Bayern Munich valued at £3.1bn as German energy giant buys stake in Harry Kane’s club Sport Business German football giants Bayern Munich have been valued at £3.1bn after taking minority investment from long-standing sponsor Viessmann Generations Group. Viessmann Generations Group has acquired 6.7 per cent of Bayern Munich AG, the commercial entity that houses the professional club and all its business operations, in a transaction local media reported as being worth €250m [...]
Mark Kleinman: Healey unlikely to resist clamour for bank windfall tax Business Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. The sense of déjà vu among Britain’s bank chiefs is palpable. Eight weeks ahead of new Chancellor John Healey’s inaugural fiscal statement and the industry is engaged in another frantic round of lobbying against tax rises. This [...]
Vistry shares slide after Allianz ‘cuts insurance cover’ Property Shares in Vistry fell on Monday morning after speculation over its insurance cover prompted fresh fears that the housebuilder is facing cash struggles. The FTSE 250 housebuilder saw its stock slide by nearly eight per cent to 261p in early trading, meaning the firm has shed more than half of its market value in the [...]
‘Moron premium’ – Westminster turmoil has ‘cost taxpayers £35bn’ since 2022 July 28, 2026 Secretive plotters and vengeful strategists in Westminster have cost taxpayers around £35bn since 2020, new research by one of the world’s top insurance companies has found. In a study into the costs of political fragility facing European governments, researchers at Allianz Trade found that the UK government continued to pay a “distinct political premium” due [...]
HSBC sells Singapore insurance arm to Allianz in £1.6bn deal July 24, 2026 FTSE 100 HSBC has agreed to sell its health and life insurance business to German insurance giant Allianz for $2.1bn (£1.6bn) as it refocuses its strategy on Singapore’s wealth management. The banking giant agreed to sell its Singapore business to Allianz in a transaction that is expected to be completed in the first half of [...]
Nations Championship: Monzo makes first move into rugby, with Allianz and ITV July 1, 2026 Monzo have broadened its sponsorship portfolio, joining Allianz in sponsoring ITV’s coverage of rugby union’s Nations Championship competition. The challenger bank and insurance giant have each signed deals with the free-to-air broadcaster to be part of the channel’s coverage of the inaugural inter-hemispheric tournament. It is Monzo’s first step into rugby union and comes after [...]
AllianzGI chief executive warns of AI ‘socialism’ as investors lean on chatbots June 18, 2026 The chief executive of one of Europe’s largest asset managers has urged investors to avoid being over-reliant on general online chatbots to manage their portfolios, as it increases the risk of losses. Speaking at AllianzGI’s media day in Frankfurt, Tobias Pross, chief executive of AllianzGI, warned that relying on public online models, such as Claude, [...]
Allianz tech blitz dethrones AXA to claim Europe’s insurance AI crown June 16, 2026 Allianz has officially overtaken French insurer AXA to claim the top spot in global AI maturity, capitalising on a massive talent hoarding strategy. The German insurance giant, Allianz, has amassed an AI workforce 28 per cent larger than its closest rival, resulting in a staggering 900 active AI use cases worldwide and putting pressure on [...]
UK at ‘greatest risk’ of jet fuel shortage as flights to be cancelled May 2, 2026 Ministers are set to warn the British public that flight cancellations will hit summer holiday plans as new research suggested that the UK is more exposed to jet fuel shortages than other European countries. Heidi Alexander, the transport secretary, is set to tell Brits that there could be flight cancellations this year as she will [...]
Exclusive: RFU monitoring possibility of protests against stadium sponsor Allianz February 17, 2026 The Rugby Football Union is closely monitoring the possibility of protests against sponsor Allianz ahead of this weekend’s Six Nations clash between England and Ireland in Twickenham. Irish sport has seen a backlash over the insurance giant’s sponsorship of the Gaelic Athletic Association (GAA) amid the German firm’s alleged links to military companies which trade [...]