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Study: Insolvencies pick up speed in 2024 -February 28, 2024 at 12:17 am EST

According to the credit insurer Allianz Trade, companies worldwide will face an increase in insolvencies in 2024 for the third year in a row. This trend also applies to Germany - albeit at a slower. ....

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German insurer Allianz says global insolvencies to grow during 2024

According to credit insurer Allianz Trade, companies worldwide will face an increase in insolvencies for the third year in a row in 2024. "This trend will also apply to Germany - albeit with a delay compared to most other European countries," predict the economists at the Hamburg-based Allianz branch. "According to the Allianz Trade Insolvency Study, the ongoing economic weakness, structural challenges and tighter financing conditions are likely to cause even more German companies to get into fi ....

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The Global Trade Credit Insurance Market size is expected

Trade credit insurance is a sort of insurance created to shield firms against commercial and political risks that could have an impact on their financial. ....

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