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Executive Summary
In its latest Global Insolvency Report, Allianz Trade reveals a more severe outlook for the global business landscape, with insolvencies projected to climb by +11% in 2024 – an even steeper rise than previously anticipated. The report highlights key trends and risks for businesses worldwide, as the global economy grapples with sluggish demand, ongoing geopolitical tensions, and uneven financing conditions.
- What to watch?
- A faster-than-expected global acceleration
- 2025-2026 peaking at high levels
- Lower interest rates will not entirely lower insolvencies
- Asia Pacific: +3% increase in 2024 and +1% in 2025 but subject to China’s overall performance
Why choose Allianz Trade?
Dedication
62,000+
clients worldwide
Experience
83 million
businesses monitored
Insurer’s Financial Strength
AA- rating
Information about Allianz Australia Insurance Ltd’s rating: www.allianz.co.nz/insurer-rating