Allianz Trade

Hamburg – October 27, 2026 -- German corporate insolvencies will rise 8% in 2026 to 25,900 cases, the highest level in 13 years, according to Allianz Trade's latest global insolvency study. The credit insurer expects no relief in 2027, with cases flat (0%) at the same level.

Allianz Trade raises German forecast well above spring estimate

In spring, Allianz Trade projected a 2% rise for Germany in 2026, or 4% if the Middle East conflict persisted. Transport and logistics, construction, hospitality, and the automotive and mechanical engineering industries are hit hardest, according to Milo Bogaerts, CEO of Allianz Trade for Germany, Austria and Switzerland.

Cases have climbed a cumulative 85% since 2021 and sit 30% above pre-pandemic levels, though still well below global financial crisis peaks. A 5% decline to 24,600 cases is forecast for 2028, as economic headwinds ease and fiscal stimulus takes effect.

Hamburg – September 09, 2026 -- Germany recorded 33 large corporate insolvencies among companies with annual revenue above €50 million in the first half of 2026, a 10% increase over the same period last year, according to credit insurer Allianz Trade. The figure extends a record run that saw 94 large insolvencies in Germany in 2025, itself up 8% from 87 cases in 2024 and the highest total since Allianz Trade began tracking large-scale corporate failures in 2015.

Hamburg – September 08, 2026 -- Artificial intelligence infrastructure is poised to become the most significant growth driver for Europe's energy sector, according to a new industry report from credit insurer Allianz Trade titled "Energie & Solar."

Renewables covered 58% of German electricity consumption in first-half 2026

Germany's net electricity imports fell more than 85% year-on-year to just over 1 terawatt-hour (TWh), driven by strong domestic renewable generation. Allianz Trade CEO for Germany, Austria and Switzerland, Milo Bogaerts, said the limited impact of recent Middle East tensions on European gas prices compared to the 2022 energy crisis demonstrates that each additional kilowatt-hour of wind and solar power increases Europe's resilience to price shocks.