Allianz Trade has published its latest Global Insolvency Report and unveiled updated forecasts for 2024 and 2025. According to the trade credit insurer, after two gradual rebounds in 2022 (+1%) and 2023 (+7%), global insolvencies are set to accelerate again in 2024 (+9%) before stabilising in 2025 (0%) at high levels.
Insolvencies are (already) above pre-pandemic levels in most advanced economies