Economic Insights

Sep 11, 2020

Back to school: when the tech bubble hisses

As if markets wanted to remind everyone the risks of interpreting stock market movements, major U.S. equity indices had a hard day on 03 September.

Sep 10, 2020

QE in emerging markets: Playing with fire?

Debt sustainability and inflation are the biggest risks ahead, especially for Brazil, Costa Rica, India, Turkey and Hungary.

Sep 09, 2020

ECB: talking the talk, before walking the walk in December

The spreads have been closed but the ECB’s job is nowhere near done yet.

Sep 03, 2020

European consumers still firmly in the woods

The consumer recovery will look quite detached from the trend in retail trade.

Sep 03, 2020

Allianz Pulse 2020 - The political attitudes of the French, Germans and Italians: grim expectations

It was to be expected that the assessment of the current economic situation would be miserable, but the outlook for the future is just as bleak.

Sep 03, 2020

France, Germany, Italy: Good fiscal stimulus, bad trade deficits?

Out of Europe’s major economies, France could experience the largest leakage from its fiscal stimulus.

Jul 30, 2020

Impact underwriting: sustainable insurance as an opportunity for society and business

Due to its role as risk manager, risk carrier and major investor, the insurance industry is in a unique position to promote economic, social and environmental sustainability.

Jul 29, 2020

Close to 150 large companies went bust in Q2 2020

The cumulative turnover of insolvent major companies also surged to EUR106.9bn (+155% q/q and +138% y/y).

Jul 27, 2020

Covid-19 to increase firms’ liquidity needs to a record USD8tn as payment delays and inventories surge

The prolonged supply-chain disruption likely due to future targeted lockdowns and companies’ precautionary stockpiling will push inventories up in H2 2020.