- Compared to Allianz Trade’s pre-crisis forecast, the direct toll from the Middle East represents +7,000 cases for 2026 and +7,900 for 2027.
- A prolonged conflict could push Allianz Trade’s forecast up to +10% in 2026 and +3% in 2027.
How much will the Middle East crisis increase non-payment risk for corporates? Allianz Trade releases its latest Insolvency Report, unveiling updated forecasts for 2026 and 2027. According to the world leader in trade credit insurance, global business insolvencies will rise by +6% in 2026 (+6% in 2025). This would result in a 5th consecutive year of growing insolvencies, before plateauing at a high level in 2027. However, a prolonged conflict would amplify insolvency risks.
The Middle East conflict will…

