Allianz Research

Allianz Global Wealth Report 2023:
The next chapter

2022 was a turning point, both politically and economically. Whether it also marked a turning point for financial assets will certainly only become clear in retrospect. 
Please note: in the event of discrepancies in calculations and figures, the most recently published value shall apply.

Economic outlook 2026-28

Summer brought little of the calm markets had priced in before it began. Three tensions we had been tracking escalated through the season, surfacing as fresh flashpoints by early September.

Allianz Climate Economics Report 2026: A year of escalating costs

The Allianz Climate Economics Report (ACE), launched at Climate Week NYC 2026, reveals that extreme weather caused €184 billion in economic losses in 2025 — down 32% from 2024 but 20% above the long-term average. Powered by ClimRad, a proprietary climate-data platform developed with Earthian AI, the report maps how climate events translate into GDP and inflation impacts across 144 economies. 

How the AI supercycle is reshaping global interest rates

The AI supercycle will pull long-term yields down in both the US and Europe, but for very different reasons and by very different paths.