Global Economic Insights | Global Reports

Half-Time Outlook 2026-27 AI holds the score, growth slows to +2.5%

Yellow card only: As the Middle East conflict de-escalates, we expect only a temporary slowdown in global growth in 2026 to +2.5%, followed by a rebound to +2.9% in 2027, broadly in line with our previous baseline outlook.

AI is rewiring global trade

AI and trade are no longer separate policy domains.

2026 Global Insolvency Outlook: Brace for Middle East spillovers

Global insolvencies are set to rise again in 2026 as geopolitical shocks fuel inflation, disrupt supply chains and raise non‑payment risks worldwide.

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Allianz Trade Global Survey 2026: Business as Unusual

2026 Global Trade Outlook: How 6,000 corporates are re-engineering supply chains and managing rising payment risks

Economic outlook 2026-27 The Fog of War

The war in the Middle East sets the stage. For the US and Europe, we expect lower growth, higher inflation, stronger fiscal pressure and a challenging situation for central banks.

Conflict in the Middle East: Implications for markets and macro

The US-Israeli strikes on Iran will have implications for energy markets, shipping costs, inflation risks and financial conditions – but everything hinges on how long the conflict lasts.

Allianz Trade Country Risk Atlas 2026

Despite intense trade tensions and multiple layers of risks, Allianz Trade upgrades 36 country risk ratings for only 14 downgrades.

Sector Report 2026: Pharmaceuticals

Pharma growth accelerates with aging populations, rising chronic diseases, biosimilar competition, and AI-driven drug discovery transforming the industry.

A new decade high for major insolvencies driven by services, retail and construction

Business insolvencies ended 2025 with an upside trend in most countries, despite already high levels.