Mapfre forecasts global insurance premiums growth above 5% in 2026-27 report

Mapfre forecasts global insurance premiums growth above 5% in 2026-27 report.

• Mapfre Economics lifted its global outlook, projecting GDP growth of 3% in 2026 and 3.1% in 2027; inflation seen at 3.8% and 3.1%.
• US growth forecast at 2.1% in 2026 and 2% in 2027; fiscal trajectory flagged as a key risk with deficit near 7%-7.5%.
• Public debt seen above 120% of GDP, approaching 140% by 2030; risk of higher borrowing costs and debt-market volatility.
• Insurance sector outlook remains constructive; higher-for-longer rates and geopolitical risk seen widening performance dispersion across markets.
• Non-Life premiums forecast to rise 5.7% in 2026 and 6% in 2027; Life premiums seen up 5.9% and 6.8%.