Allianz to Trim 11% of U.K. Staff, Financial Times Says, Citing Sources

Dow Jones
2025/06/19
 

--German insurer Allianz is cutting 650 jobs in its U.K. insurance arm, the Financial Times reports, citing unnamed sources.

--The roles affected are in its commercial, speciality and personal insurance business, the FT reports.

--Allianz Insurance employs around 6,000 people in the U.K.

--Allianz confirmed to the FT that there would be a reduction in roles across the U.K. business.

 

Full story: https://tinyurl.com/yc7xjnsh

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

June 19, 2025 05:14 ET (09:14 GMT)

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