2025 Economic and industry outlook : fourth-quarter forecast update

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000cam a22000004b 4500</leader>
    <controlfield tag="001">MAP20250019928</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20251120173712.0</controlfield>
    <controlfield tag="008">180608s2025    esp||||       ||| ||eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
      <subfield code="d">MAP</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">219</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">2025 Economic and industry outlook</subfield>
      <subfield code="b">: fourth-quarter forecast update</subfield>
      <subfield code="c">MAPFRE Economics</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">Madrid</subfield>
      <subfield code="b">Fundación MAPFRE</subfield>
      <subfield code="c">2025</subfield>
    </datafield>
    <datafield tag="300" ind1=" " ind2=" ">
      <subfield code="a">50 p. </subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">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</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080586294</subfield>
      <subfield code="a">Mercado de seguros</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080623920</subfield>
      <subfield code="a">Análisis económico-financiero</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080611897</subfield>
      <subfield code="a">Perspectivas económicas</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080611880</subfield>
      <subfield code="a">Perspectivas del seguro</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20140009312</subfield>
      <subfield code="a">Fundación MAPFRE</subfield>
      <subfield code="b">Área de Seguro y Previsión Social</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20200008767</subfield>
      <subfield code="a">MAPFRE Economics</subfield>
    </datafield>
    <datafield tag="765" ind1="0" ind2=" ">
      <subfield code="w">MAP20250017597</subfield>
      <subfield code="t">Panorama económico y sectorial 2025 : actualización de previsiones hacia el cuarto trimestre </subfield>
      <subfield code="d">Madrid : Fundación MAPFRE, 2025</subfield>
    </datafield>
    <datafield tag="856" ind1=" " ind2=" ">
      <subfield code="q">application/pdf</subfield>
      <subfield code="w">1129505</subfield>
      <subfield code="y">Acceso al documento / Access the document</subfield>
    </datafield>
  </record>
</collection>