
As reported by Insurance Business, Coface predicts that worldwide business insolvencies will increase by 2.8% in 2026, but warns that a 25-basis-point increase in business lending rates, relative to current expectations, would be enough to push global insolvency growth back up towards 4% to 5% in 2026. “2026 should offer a respite rather than an improvement,” said Jonathan Steenberg, Economist for Northwestern (UKI, Benelux and Nordics) countries at Coface. “The number of insolvencies will not fall: it will simply stop accelerating. If rates were to ease less quickly than anticipated, then stabilisation would immediately disappear.” To read Insurance Business‘ article, go to https://www.insurancebusinessmag.com/us/news/professional-liability/corporate-insolvencies-seen-to-rise-again-in-2026-as-interest-rate-risks-linger-coface-563418.aspx.