Global Specialty Insurance combined ratio vs Non-life insurance premium growth (real)

In 2024, global Specialty Insurance combined ratio stood at 93.6%, against 3.3% for non-life insurance premium growth (real).

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Global, spaced by time. Both series are in %, so they share one axis; the legend names each line.

Global Specialty Insurance combined ratio and Non-life insurance premium growth (real)

Unit: % · 6 observations

2 series · one axis

Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below

Global Specialty Insurance combined ratio and Non-life insurance premium growth (real): GlobalGlobal Specialty Insurance combined ratio and Non-life insurance premium growth (real). 2 indicators on one axis: Global Specialty Insurance combined ratio, Non-life insurance premium growth (real). 6 observations from 2024 to 2027, ranging from 1.7% to 93.6%, of which 3 are forecasts. Latest values: Global Specialty Insurance combined ratio 85.9% (2025); Non-life insurance premium growth (real) 2.5% (2027). % 0 20 40 60 80 100 2024 2025 2026 2027 FORECAST 86% Global Specialty Insurance combined ratio Non-life insurance premium growth (real) 2.5%
Global Specialty Insurance combined ratio and Non-life insurance premium growth (real): GlobalGlobal Specialty Insurance combined ratio and Non-life insurance premium growth (real). 2 indicators on one axis: Global Specialty Insurance combined ratio, Non-life insurance premium growth (real). 6 observations from 2024 to 2027, ranging from 1.7% to 93.6%, of which 3 are forecasts. Latest values: Global Specialty Insurance combined ratio 85.9% (2025); Non-life insurance premium growth (real) 2.5% (2027). % 0 30 60 90 120 2024 2025 2026 2027 FORECAST 86% Global Specialty Insurance combined ratio Non-life insurance premium growth (real) 2.5%
Global Specialty Insurance combined ratio and Non-life insurance premium growth (real): GlobalGlobal Specialty Insurance combined ratio and Non-life insurance premium growth (real). 2 indicators on one axis: Global Specialty Insurance combined ratio, Non-life insurance premium growth (real). 6 observations from 2024 to 2027, ranging from 1.7% to 93.6%, of which 3 are forecasts. Latest values: Global Specialty Insurance combined ratio 85.9% (2025); Non-life insurance premium growth (real) 2.5% (2027). % 0 30 60 90 120 2024 2025 2026 2027 FORECAST 86% Global Specialty Insurance combined ratio Non-life insurance premium growth (real) 2.5%
View the underlying data
Global Specialty Insurance combined ratio and Non-life insurance premium growth (real): Global
Indicator Period Type Value
Global Specialty Insurance combined ratio 2025 Actual 85.9%
Global Specialty Insurance combined ratio 2024 Actual 93.6%
Non-life insurance premium growth (real) 2027 Forecast 2.5%
Non-life insurance premium growth (real) 2026 Forecast 1.7%
Non-life insurance premium growth (real) 2025 Forecast 3%
Non-life insurance premium growth (real) 2024 Estimate 3.3%

Shared periods

Side by side

Only one period is published for both series as annual figures on the same basis. 1 further period pairs an actual with a forecast and is left out. Comparing anything else would mean comparing different periods.

Period Global Specialty Insurance combined ratio Non-life insurance premium growth (real)
2024 93.6% Munich Re 3.3% Swiss Re

Provenance

Where these numbers come from

Global Specialty Insurance combined ratio

Sum of claims and expenses divided by net insurance revenue in Global Specialty Insurance.

2 observations charted in Global · source organisations: Munich Re

Non-life insurance premium growth (real)

Annual real (inflation-adjusted) growth rate of non-life insurance premiums.

4 observations charted 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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