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AXA - Be Life Confident

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2005

(17/11/2005) Businesses blame crime on 'yob culture', drugs and binge drinking

Businesses are concerned about the increase in the number of crimes committed against them and they are blaming 'yob culture', drugs and binge drinking, according to a new study by AXA.

Worryingly, a quarter of businesses surveyed said that their biggest fear was being a victim of violent crime in the workplace, and it was retailers in particular who were most concerned with 34% admitting that this is a worry. This fear seems to be justified given provisional Home Office figures for firearms offences which show an increase of 5% on last year, totalling 11,160. Almost 20% of companies were also worried by the threat of arson to their premises. Nationally, 28% were worried about 'yob culture', but this rose to 34% in the North of England where businesses in the region are worried about this type of anti-social behaviour.

When asked about the causes of crime in their area, over half of companies said that they are worried by the effects of so called 'yob culture' behaviour on their business. 44% blamed drugs and a further 31% cited 'binge drinking' as the cause.

Neil Mercier, property insurance manager at AXA Insurance said: "Our research shows that businesses are living in fear of becoming the victims of crimes, such as burglary and anti-social behaviour. And they have just cause. According to Home Office figures, overall, violent crime, in the three months to the end of June, increased by 6% - up from 301,100 to 318,200 incidents - on the same period last year. The figures also show a 25% increase in drug offences and a 4% rise in robberies. And the problem could get worse when new licensing laws allowing 24-hour drinking come into force in November. The companies we surveyed are already blaming binge-drinking for fuelling violent crime."

The results of AXA's last quarterly Business Crime Index1 tracked an increase of 24% in the number of crime related business insurance claims settled during the second quarter of 2005 when compared to the first three months of the year.

AXA offers a free crime prevention toolkit designed to help businesses protect themselves against criminal activity. The AXA Business Security Blueprint provides best practice advice on everything from securing windows and doors to CCTV and fire suppression systems. It can be downloaded free of charge from www.axa4business.co.uk.

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Notes to Editors

This research was conducted between 5th and 9th September 2005. YouGov interviewed a sample of 913 business managers and owners of companies with between 1 and 249 employees in Great Britain. The survey was carried out online.

1The index is based on figures from AXA's own claims database. AXA Business Crime Index was last launched in September 2005


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About AXA

AXA is a world leader in financial protection. AXA's operations are diverse with major operations in Western Europe, North America and the Asia/Pacific area. AXA employs 120,000 staff and tied agents and, as of 30 June 2005, had €935 billion in assets under management. AXA reported total IFRS revenues of €37 billion and IFRS underlying earnings of € 1,761 million for the first half of 2005. Our previous company performance is not a guide to how we may perform in the future.

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