UK public uneasy about self-driving vehicles ahead of Waymo launch Tech Ahead of Waymo’s arrival on British roads, a new report reveals that nearly three-quarters of people in the UK are concerned about the safety of self-driving vehicles. According to insurer Allianz, across six regions, more than 70 per cent of Brits said they had concerns about this emerging technology, compared to between 64 per cent [...]
Analysis: A US-EU trade deal looks unlikely. What does that mean for the UK? Markets The clock is ticking on the EU-US trade deal set to expire on 9 July. The European Union is pushing for immediate relief from tariffs, but the bloc expects even a best-case deal to include a degree of asymmetry. While the UK is not at the negotiating table, Britain may find itself absorbing collateral damage [...]
Insurer Allianz to cut 650 UK jobs insurance German insurance giant Allianz has informed its UK staff that 650 jobs will be cut across several lines of its business
Allianz GI: UK investors must do more to attract tech firms to LSE May 19, 2025 A flood of British tech firms dropping London in favour of a New York IPO is only set to increase, a boss at Allianz’s investment arm has warned. Jeremy Gleeson, technology CIO at Allianz Global Investors, has no UK companies in his global tech fund, citing their high price and small availability. “One of the [...]
Allianz investment boss: US in ‘sentiment recession’ May 15, 2025 The US is currently going through a “sentiment recession,” as economic indicators fail to match the increasingly sour outlook from American consumers and businesses, a boss at Allianz’s investment arm has argued. Hard economic data in the country has so far managed to hold up despite significant uncertainty, as companies frontloaded buying inventory in advance [...]
Investment industry shuns US stocks amid Trump tariff threat April 2, 2025 Investors are finally pulling back from US stocks amid uncertainty over president Donald Trump’s looming tariffs and potential for better gains in Europe and the UK. A survey of investment management CIOs from Asset Risk Consultants (ARC) found that a third of wealth managers slashed exposure to the US throughout the last quarter. Sentiment among [...]
Wonks think a wave of asset management mergers is inevitable January 22, 2025 Across the European continent, a surge of mergers and acquisitions among asset managers has begun. Yesterday, Italian and French giants Generali and Natixis agreed to a €1.9 trillion (£1.61 trillion) merger to create the second largest asset manager in Europe. Meanwhile, BNP Paribas recently bought out AXA’s investment arm, and rumours continue to swirl about [...]
Woodward: RFU have sold soul in Allianz Stadium deal August 7, 2024 Coach of the 2003 Rugby World Cup winning England side Clive Woodward has described the decision to rename Twickenham the Allianz Stadium as “sad”, and insists the RFU board have “sold its soul”. England entered into a partnership with the major insurer Allianz which will see home of rugby Twickenham rebranded with the firm’s name [...]
Twickenham rugby ground becomes Allianz Stadium after deal struck with firm August 5, 2024 The home of English rugby Twickenham will now be known as Allianz Stadium after the Rugby Football Union and the insurance and asset management giant finalised a new partnership. Under the new deal there would be further investment into English rugby, alongside the stadium naming rights being sold. Twickenham Stadium has used its namesake for [...]
Highest monthly car insurance rates ‘very hard’ to justify, industry boss admits April 17, 2024 A boss at the trade body for British insurers told MPs today that the highest rates paid by motorists for monthly cover are “very hard” to justify, as the industry faces criticism for hiking prices amid the cost of living crisis.