According to the latest Fundación Mapfre report, «Economic and Sector Outlook 2026», the world economy will grow by 3.1% in 2026 and 3% in 2027, however, under a scenario of high uncertainty. The year 2026 will be characterized by moderate growth, a slowdown in inflation, and fiscal policies with increasingly limited room for maneuver. Mapfre Economics anticipates a fragile transition towards potential global growth in 2026. Meanwhile, Asia-Pacific will continue to lead global dynamism with an expected expansion of 4.6%, where China's performance (4.5%) will continue to impact global supply chains and transit through the Panama Canal. For the United States, Mapfre Economics forecasts a 2.2% growth in 2026, warning about the deterioration of the US fiscal situation as a risk to financial stability. The Eurozone is expected to show a more contained expansion of 1.2%, facing persistent structural challenges. For the Latin American region, the report projects a 2.1% growth in 2026, favored by a gradual balance between expansion and disinflation. In this context, geopolitics emerges as a crucial factor that reorganizes international trade and investment flows. In the insurance sector, the analysis by Mapfre Economics indicates that the insurance market will maintain a sustainable growth trajectory during the 2026-2027 period. In Latin America, key opportunities are identified in health insurance, income protection, and climate risk management, sectors where there is still a significant insurance gap. The Non-Life segment will benefit from cost normalization, while the Life segment will take advantage of the interest rate environment.
