Global insolvencies set to peak this year before levelling off, says Allianz

Insolvencies already above pre-pandemic levels in most advanced economies

Ben NorrisFebruary 28, 2024
Sad businessman sitting at table and thinking about debts, bankruptcy, top view
Credit: Shutterstock/Motortion Films

Global insolvencies continued to rebound last year and are now above pre-pandemic levels in most advanced economies, finds Allianz Trade, which expects further acceleration this year before stabilising in 2025.

“As expecte...

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Ben NorrisFebruary 28, 2024
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