Overview
- Allianz Trade forecasts corporate insolvencies worldwide to climb about 5% in 2026, marking a fifth consecutive annual increase.
- In Germany, cases are projected at roughly 24,500 next year, up around 1% and the highest level in twelve years.
- The study warns a bursting of the AI boom could trigger additional failures, including about 4,500 in the US and 4,000 in Germany, plus roughly 1,100 in the UK and 1,000 in France.
- Executives caution that tariffs and wider trade barriers are feeding delayed strain through supply chains, heightening the risk of domino effects.
- Rapid post‑pandemic business formation—up 9% in Europe and 36% in the US versus 2016–2019—adds vulnerability because young firms face outsized default risk, while a modest easing is expected in 2027 with global cases dipping about 1% and Germany falling roughly 4% to around 23,500.