MAP202600091242026 Economic and industry outlook / MAPFRE Economics. — Madrid : Fundación MAPFRE, 2026128 pTraducción de: Panorama económico y sectorial 2026. - Madrid : Fundación MAPFRE, 2026Sumario: The 2026 edition of the report describes a global economy characterized by functional resilience, where systemic risk management compensates for a lack of intrinsic cyclical strength. Uncertainty is becoming a structural feature of the economic environment, driving a geopolitical reconfiguration that prioritizes security over efficiency and "militarizes" economic interdependence. In this context, consumption polarization and fluctuating inflation have forced central banks to adopt macroprudential approaches, shaping a fragile transition toward potential global growth. For the insurance industry, the scenario of controlled inflation and structurally higher interest rates is favorable. The Non-Life segment benefits from moderating claims costs and improved financial returns, while the Life segment capitalizes on the interest rate environment to strengthen margins and the attractiveness of savings1. Mercado de seguros. 2. Análisis económico-financiero. 3. Perspectivas económicas. 4. Perspectivas del seguro. I. MAPFRE Economics. II. Fundación MAPFRE. III. Título.
