K65 · Insurance · Global

Global Specialty Insurance combined ratio

Global: 85.9% in 2025, −7.7 pp on 2024.

  • 85.9% Latest · Global · 2025
  • −7.7 pp vs 2024
  • Annual Release cadence
  • 2 Records · 1 region · 2024–2025

Verified 15 Sep 2026 · 1 publisher · Next period 2026

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · K65 · Global Annual

Global Specialty Insurance combined ratio

Global, 2024 to 2025

2 observations · 2024 to 2025
Global Specialty Insurance combined ratioGlobal Specialty Insurance combined ratio. 2 observations from 2024 to 2025, ranging from 85.9% to 93.6%. Latest value 85.9% (2025). % 0 20 40 60 80 100 2024 2025 94% 86%
Global Specialty Insurance combined ratioGlobal Specialty Insurance combined ratio. 2 observations from 2024 to 2025, ranging from 85.9% to 93.6%. Latest value 85.9% (2025). % 0 30 60 90 120 2024 2025 94% 86%
Global Specialty Insurance combined ratioGlobal Specialty Insurance combined ratio. 2 observations from 2024 to 2025, ranging from 85.9% to 93.6%. Latest value 85.9% (2025). % 0 30 60 90 120 2024 2025 94% 86%
View the underlying data
Global Specialty Insurance combined ratio
Period Type Value
2024 Actual 93.6%
2025 Actual 85.9%
Source: Munich Re · percent · CC BY 4.0 · statorigin.org

Every record

2 records · 1 region · 2024–2025. Each period links to its record: the value, its source evidence and original document.

Global Specialty Insurance combined ratio: every record, grouped by region, newest first.
Period Value Source Type
Global 2 records
2025 85.9% Munich Re · 26 Feb 2026
2024 93.6% Munich Re · 26 Feb 2026

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How this measure is built

Definition
Sum of claims and expenses divided by net insurance revenue in Global Specialty Insurance.
Measure
One slice of Combined ratio ( form: level, segment: global specialty insurance ) . The ratio of net claims incurred and operating expenses to net insurance revenue. Region and period are columns on every record, not slices.
Limitations
Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 1 document

Other slices of combined ratio

Frequently asked questions

What is the latest global Specialty Insurance combined ratio?

Global: 85.9% in 2025, −7.7 pp on 2024.

Where does this data come from?

From 1 document published by Munich Re. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Annual. The newest published period is 2025; the next release should cover 2026. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

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Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Global Specialty Insurance combined ratio [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/global-specialty-insurance-combined-ratio

"Global Specialty Insurance combined ratio." StatOrigin, 2026, https://statorigin.org/indicators/global-specialty-insurance-combined-ratio. Accessed 28 Oct. 2026.

StatOrigin. "Global Specialty Insurance combined ratio." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/global-specialty-insurance-combined-ratio.

@misc{statorigin_global_specialty_insurance_combined_ratio_2026, title = {Global Specialty Insurance combined ratio}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/global-specialty-insurance-combined-ratio}, note = {Data set. Accessed 2026-10-28} }