Allianz Trade

Powering the future of low-carbon technologies and renewables with Surety Green2Green 🔋 ☀️ 🌱 We are pleased to share the launch of our new Surety solution, aimed at accelerating the sustainable transition of the global economy. Surety Green2Green enables our customers to engage in low-carbon technologies and renewables projects through the issuance of surety bonds and guarantees that ensure their proper completion. We then hold the premiums received as investments in certified green bonds – creating a circular model that continually fuels sustainability progress. As Piril Kadibesegil Yasar, our Group Head of Sustainability, explains: “As an insurer and global trade enabler, we are uniquely positioned to help companies and the overall economy to grow in a more sustainable way. This is why we aim to lead by example and reduce the carbon footprint of our own operations. This is why we aim to infuse a sustainable mindset at all stages of our organization. This is why we aim to steer the decarbonization of our portfolios. And eventually, this is why we aim to launch innovative and sustainable solutions that foster a low-carbon transition.” You can find out more about Surety Green2Green here: https://ow.ly/qGQv50TV9oE Aylin Somersan Coqui - Soenke Schottmayer - Sean McGroarty - Julia Elena Taubenberger

Innovating together at Allianz Trade 🚀 Innovation and entrepreneurship are at the heart of our culture and our 2028 corporate strategy, Shape & Scale. To get everyone involved, we launched an innovation contest where colleagues can form teams and pitch their ideas to power simplification, growth, and client service. But how does an innovation contest work? What are the benefits of taking part? And what does it bring to our organization? Florence Lecoutre, member of the Board of Management, tells us more: https://ow.ly/pwE850Uhi01 #AllianzTradeExperts

🛍️ The pricing power party is over for retailers. 📉 While retail sales are still strong in the US and recovering in Europe, retailers are struggling to preserve profitability as decreasing sales in volumes and still high operational costs erode margins. What's more, the stockpiling strategy that began after the pandemic is starting to pinch: The global retail sector increased its inventories by eight days of turnover on average over the four years following Covid-19 but slower demand growth is now forcing retailers to offer aggressive discounts. ⚠️ Against this backdrop, insolvencies are on the rise, with the retail sector accounting for one in every five large insolvencies. Find out more in our latest report: https://ow.ly/oV8W50UgvKZ #BlackFriday #CyberMonday

💰 How do you maintain a healthy cash flow in times of instability? In a climate of economic uncertainty and growing insolvencies, it’s important to know how to safeguard your business against buyers who could struggle to pay you back. 💡 These 6 approaches can help optimize working capital and protect against bad debt: https://ow.ly/b6t150UfAOM #TradeCreditInsurance #TCI

We're proud to share some of the top-scoring elements from our annual Allianz Engagement Survey (#AES) on employee satisfaction. 🎉 Touching on diversity and inclusion, sustainability, teamwork, and career development and more, these numbers reflect our commitment to creating a supportive, inclusive, and future-ready workplace. 📈💪 #AllianzTradeTeam #WeCareforTomorrow #EmployeeEngagement

Update from our #AllianzTradeExperts in the latest issue of the ICISA Insider 🔍 As the vice-chair of ICISA’s Credit and Political Risk Committee, Pierre LAMOURELLE shares a rundown of the trends, risks, and opportunities that are top of mind for underwriters, from macroeconomic trends and supply chain bottlenecks to opportunities in low carbon technologies. Outlining the differences between mentoring, coaching, and sponsoring, Magdalena Cano explores the benefits of such programs and their importance to women’s professional advancement. You can read their articles, as well as those of other industry experts, here: https://lnkd.in/dmDMir6P ICISA - International Credit Insurance & Surety Association

❓ Will fragmentation continue to be the key theme for the global economy, or are there signs of a change in direction? Our infographic highlights the key points for multinationals. See how our Excess of Loss solutions can help protect your business from major losses during economic uncertainty: https://ow.ly/ECKP50U66ar #ExcessOfLoss #XoL #AllianzTradeforMultinationals

Looking to stand out in your next job search? Soft skills are just as important as technical expertise! Whether you’re pursuing a career in HR, Audit & Operations, or IT, our recruiters are seeking candidates who bring more than just hard skills to the table. Swipe through to learn more ➡️ and visit our website for even more details! https://ow.ly/IZbK50U9T8n #AllianzTradeTeam #WeCareForTomorrow

What’s the outlook for the global #paper 📦 sector? The pulp & paper sector faced a perfect storm in 2023, with deteriorating demand and supply disruptions sparked by Europe's energy crisis. While the situation should improve, energy and transportation costs are still volatile, which could put the sector's margin recovery at risk. Read the full sector risk report here 👉 https://ow.ly/5g3J50TlTGh

🌎 This week our economists look at three critical issues: 1. Drill, baby, drill: What Trump’s second term means for energy prices. While US oil production is unlikely to increase further, the Trump administration may deliver higher LNG supply to global markets by reducing regulatory hurdles and promoting infrastructure development, which could reduce European gas prices (and thus power prices) by over -15%. However, the return of sanctions against Iran may potentially drive up prices by +5-10%. 2. Q3 earnings: The Atlantic divide continues. Both S&P 500 and Stoxx 600 companies delivered earnings growth in Q3 2024 (+8.8% y/y) but the revenue recession continued in Europe, with a -1.7% contraction. Small and mid-cap companies, particularly in the US, are well-positioned to benefit from Trump’s reshoring policies, but they may challenge the recovery prospects for European companies. 3. Carbon productivity: Taking stock after 29 climate change conferences. As COP29 in Baku comes to a close, we take stock of what has been achieved after decades of climate conferences. The good news is that the global economy has seen a green productivity gain of 70% cumulatively since 1990. And the EU is the clear leader among large economies, with a strong acceleration of carbon productivity from 2.6% to 4.1% annually after the Paris agreement, albeit at seemingly high economic costs. The bad news is that the pace of change is by far not enough to meet net-zero targets by 2050. Read the full report here: https://ow.ly/FKji50UbN4h #Economics #Economy