Swiss Re Forecasts Stable Global GDP Growth and Rising Insurance Premiums Through 2027

Swiss Re Ltd.’s latest sigma report, “Shifting Sands - Global Economic and Insurance Market Outlook 2026-2027,” highlights the profound impact of structural regime shifts-such as fiscal expansion, industrial policy, ageing populations, and artificial intelligence-on the global economy and insurance sector. The report forecasts global GDP growth stabilizing at 2.5% in 2026 and 2.6% in 2027, with inflation in advanced economies remaining above 2%. Global insurance premiums are expected to grow by 2.3% annually in real terms, with life insurance premiums on track to reach USD 4.1 trillion by 2027. The analysis notes that industrial policy is increasingly central to national economic strategies, driving technological innovation and domestic investment, but also leading to supply chain fragmentation and concentration risks. Ageing societies are shifting demand towards longevity, retirement income, and health solutions, necessitating innovation from insurers. AI adoption is increasing across the insurance value chain, though most insurers are using it to augment rather than replace human labor. Despite economic headwinds, the insurance industry remains robust, with strong capitalisation and liquidity. Non-life insurance premium growth is projected to ease to 1.7% in 2026 before recovering to 2.5% in 2027, while the life sector is expected to grow by 2.5% annually, buoyed by higher investment yields and disciplined underwriting. Swiss Re Institute sees the sector’s profitability supported by long-term interest rates, demographic trends, and technological advances. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Swiss Re Ltd. published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2232548_en), on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)