Allianz Research

Powering ahead:
Global Wealth Report 2025

Rallying ruble and the weaponization of finance

Against initial expectations, comprehensive sanctions did not plunge Russia into a currency crisis. Unlike other emerging market currencies during times of stress, the Russian ruble experienced a short-lived depreciation. 

Allianz Global Insurance Report 2022: A decisive decade

Strong economic tailwinds, rising risk awareness and record-high savings buoyed by booming markets made 2021 a good year for the insurance industry. Insurers worldwide collected almost EUR4.2trn in premiums, 5.1% more than the year before (life: +4.4%; p&c: +6.3%). 

European food inflation: and the loser is the consumer

Food prices and food security concerns were high on the agenda of the G7 group of countries meeting on 13-14 May in Stuttgart (Germany). Agricultural food prices rose by +31% in 2021 and will increase by a further +23% in 2022 amid a general increase in input costs (fuel, electricity, fertilizers), years of lower agricultural yields translating into low stocks and, more recently, Russia’s invasion of Ukraine impacting not only the supply of food staples such as wheat or oil, but also having ripple effects on the prices of substitutes.