XLF•Mapfre Economics forecasts global Life insurance premiums will grow 5% in 2026, increasing to 5.7% in 2027. It projects Non-Life premium growth of 4.8% in 2026 and 5.4% in 2027.
Mapfre Economics forecasts global insurance premium growth of 5% for Life and 4.8% for Non-Life in 2026, slightly below its previous projections. It expects growth to accelerate in 2027 to 5.7% for Life and 5.4% for Non-Life. Higher interest rates support investment returns, while financial market volatility and tighter financing conditions pose risks.
Mapfre Economics raised its 2026 global growth forecast by 0.2 percentage point to 3.2% and kept its 2027 estimate at 3.1%. It projects global inflation of 4.5% in 2026 and 4% in 2027.
