Combined ratio (annual) vs Insurance premium growth (real)
In 2025, combined ratio (annual) worldwide stood at 90%, against 3.9% for insurance premium growth (real).
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The series
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Global, spaced by time. Both series are in %, so they share one axis; the legend names each line.
Combined ratio (annual) and Insurance premium growth (real)
Unit: % · 6 observations
Forecast: dashed line, hollow markers, shaded band No figure published for these periods
View the underlying data
| Indicator | Period | Type | Value |
|---|---|---|---|
| Combined ratio (annual) | 2025 | Actual | 90% |
| Combined ratio (annual) | 2024 | Actual | 91.9% |
| Insurance premium growth (real) | 2026 | Forecast | 2.3% |
| Insurance premium growth (real) | 2025 | Actual | 3.9% |
| Insurance premium growth (real) | 2024 | Actual | 5.2% |
| Insurance premium growth (real) | 2019–2023 | Actual | 1.6% |
Shared periods
Side by side
Only 2 periods are published for both series. Comparing anything else would mean comparing different years.
Provenance
Where these numbers come from
Combined ratio (annual)
The ratio of net claims incurred and operating expenses to net insurance revenue in primary insurance.
2 observations in Global · source organisations: Munich Re
Insurance premium growth (real)
Annual real (inflation-adjusted) growth rate of total insurance premiums across life and non-life business.
4 observations in Global · source organisations: Swiss Re
Data published under CC BY 4.0. Series A as JSON · Series B as JSON
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