Allianz Global Insurance Report 2021

May 12, 2021

Global Insurance Report 2021 - Bruised but not broken

While some regions, especially Asia, will almost seamlessly resume their pre-crisis development as early as 2021, the recovery elsewhere will be much more uncertain.
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Eurozone corporates' pricing power

May 07, 2021

Pricing superpowers: Which sectors have them in the Eurozone?

In the long run, most sectors have (some) pricing power. But the lack of short-term pricing power means low inflation risk in the Eurozone.
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Global Insolvency Report 2021

May 06, 2021

Insolvencies: We'll be back

Massive state interventions helped prevent a significant wave of insolvencies in 2020, but watch out for a normalization from this paradoxical and artificial low, beginning in H2 2021 and gaining traction in 2022.
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Germany climate policy

May 05, 2021

Germany's constitutional court: reincarnation under the climate veil of ignorance

In recognizing that the fiscal burdens from Germany’s ambitious climate policies pile up only after 2030, its Constitutional Court could spark a tectonic shift for future climate action.
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European households

Apr 29, 2021

European households: the double dividend of excess savings

In 2020, “excess savings” stood at more than EUR450bn, or over 4% of GDP, thanks to reduced spending on services amid renewed lockdowns.
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Global equity markets and inflation

Apr 26, 2021

Equity markets: In search of Goldilocks’ inflation

Several factors point to reflation in 2021-2022, with a temporary overshooting ahead in the US and the Eurozone. Is this good news for equity markets?
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Investment recovery in the US and Eurozone

Apr 22, 2021

Investment is back: Harder, better, faster, stronger?

In the short run, a demand catch-up and the reduction in spare capacities will drive a business investment recovery. But it could take up to four years to return to long-term growth trends.
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Apr 19, 2021

European corporates: Cash-rich sectors get richer

The Covid-19 crisis has pushed up cash concentration among European non-financial corporates.
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Inflation outlook for the US and Eurozone

Apr 15, 2021

Demystifying the four horsemen of the inflation apocalypse

We expect inflation will only stage a temporary overshoot in the US and briefly hit the ECB’s “below, but close to, 2%” target in the Eurozone in 2021
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