The global insurance industry experienced significant growth in 2025, with premiums rising 8.7% in both property and casualty, as well as life insurance, according to a report by the Organisation for Economic Co-operation and Development (OECD). The report, titled "Trends in Insurance Markets 2026," was released on November 3, 2026. This growth indicates a substantial increase in the global insurance market.
The OECD report highlights the resilience and expansion of the insurance sector worldwide. The 8.7% growth in premiums is a notable increase, reflecting the industry's ability to adapt to changing economic conditions. The report provides an in-depth analysis of the trends and outlook for the insurance market, offering insights into the performance of various insurance segments.
The growth in insurance premiums can be attributed to various factors, including increased awareness of risk management and a growing need for insurance products in emerging markets. The OECD report also underscores the importance of the insurance sector in supporting economic recovery and stability. As the global economy continues to evolve, the insurance industry is expected to play a critical role in mitigating risks and promoting financial security.
Egypt's insurance market has also been experiencing growth, with local companies expanding their offerings and investing in digital technologies to enhance customer experience. The Egyptian government has been working to develop the insurance sector, with initiatives aimed at increasing financial inclusion and improving regulatory frameworks. These efforts are expected to contribute to the growth of the insurance market in Egypt and the wider region.
The OECD report also notes that the insurance industry is facing new challenges, including cybersecurity threats, climate change, and regulatory changes. Insurers are investing in technology and data analytics to better manage risks and provide more tailored products to customers. The report emphasizes the need for insurers to remain vigilant and adaptable in the face of evolving risks and changing market conditions.
The growth in global insurance premiums is expected to continue, driven by increasing demand for insurance products in emerging markets and the need for risk management solutions in developed economies. The OECD report provides a comprehensive overview of the insurance market, highlighting trends, challenges, and opportunities for growth. As the insurance sector continues to evolve, it is likely to play an increasingly important role in supporting economic development and stability.
The Egyptian insurance market is expected to benefit from the growth in the global insurance industry, with local companies poised to expand their offerings and increase their market share. The government has been working to create a more favorable business environment, with initiatives aimed at promoting investment and economic growth. As the insurance sector continues to grow and develop, it is likely to make a significant contribution to Egypt's economy.
Key points
- Global insurance premiums rose 8.7% in 2025, according to the OECD report.
