2006 press releases

View the 2006 press releases from AXA UK.

(14/12/2006) Fears of global spending slowdown stoked by new AXA report

A new global report from AXA confirms the concerns of some retail analysts 3 that tills in the UK will be ringing a little slower this Christmas. With millions set to spend less on presents for friends and family the only solace to be taken is the Brits still spend significantly more on Christmas presents than many countries around the world.

(08/12/2006) Many retired Brits cut back on heating bills to buy 'tasteless' Christmas presents

A new report from AXA reveals that millions of retired people across Britain will be pushing their finances to the limit this Christmas to buy presents that are barely valued by the recipients. Nearly a million retirees will even put themselves at risk by skimping on heating and energy bills to allow them to afford unloved presents.

(06/12/2006) Business crime increases by 15% in third quarter

The latest findings from the AXA Business Crime Index* reveal a 15% increase in crime related insurance claims by businesses between July and September, compared to the second quarter of this year. The last six months have seen a consistent rise in the number of business crime claims experienced by the insurer. The company warns with Christmas fast approaching, there could be further increases in the level of business crime.

(29/11/2006) AXA reorganises to build a more customer focused organisation

AXA today announces changes to the organisational structure within its life and general insurance companies that will give both businesses a sharper market focus and closer alignment to customer needs.

(20/11/2006) Professional services industry most at risk from assault

AXA Insurance research¹ with 67 employees who have been injured whilst working in the professional services sector over the past five years has revealed that eleven of them (16%) had received their injuries as a result of physical assault. This is much higher than the 8% average across all industries covered in the study.

(20/11/2006) Financial advice improves annual pension income by £3,000

Face-to-face advice leads to greater understanding and encourages long-term savings

(16/11/2006) Britons pay £211,686 in lifetime indirect taxes - more than the cost of the average home

British households are paying a staggering £211,686 over their lifetimes in indirect taxes (expenditure-based taxes), according to new analysis conducted by AXA.

(10/11/2006) AXA successfully acquires control of Thinc Group 96.2% of shareholders having accepted its offer

On 23 October 2006, AXA UK PLC ("AXA") announced the terms of a recommended cash offer, to be made by Advisory Services Limited ("ASL"), to acquire the entire issued and to be issued ordinary share capital of Thinc Destini Group Limited ("Thinc Group" or the "Company") (the "Offer"). The Offer Document and Form of Acceptance setting out the full terms of the Offer were posted to Thinc Destini Ordinary Shareholders (and to participants in the Thinc Destini Share Schemes for information only) on 21 October 2006.

(07/11/2006) Edinburgh's bigmouthmedia scoops UK 'Business Oscar'

New media marketing agency bigmouthmedia proved itself a tartan tiger company tonight by topping a 10-strong field of finalists to win the AXA Small to Medium Size Business of the Year category at the UK's National Business Awards at glittering award ceremony at Grosvenor House Hotel, London.

(06/11/2006) UK business health & safety slip ups

New business research¹ from AXA Insurance reveals that many UK businesses appear to have let health and safety in the workplace slip. Worryingly, over a quarter of all employees surveyed by AXA who had been injured whilst at work in the past five years, said that they had not received any health and safety training from their employer. The study also showed that of all the accidents and injuries that had been sustained in the workplace, 30% have resulted in employees taking a week or more off work to recover. Of these, four percent needed over a year to recuperate. But what is the impact on UK business? According to ROSPA², health and safety failures currently cost British employers up to £6.5 billion every year.

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