AXA

(01/12/2008) Britons face a staggering £255 billion deficit in home contents insurance cover

AXA report reveals we drastically under-insure our belongings by almost £10,000 per household.

(25/11/2008) Eugene Farrell elected to EAPA board

AXA ICAS business manager Eugene Farrell has been elected to the board of directors of the Employee Assistance Professionals Association (EAPA) – a global body advancing the interests and furthering the development of employee assistance professionals throughout the world.

(22/11/2008) Tax cuts will not drive high street spending

• Research findings reveal the projected impact of tax cuts if they are announced in the pre-budget report
• Only one in five (22%) Britons would increase their discretionary spending on the high street if they received a cut in their taxes worth £60 a month
• 43% of Britons would save any additional monies from these tax cuts and a third (33%) would be most likely to use these funds to reduce their debt burden

(20/11/2008) Financial problems overtake terrorism as the biggest issue facing Britain

• Over half of Britons rate financial problems as the most pressing social issue facing the nation, an increase of a third (32%) in just 12 months
• Fears over terrorism and climate change plunge as personal money worries soar
• In recognition of the financial pressures facing the nation AXA is launching My Budget Day 2008, urging Britons to take an hour a month to manage their finances (www.axa.co.uk/mybudgetday)

(20/11/2008) High rise residents to net £61,653 in one hour financial overhaul

• Financial overhaul of London apartment block leaves residents an average of £737 better off in just one hour
• Financial savings from mortgage migration, national insurance enhancements, savings account changes and utility switching
• Initiative marks the launch of AXA's My Budget Day campaign which encourages the nation to spend an hour every month getting their finances in shape

(15/11/2008) Urgent action needed to prevent £35 billion pension hole

• 1.5 million people planning to stop pension contributions as recession bites
• Two year break would cost 35 year old man £28,700 from his retirement fund

(10/11/2008) Productivity pressure: A third of employees suffer financial stress in the workplace

• Almost three quarters (71%) of UK HR directors claim that stress from financial worries is more prevalent amongst employees than a year ago
• Over three quarters (77%) of HR professionals believe that employees would be more productive if they were less concerned about financial issues
• As a result of a spike in money worries AXA has launched an online Employee Financial Health Check http://mybudgetday.axa.co.uk/employers_survey.php to help organisations identify the impact of employees' stress on productivity

(10/11/2008) Don't deceive yourself into financial disaster, warn experts

• Global economic turmoil may be prompting more of us to conceal financial indiscretions
• AXA study finds more than one in three lies about financial affairs
• Stop being in denial about your finances urges psychologist

(08/11/2008) "Mindless Margin" is key to savings habit

• AXA identifies the 'Mindless Margin' – the point at which Britons can save without noticing a major impact on their quality of life
• My Budget Day can help reluctant savers to kick start the habit

(03/11/2008) AXA Insurance launches new motor product

AXA Insurance has launched AXA Car, a new personal lines intermediary (PLI) motor product, targeted at the low risk driver market.

(30/10/2008) Business leaders clash in industry debate on employee money matters

AXA has recently hosted an industry round table during which employee financial wellbeing was hotly debated by business leaders and commentators.

(30/10/2008) 20 million homes can't afford to save as recession bites in "real" Britain.

Only the richest portion of society can still afford to set aside savings, according to new research* by AXA. The firm says that over 20 million households have been eating into savings since the turn of the year and that only the wealthiest 20 per cent of the country has avoided spending beyond their means.

(28/10/2008) AXA launches innovative Save More Tomorrow pension

As the number of people saving into a private pension scheme drops off and the credit crunch hits pension values, AXA is launching a new pension plan, Save More Tomorrow, that aims to address the growing problem of lack of pension provision faced by UK workers.

(24/10/2008) AXA's 'Best People' wins 'Managing Change' award

At the CBI/Real Business Human Capital Awards in London (Tuesday 21 October), the 'Managing Change' award went to AXA for its 'Best People' programme; supporting people and cultural change through a number of highly imaginative initiatives.

(13/10/2008) Employee financial wellbeing under the spotlight in industry debate

AXA is hosting a major debate for HR professionals to examine whether businesses should play a leading role in ensuring the financial wellbeing of their employees.

(10/10/2008) AXA 'Redefines Standards' with bold new integrated campaign

AXA demonstrates confidence with distinctive creative, media 'firsts' and a focus on the company's trustworthiness at a time of consumer cynicism.

(29/09/2008) 8 million working women could face economic crisis

British career women's financial worth equivalent to their mothers' in the 1970s, with 50% of women across Great Britain at financial risk as attitudes to protection cover remain stuck in the past.

(18/09/2008) 'Sickness presence' sweeps Britain

Sales and Marketing top the working wounded charts whilst Charity workers prefer to stay home.

(09/09/2008) Cost of business crime soars by 18% - Derby tops the business crime table

Statistics collected by AXA Insurance for its Business Crime Index show a 10 per cent increase in the number of crimes committed against British businesses in the first half of this year, and an 18 per cent increase in the cost of business crimes in the same period.

(05/09/2008) AXA barometer shows record UK emigration figures look set to continue

Brits look to escape to the sun as nation of 'wannabe ex-pats' emerges.

(01/09/2008) Desire for 'perfect insurance self' leads men and women to non disclose

Women across Great Britain are painting an inaccurate picture about their weight to keep their insurance premiums down.

