An age-old, old-age problem: How financial advisors can help close the racial wealth gap

Making sure you are financially prepared for retirement is one of the most important steps you can take to protect both yourself and your family – and it is a step best taken early. Unfortunately, a recent U.S. study suggests that many People of Color may not be ready for the time after they stop working.

Allianz: How Covid-19 is changing claims trends and risk exposures for companies and their insurers

The Covid-19 pandemic is one of the largest economic loss events in history for companies and insurers alike. Claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of the pandemic, according to a new report Covid-19 – Changing Claims Patterns from AGCS...

Allianz Global Wealth Report 2020: Year of the Rich

A year to miss for several reasons, 2019 was also when global wealth jumped to a new record high. But not everyone benefited. And a positive trend towards financial equality reversed, according to the Allianz Global Wealth Report 2020...

Companies face five liability risk trends in the face of the coronavirus pandemic

Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sectors, the disruptive impact of civil unrest and riots in a growing number of countries, and environmental concerns such as indoor air quality and higher fines and remediation standards will likely impact businesses and their insurers in future, according to a new report from AGCS...

Europe: Post-corona pulse check

In the aftermath of the coronavirus crisis, what’s the mood in Germany, France and Italy? More pessimistic than earlier believed, finds the latest Allianz Pulse. Surprisingly, digitalization has slipped in the priority list of these Europeans but climate change remains their concern...

Impact underwriting: How insurance can shape tomorrow

From being a hedge against risks to being a driver of sustainable practices, insurance has come a long way. How can insurers shape a resilient future? Allianz Research identifies nine areas that offer exciting opportunities for impact underwriting...

Economic outlook: Rocky road to recovery

Both the human and the economic cost of the coronavirus pandemic have been huge. As countries and communities pick up the pieces, Allianz economists take stock of the effect of the Covid-19 crisis on the global economy...

The insolvency time bomb: prepare for a record-high increase in insolvencies, the collateral damage of the Covid-19 crisis

The Covid-19 crisis will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of the economic shock and its expected lasting effects, according to a new study by Euler Hermes, the world’s largest trade credit insurer.

AGCS Safety and Shipping Review 2020: Covid-19, political tensions cloud horizon

Large shipping losses are at a record low, according to Allianz Global Corporate & Specialty SE’s Safety & Shipping Review 2020. However, the coronavirus crisis could endanger the long-term safety improvements in the industry for 2020 and beyond.