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sigma explorer
Client access to Swiss Re Institute's macroeconomic and insurance market data, forecasts and research publications.
Latest publications
sigma 4/2025 - Life (span) insurance
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Accumulation, decumulation and longevity solutions
Populations are ageing, the ratio of working-age persons to total is shrinking, and household structures are changing, with more single-dwelling and no-child households. These demographic shifts are rebalancing the underlying triggers of demand for life insurance.
Forecasts
| 2025 F | 2026 F | 2027 F | |
|---|---|---|---|
| World | 2.6 | 2.5 | 2.6 |
| United States | 2.0 | 2.0 | 1.9 |
| Euro area | 1.3 | 1.3 | 1.5 |
| China (Mainland) | 4.8 | 4.5 | 4.2 |
| 2025 F | 2026 F | 2027 F | |
|---|---|---|---|
| World | 3.5 | 2.9 | 2.7 |
| United States | 2.8 | 2.8 | 2.3 |
| Euro area | 2.1 | 1.8 | 2.2 |
| China (Mainland) | 0.2 | 0.5 | 1.0 |
| 2025 F | 2026 F | 2027 F | |
|---|---|---|---|
| United States | 3.9 | 3.1 | 3.1 |
| Euro area | 2.0 | 2.0 | 2.3 |
| China (Mainland) | 1.2 | 1.2 | 1.3 |
| 2025 F | 2026 F | 2027 F | |
|---|---|---|---|
| World | 2.8 | 2.1 | 2.7 |
| United States | 2.8 | 1.6 | 2.6 |
| Euro area | 3.8 | 1.9 | 2.4 |
| China (Mainland) | 4.8 | 4.3 | 3.9 |
| 2025 F | 2026 F | 2027 F | |
|---|---|---|---|
| World | 1.2 | 2.6 | 2.6 |
| United States | -1.3 | 1.7 | 2.0 |
| Euro area | 2.1 | 2.7 | 1.7 |
| China (Mainland) | 3.2 | 5.6 | 4.7 |