Supply chain resilience remains a major concern in the latest Allianz Risk Barometer. While cyber and AI disruption top the global rankings, business interruption including supply chain disruption ranks joint third for UK businesses — with only 3% of respondents globally describing their supply chains as “very resilient”. Against this backdrop, Allianz also suggests that it expects insolvency risk to remain elevated, forecasting that global business insolvencies will rise by 3% in 2026 (after 6% in 2025), driven mainly by the US (+5%), China (+7%) and Germany (+1%). Elsewhere, Allianz anticipates only a moderate reversal of the previous downward trend, but around two-thirds of countries are still projected to record noticeably more bankruptcies than before the pandemic. To read Allianz Trade’s news release, go to https://www.allianz-trade.com/en_GB/insights/economic-research/2026-uk-risk-barometer.html.