Non-life insurance premium growth

STO-REC-STAT01M2KJT2 National
3.1%

Global · 2019–2023

Non-life insurance premium growth came in at 3.1% in 2019–2023 (Swiss Re).

Original source
Publisher
Swiss Re
Authority tier
T2 National
Locator
Figure 4: P&C insurance profitability, 2021‒2026F, % of net premiums earned, ROE and cost of capital, in % of capital
Retrieved
15 Sep 2026
Status
Verified

What the source says

Premium rates are now moderating and we forecast softer global premium growth of 2.3% annually in real terms over 2025-26, below the 3.1% average of the last five years.

Verbatim extraction verified: The figure 3.1% is directly attested in the quoted passage (Figure 4: P&C insurance profitability, 2021‒2026F, % of net premiums earned, ROE and cost of capital, in % of capital).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA
Swiss Re Institute. (2023). sigma 5/2024: Global economic and insurance market outlook 2025-26. Retrieved September 15, 2026, from https://www.swissre.com/institute/research/sigma-research/sigma-2024-05-global-economic-insurance-outlook-growth-geopolitics.html. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC7C757DZQG3AW6Q668
MLA
Swiss Re Institute. "sigma 5/2024: Global economic and insurance market outlook 2025-26." 2023, https://www.swissre.com/institute/research/sigma-research/sigma-2024-05-global-economic-insurance-outlook-growth-geopolitics.html. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC7C757DZQG3AW6Q668.
Chicago
Swiss Re Institute. "sigma 5/2024: Global economic and insurance market outlook 2025-26." 2023. https://www.swissre.com/institute/research/sigma-research/sigma-2024-05-global-economic-insurance-outlook-growth-geopolitics.html. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC7C757DZQG3AW6Q668.
BibTeX
@misc{swissre2023lifew6q668, author = {{Swiss Re Institute}}, title = {sigma 5/2024: Global economic and insurance market outlook 2025-26}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC7C757DZQG3AW6Q668}, note = {Original source: https://www.swissre.com/institute/research/sigma-research/sigma-2024-05-global-economic-insurance-outlook-growth-geopolitics.html. Accessed September 15, 2026.} }

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of Custody · Verification Audit
Record: STO-REC-STAT01M2KJ T2 National

Primary Source

Publisher
Swiss Re Institute · homepage ↗
Authority tier
Tier 2 · National Official
Report
sigma 5/2024: Global economic and insurance market outlook 2025-26
Type
Press release
Published
Locator
Figure 4: P&C insurance profitability, 2021‒2026F, % of net premiums earned, ROE and cost of capital, in % of capital
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
15 September 2026
Last revision
15 September 2026
Archival URI
/stat/stat_01M2KJ7XC7C757DZQG3AW6Q668