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FRANKFURT, Sep 25 (Reuters) Insurer Allianz cannot rule out further job cuts on top of 7,500 it already plans to cull as part of a far-reaching revamp designed to boost earnings, its chief executive told Germany's Bild Zeitung.

''At the moment we don't plan to cut any more jobs,'' Michael Diekmann said in an interview published on Monday in the best-selling tabloid.

''But if economic conditions worsen or if government health reforms lead to further cuts for private health insurance, I can't honestly rule it out.'' Allianz said in June it would cut 4 percent of its global workforce, including about 5,000 jobs at its German insurance operations and 2,480 at its Dresdner bank unit.

Meanwhile, Diekmann confirmed Allianz was hiring new staff in India at the rate of 5,000 per month to handle new business from 400,000 new customers there each month. ''We can only dream of such growth in Germany,'' he said.

But Diekmann said Allianz would not move its headquarters out of Germany, despite paying more than 1 billion euros ($1.3 billion) in German taxes last year.

''We could have done this but we have taken a conscious decision to stay here. Our roots are in Germany,'' Diekmann said.

REUTERS SBA DS1305