Corporate insolvencies in Germany are expected to rise by 8% in 2026 to approximately 25,900 cases, according to Allianz Trade’s ‘Global Insolvencies Outlook 2028’, published on 27 October 2026. The forecast is considerably more pessimistic than the estimate issued in the spring, when the insurer expected an increase of just 2%.
Corporate insolvencies in Germany are expected to rise significantly in 2026, reaching 25,900 cases. That would be the highest level in 13 years, says Milo Bogaerts, CEO of Allianz Trade in Germany, Austria and Switzerland. Transport and logistics, construction, hospitality, as well as the automotive and mechanical engineering industries are particularly affected.
The latest figures from across Europe…