Germany $182 Billion Insurance & Asset Management Giant Allianz to Cut 1,800 Jobs at Insurance Subsidiary Allianz Partners in Europe Representing 8.2% of 22,000 Global Workforce, Allianz Partners Provides B2B2C Insurance & Assistance (Include International Health & Life, Travel Insurance, Automotive & Assistance), Commercial Brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care

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Germany $182 Billion Insurance & Asset Management Giant Allianz to Cut 1,800 Jobs at Insurance Subsidiary Allianz Partners in Europe Representing 8.2% of 22,000 Global Workforce, Allianz Partners Provides B2B2C Insurance & Assistance (Include International Health & Life, Travel Insurance, Automotive & Assistance), Commercial Brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care

9th July 2026 | Hong Kong

Germany insurance & asset management giant Allianz ($182 billion market value) has announced to cut around 1,500 to 1,800 jobs at insurance subsidiary Allianz Partners in Europe, representing around 8.2% of 22,000 global workforce.  Allianz Partners provides B2B2C insurance & assistance (Include international health & life, travel insurance, automotive & assistance).  The commercial brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care.  Allianz Partners – Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses or sold directly to customers, and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care. Present in 75 countries, our 21,100 employees speak 70 languages, handle over 71 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.

“ Germany $182 Billion Insurance & Asset Management Giant Allianz to Cut 1,800 Jobs at Insurance Subsidiary Allianz Partners in Europe Representing 8.2% of 22,000 Global Workforce, Allianz Partners Provides B2B2C Insurance & Assistance (Include International Health & Life, Travel Insurance, Automotive & Assistance), Commercial Brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care “

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Germany $182 Billion Insurance & Asset Management Giant Allianz to Cut 1,800 Jobs at Insurance Subsidiary Allianz Partners in Europe Representing 8.2% of 22,000 Global Workforce, Allianz Partners Provides B2B2C Insurance & Assistance (Include International Health & Life, Travel Insurance, Automotive & Assistance), Commercial Brands are Allianz Assistance, Allianz Automotive, Allianz Travel & Allianz Care

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