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Allianz
Allianz Partners to cut up to 1,800 jobs as AI replaces call center roles
Allianz Partners will eliminate between 1,500 and 1,800 positions across Europe as the travel insurance subsidiary accelerates its adoption of artificial intelligence, CEO Tomas Kunzmann confirmed at an event in Munich on Tuesday evening.
Allianz warns climate change is making more assets uninsurable
As a deadly heat wave claims more than 1,300 lives across Europe, one of the world's largest insurers is warning that climate change is making a growing number of assets impossible to cover.
Allianz CIO warns SpaceX bond sale signals ‘bubble territory’
SpaceX completed a record $25 billion inaugural bond sale on Tuesday, less than two weeks after its historic initial public offering, as investor demand swelled to nearly $90 billion in orders — prompting one of Europe's top financial executives to…