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The Latest Breaking News from Allianz

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expand higher-fee businesses and accelerate artificial intelligence adoption. The bank will launch a new AI centre in the city, focusing on areas such as personalised wealth management, AI-driven…

The Economic Times

Europe’s employers face a new challenge—keeping workers safe during heatwaves

As temperatures hit record peaks across the continent, European companies are shifting working hours and issuing cooling kits to keep workers safe and preserve productivity.

Fortune

HSBC offloads Singapore life arm in £1.6 billion deal

Chief executive Georges Elhedery has been restructuring the lender since taking on the top post two years ago.

Evening Standard

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HSBC sells Singapore insurance business to Allianz in £1.6 billion deal

Chief executive Georges Elhedery has been restructuring the lender since taking on the role

The Independent UK

Global Market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion deal

HSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to close in early 2027. The transaction will generate a pre-tax gain for HSBC and improve its capital ratio. Allianz gains a stronger presence in Singapore's insurance…

The Economic Times

HSBC to sell Singapore insurance unit to Allianz in $2.1 billion deal

HSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close in early 2027. The sale will help HSBC simplify its operations and focus on core markets. Allianz gains a significant expansion opportunity in Singapore's regulated market.…

The Economic Times

Major Scottish pension fund is invested in Israeli 'war bonds', filings show

A SCOTTISH pension fund, one of the largest in the UK, is invested in Israeli “war bonds”, The National can reveal ...

The National (Scotland)

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‘London isn’t just calling—it’s cooking.’ Europe’s largest economies face over $600 billion in heat-driven losses by 2030

A sweltering June has already killed dozens across Europe. A vulnerable population and aging infrastructure could cost the continent even more in the years ahead.

Fortune

A decade after Brexit, Britain weighs costs and gains as it searches for a new leader

Ten years to the day since Britain voted to leave the EU, the economic reckoning is neither the collapse its opponents feared nor the renaissance its champions promised, and the anniversary arrives with the country once again leaderless, after Sir Keir Starmer's resignation on Monday.

Euronews

Extreme heat in Europe: Which countries face the biggest costs?

France, Spain and Italy are among the European economies most exposed to the growing economic costs of extreme heat, which could reduce output by as much as 7% in some countries by 2030, Allianz Trade estimates.

Euronews

Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering

BRISBANE, Australia, June 5, 2026 /PRNewswire/ -- Allianz Partners today announced it has signed an agreement to acquire a large portion of nib's Australian and New Zealand Travel Insurance portfolio marking a significant milestone in the company's growth strategy and its long-term commitment to the Australian market. The deal remains…

AAP

Europe could fall into ‘dependency trap’ in AI trade with US and Asia, report finds

Europe relies on Asia for much of the infrastructure to power AI, and American companies hold large market shares in many tech fields, which could leave the continent at risk.

Euronews

RFU sets out new plans to bring more concerts to Twickenham’s Allianz Stadium

Previous attempts to bring more events to the home of English rugby have been blocked

The Independent UK

Jio Financial and Allianz Group formally launch 50:50 insurance JV

Jio Allianz General Insurance has been incorporated. Jio Financial Services and Germany's Allianz each hold a 50 percent stake. The new company will offer general insurance, including health insurance in India. This follows Allianz's earlier exit from a joint venture with Bajaj Finserv. The incorporation marks a new chapter for…

The Economic Times

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The Guardian - UK

Allianz sues six people alleged to have been part of Palestine Action protests

Insurance company seeking almost £300,000 for protests at UK offices, during which red paint was daubed on buildings

Fortune

Exclusive: Cambridge Mobile Telematics secures $350 million from TPG, Allianz to make driving safer

The investment highlights how insurers are using real-time driving data and AI to price risk, prevent accidents, and improve road safety at scale.

AAP

Souths to return to Allianz in split-home system

South Sydney have finally been cleared to move more home games from Accor Stadium to Allianz, with a seven-and-five split from 2028.

The Independent UK

Warning as January named as month with spike in gold and jewellery thefts

Allianz UK said 10% of claims happened in the first month of the year over the past five years

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Evening Standard

January often sees spike in gold and jewellery thefts, insurer warns

Allianz UK said 10% of claims happened in the first month of the year over the past five years.

The Guardian - UK

Greta Thunberg arrested in London over ‘Palestine Action prisoners’ placard

Two other people held on suspicion of criminal damage after protest at insurance company’s offices

FourFourTwo

Harry Kane's future plans emerge, as Bayern Munich fight to keep England captain: report

Bayern Munich are fighting some of Europe’s biggest names to keep hold of the striker

The Independent UK

Where Americans are traveling in Europe this holiday season revealed

A review of more than 165,000 travel itineraries across the peak holiday travel period has revealed the top 20 European destinations for Americans

The Guardian - UK

Jamie George admits he was brains behind England’s provocative response to haka

Henry Pollock’s starring role in England’s response to the haka was designed by Jamie George, who revealed he took inspiration from the 2019 World Cup semi-final win

The Guardian - UK

Bayern Munich 3-2 Arsenal: Women’s Champions League – as it happened

Glodis Viggosdottir slotted in the winner as the defending champions collapsed after taking a 2-0 lead in the first half

Benzinga

Mohamed El-Erian Warns Some AI Names Will 'End Up In Tears' But Supports Limited Winners In AI's 'Rational Bubble'

Mohamed El-Erian, the chief economic adviser at Allianz, issued a stark warning on Thursday that investments in some AI-related names will “end up in tears,” even as he categorized the boom as a “rational bubble.”

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