Ludovic Subran is Chief Economist of the Allianz Group, leading insurer and investor in Europe. Previously, he was Chief Economist of Euler Hermes, a subsidiary of Allianz and world leader in credit insurance. Before joining the private sector, he has worked at the World Bank, the United Nations and the French National Institute of Statistics and Economic Studies. He teaches economics at HEC and Sciences Po. He is a graduate of the Ecole Nationale de la Statistique et de l'Analyse de l'Information and of Sciences Po.