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Credit Insurer Expects More Bankruptcies - Record Level in Switzerland
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Allianz Trade expects a worldwide increase in corporate insolvencies in the current year. In Switzerland, the recovery system has been reformed in addition to the consequences of a weaker economy.
The forecasts are becoming increasingly dire. The insurer now expects nearly 11,000 bankruptcies – an increase of 26 percent within a year.
Credit insurer Allianz Trade expects a worldwide increase in corporate insolvencies in 2025 - and a new record in Switzerland.
Global business insolvencies are expected to reach a new peak by the end of 2025 after an increase of 6%. Nor is there any warning for 2026.
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