercial lines will continue growth
2023 was expected to be another bumper year for the insurance industry, but the invasion of Ukraine has dashed those hopes