2025 Economic and industry outlook : fourth-quarter forecast update
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<title>2025 Economic and industry outlook</title>
<subTitle>: fourth-quarter forecast update</subTitle>
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<issuance>monographic</issuance>
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<dateIssued>2025</dateIssued>
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<abstract displayLabel="Summary">The report highlights that, with 2025 now behind us, the global economy continues on a path of sustained growth and gradual monetary normalization, validating the resilience scenario predicted at the beginning of the year. Global activity continues to advance in a context of relative stability, with moderate inflationary pressures and a cautious stance on the part of central banks, while the trade and tariff policies of the major economies are beginning to have divergent effects on prices and international competitiveness. In this environment, the global insurance sector reaffirms its structural strength, supported by improved financial conditions and a favorable macroeconomic environment. Both life and non-life insurance benefit from stable real interest rates and dynamic financial markets. At the regional level, emerging economies continue to show high potential for insurance expansion, driven by low penetration and economic recovery</abstract>
<note type="statement of responsibility">MAPFRE Economics</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080623920">
<topic>Análisis económico-financiero</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
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<topic>Perspectivas del seguro</topic>
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<title>Panorama económico y sectorial 2025 : actualización de previsiones hacia el cuarto trimestre</title>
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<originInfo>
<publisher>Madrid : Fundación MAPFRE, 2025</publisher>
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<identifier type="local">MAP20250017597</identifier>
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<recordCreationDate encoding="marc">180608</recordCreationDate>
<recordChangeDate encoding="iso8601">20251120173712.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20250019928</recordIdentifier>
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