Allianz Trade

⚠️ It now takes an average of 59 days to receive payments for goods or services sold. How do you protect your business against the growing threat of late payments? With buyer insolvency running high in 2024, businesses have to apply greater due diligence with partners to ensure that operations can continue running smoothly. 🔍Take a deeper dive into late payment trends and learn how you can keep DSO in check: https://ow.ly/zfBa50ToTy7 #DSO #LatePayments #WCR #AllianzResearch

The rise of B2B e-commerce has enabled companies of all sizes to seize new business opportunities – and it has also made fraud detection top-of-mind. However, striking the balance between simple payment options and strong fraud detection measures that center KYB processes can be challenging. That's where Allianz Trade pay comes in. Read Özlem Özüner’s expert take on Allianz Trade pay, and learn how #B2B companies can use it to strengthen their KYB practices in e-commerce: https://ow.ly/z4UR50TBrhN #AllianzTradepay #ecommerce

🔓 Want to unlock the B2B e-commerce potential? Instantly assess online buyers' creditworthiness for risk free, secure transactions and get a real-time decision for your transactions. Download our infographic to learn more about empowering your buyer journey with net payment terms. 💫 https://ow.ly/9NVw50TsWSM #ecommerce #BNPL #B2B

Are #BabyBoomers the wealthiest generation that ever lived? 💰 When it comes to wealth accumulation, baby boomers have certainly hit some remarkable milestones. But how are other generations faring in terms of wealth? 🤔 Listen to our wealth expert Kathrin Stoffel as she discusses the financial landscapes for #GenX and #GenZ and what the future holds for them. 📈✨ Watch the full video below! 👇🎥 #WealthManagement #GenerationalWealth #FutureOfFinance

Thrilled to share some exciting news! 🎉 In line with Allianz Trade's dedication to uplifting women and promoting leadership, we're delighted to announce the official registration of the "A Moment for Us©" brand in France! Launched in 2023, this initiative unites women to learn, support, and grow together, continually pushing boundaries and unlocking leadership opportunities for women 🤝. From our sessions on the Center Leadership dimensions to the remarkable event in Paris and the powerful insights shared by leaders like Aylin Somersan Coqui, Florence Lecoutre, Nadine Accaoui, Sarah Murrow, and many others, we're only at the beginning. Together, we're shaping a more inclusive, empowering future! 💪 #WomenEmpowerment #Leadership #DiversityAndInclusion #AMomentForUs #GenderEquality

Allianz Trade experts at the ICISA TCI Week 🌟   Mark your calendars for October 7-10: Hassan Omaish and Joseph Mocachen will join industry leaders to share their insights and discuss the latest developments in TCI and trade finance.   "Expanding Horizons: Tapping into new markets for Trade Credit Insurance" With Hassan Omaish, Group Head of Broker Management & Partnerships 📅 Date: Tuesday, October 8 🕙 Time: 10 AM CET   "All about data - Unlocking the future of trade, credit and risk" With Joseph Mocachen, Group Head of Information 📅 Date: Wednesday, October 9 🕒 Time: 3 PM CET   📍 Location: Livestreamed and open to the public   Don't miss out: you can register here https://lnkd.in/dn6ZBhPc   #AllianzTradeExperts #TradeCreditInsuranceWeek #TCIWeek2024 - ICISA - International Credit Insurance & Surety Association

🎙️ We're back with a new season of Tomorrow! With the workforce population set to decline and workers getting older, how can we make companies demography-proof? We find out in this episode with Arne Holzhausen, Head of Insurance, Wealth and ESG Research, and Senior Economist Michaela Grimm. Tune in here 🎧👉 https://ow.ly/OahI50TyFcn #podcast #economics

🌎 In our latest global economic outlook, we look at the great balancing act ⚖️ ahead in 2024-2026. These are some of the main takeaways: 1️⃣ Steady (not stellar) global growth ahead at +2.8% until 2026, in line with the long-term average. The #US economy is slowing but will remain the main support, while momentum is gradually building in #Europe, though #Germany will only exit the recession by the end of 2024. Meanwhile, in #China, policy easing can only partly compensate for the headwinds brought on by the continued real estate crisis. 2️⃣ It’s austerity time (again). The fiscal consolidation ahead will be the big elephant in the room as it will represent a drag on GDP growth of around -0.3pp on average until 2027 in both the US and Europe. 3️⃣ #Inflation should reach the 2% target in H1 2025, allowing for a strong(er) easing cycle ahead. 4️⃣ Restocking has started and is likely to be a tailwind for the global #trade recovery. We expect global trade to increase by around +3% in 2025-26 in volume terms, but to remain below the long-term average. 5️⃣ Geopolitical tensions pose downside risks to our scenario, from a potential surge in US protectionism if Donald Trump wins the US elections and high political uncertainty in major European countries to the ongoing conflicts in Russia-Ukraine and the Middle East, and tensions in the South-China-Sea and with Taiwan. Discover the full report here: https://ow.ly/9uT950TyCXb

A slight improvement is on the way for the global #chemicals 🧪 sector – but challenges persist for European firms. Destocking and the weak economic outlook have held back the demand recovery for the chemicals sector. But as consumer spending becomes more robust and the global economic outlook gradually recovers, chemicals demand should improve, along with companies' margins. Read the full sector risk report here 👉 https://ow.ly/BKoJ50TlKlp

🌎 This week, our economists look at four critical issues: 1️⃣ First, China: authorities try to lift confidence ahead of the 75th anniversary. The PBOC’s super package includes measures for policy rates and liquidity, the property sector and the stock market, as well as unexpected guidance on future policy moves. But more will be needed to lift domestic confidence from the doldrums, notably further fiscal spending. The economy should meet this year’s official growth target of “around 5%” but risks still remain on the downside. For 2025, risks to our forecast (+4.3%) may be on the upside. 2️⃣ Second, Quarterly country and sector risk changes: normalization complete. This quarter, we have upgraded 14 countries, reflecting the ongoing recovery in economic outlooks. But the road ahead remains uneven as protectionist policies and geopolitical tensions remain. For sectors we found a limited improvement in the risk outlook, with nine moving up and five moving down. 3️⃣ Third, Durable goods: poised for a rebound in 2025. After the great reopening of 2021, a pronounced slowdown followed in both in 2022 and 2023, due to saturation effects. In 2024, sales of #durablegoods are expected to remain sluggish, growing by +2% in Germany, +3% in France, +2% in the US and 5% in Italy, while the UK should see a slight slowdown of –1%. But the stage is set for a strong recovery in 2025. 4️⃣ Fourth, The great loosening cycle: central banks must balance #FX, inflation and growth. The Fed’s jumbo cut represents an important tailwind for the global FX market after years of volatility and widespread depreciations vs. the USD. But the path ahead is not as clear as it may seem. We identify four clusters of countries with different priorities. Read the full report here: https://ow.ly/12Nj50TwX6k #CountryRisk #SectorRisk #China #PBOC