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Allianz Global Wealth Report 2026

A double-edged code – How AI is reshaping the global wealth landscape

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All chapters

Executive summary

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Financial assets: 2025 sets a fresh record

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Liabilities: Borrowing remains subdued

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Real estate: A hesitant recovery

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Distribution: New wealth, old divides

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Appendices

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Our team

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Is Germany a “stranded” economy?

After four consecutive years of strong economic growth above the potential rate, the high-flying German economy experienced a sharp deceleration in momentum in 2018. The combination of some key characteristics of Europe’s largest economy proved highly unfavorable in an environment of slowing global momentum and elevated political uncertainty.

Global insolvencies: Record high failures of major companies

On top of the upward trend in business insolvencies , we identify a record level of failures of large companies - those with over EUR50mn of turnover- with 342 major insolvencies totaling more than EUR205bn in turnover in 2019. 

Don’t judge the inflation book by its cover

Market-based long-term inflation expectations tend to concur. They are meaningful because capital markets participants are incentivized to price them as accurately as possible: more directly than other agents, they have skin in the game.

653 releases in total