--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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