Industrial policy: old dog, new tricks?

Industrial policies and subsidies are back with a bang, especially in major economies such as the US, China, India, Germany and Brazil. Governments are increasingly getting involved in setting industrial priorities and supporting strategic industries through subsidies to promote innovation and technology diffusion. 

What to watch I June 14, 2024

Snap elections in France, the equity risk premium puzzle, the end of the Fed conundrum?

Climate change and the double impact of aging

Climate change will compound the rise in health expenditure already expected due to aging societies. With the total number of people aged 60 and older in the EU 27 member states and Norway and Switzerland set to increase to 152mn, from around 130mn today, health costs per capita are likely to rise by +8.5% until 2035. 

What to watch I June 6, 2024

ECB easing begins, taking stock of NGEU, no turbulence for the airline industry’s bottom line

What to expect from the European elections

With an expected 60% participation rate, the 2024 EU elections are set to be a pivotal moment for the European Parliament. Addressing poverty (33%) and public health (32%) are voters’ top priorities, according to the April 2024 Eurobarometer survey, while the top five topics that emerge from political parties’ manifestos are climate and energy, security and defense, competitiveness and growth, foreign policy and fiscal and industrial policies. 

What to watch I May 31, 2024

Elections, elections, elections:  UK - What would a return to Labour mean for the economy? Mexico - Fiscal and trade policies under scrutiny; South Africa - Rising political fragmentation.

Allianz Pulse 2024: What unites and separates the demos of Europe

Ahead of the decisive elections on 6-9 June, the 6th edition of our Allianz Pulse survey finds huge divisions in views of the EU. We asked 6,000 people in the large member countries Germany, France, Italy, Spain and Poland, as well as Austria, about their views on political and economic issues, and their outlook for the future.

What to watch I May 24, 2024

US commercial real estate and the Fed, oil price roller coaster and corporate optimism returns after Q1 earnings 

Allianz Global Insurance Report 2024

The global insurance industry grew by an estimated +7.5% in 2023, clocking the fastest growth since 2006, the year before the Global Financial Crisis. In all, insurers worldwide collected EUR6.2trn in life (EUR2,620bn), p&c (EUR2,154bn) and health (EUR1,427bn) insurance premiums.