(18/08/2008) Guide Dogs get a helping hand from Greek Gods

AXA staff are set to take their marks at the annual AXA 5 Road Race on Tuesday 2 September. The event will take place at the AXA Sports and Social club, Cribbs Causeway.

(14/08/2008) AXA advises Scottish home owners and businesses to protect themselves from flood dangers

In response to the recent reports that workers in flood affected areas of Scotland may have been infected with Weil's Disease, AXA is advising home owners and businesses to take the necessary precautions and protect themselves from the dangers associated with flooding.

(08/08/2008) AXA research reveals increasing numbers unable to afford their rent

As the housing market focuses on mortgage arrears and repossessions, AXA can reveal that the private rental market could also be heading for a bumpy ride.

(07/08/2008) Earnings growth maintained at AXA UK¹ - underlying earnings up 14%* from £160 million for H1 2007 to £183 million for H1 2008

• Robust result despite tough markets
• Resilient Life and Savings Revenues. Strong growth in Protection and Group Pensions balanced by reduction in Investment Bond business
• UK Property and Casualty markets remain difficult and show little signs of early improvement
• Continued strong growth in Healthcare Revenues – 9% ahead of H1 2007
• Good progress made in acquiring and integrating Distribution capability

(30/07/2008) AXA & Winterthur Wealth Management announces new senior sales team

Further to the announcement that it intends to undergo a business reorganisation, AXA & Winterthur Wealth Management has announced a new senior sales team, led by David Thompson, managing director, sales & marketing.

(20/07/2008) Additional investment of over £700 million needed to address flood issues across UK - £800m government commitment inadequate

July 18, 2008: AXA calls for clear accountability and increased investment to deal specifically with drainage problems that cause flooding, along with a larger financial commitment from central and local government to address infrastructure issues.

(18/07/2008) Middle Britain House prices to drop £40,000 by Christmas

• Middle Britain decline to outstrip housing market average
• Some to face negative equity risk
• 9% to struggle to meet mortgage repayments

(17/07/2008) AXA & Winterthur Wealth Management announces its new financial services business model

• To deliver best possible value, service and performance
• To develop a centralised adviser support service

(11/07/2008) Teenagers set to feel the pinch as credit crunch hits 'Bank of Mum and Dad'

Parents get tough on kids with stricter lending criteria.

(02/07/2008) AXA Framlington Multimanager funds transfer to Architas. Caspar Rock appointed as Deputy CIO of Architas

02 July 2008: Architas Multi-Manager Limited ('Architas') and AXA Framlington confirmed the transfer of the six AXA Framlington Multimanager funds to Architas on 1 July 2008.

(18/06/2008) Families wanting to be part of Middle Britain now need to earn an average of £62,000 a year.

• One in three households think they are part of Middle Britain yet only 20 per cent of households fit criteria
• Middle Britain spending power stagnating as credit crunch bites

(14/06/2008) New child private medical insurance

AXA PPP healthcare has introduced a private medical insurance plan exclusively for children.

(13/06/2008) AXA expands protection large case team

June 5 2008. AXA has expanded its large case team for protection products.

(03/06/2008) AXA Sponsors the Renaissance Faces Exhibition at the National Gallery

AXA is sponsoring the National Gallery's Renaissance Faces exhibition. A landmark exhibition at the National Gallery will provide a rare opportunity to trace the development of 15th and 16th century portrait painting in both Northern and Southern Europe, side by side.

(27/05/2008) More homeowners at risk than in 1992 recession

Nearly 16 years since the last major economic downturn in the UK, research published by AXA¹ reveals that UK homeowners have failed to learn the lessons of 1992 - there are more people at risk of falling into mortgage arrears or having their home repossessed, and the vast majority of homeowners have no protection in place to guard against possible financial hardship.

(24/05/2008) AXA launches new Independent Travellers insurance for growing market of 'go-it-alone' holiday makers

Despite the increasing economic gloom, the holiday season is approaching and millions of Brits will be preparing to travel abroad over the summer months. But AXA warns that increasing numbers of people arranging their own holidays may be leaving themselves exposed despite taking out travel insurance.

(21/05/2008) Next generation want credit cards and loans – but most can't budget for groceries

• 70% of teenagers fail AXA's budgeting experiment
• AXA calls for practical budgeting lessons at school

(1/05/2008) AXA announces partnership with BRE and Lexicon Energy

AXA announces today its partnership with BRE and Lexicon Energy for the provision of energy certificate services.

(1/05/2008) SMEs Responsible for 110 Million Tonnes of Carbon Emissions Each Year

AXA launches carbon calculator to help SMEs reduce emissions.

(15/04/2008) Mark Cliff

Mark Cliff, formerly Markets Managing Director at AXA, has resigned and will be joining Fortis later this year. Mark has been a much valued member of the AXA team. He has been with the company for 9 years and played a major part in its development.

(14/04/2008) AXA introduces first roving underwriter service

AXA has introduced a roving underwriter service offering intermediaries individual visits.

(11/04/2008) AXA UK appoints new head of insurance business

AXA UK has appointed Philippe Maso y Guell Rivet as chief executive of AXA Insurance.

(07/04/2008) AXA announces protection training for advisers

AXA is launching a nationwide adviser training programme to help them advise on protection products, in an attempt to help close the UK protection gap.

(04/04/2008) High earners to take up second jobs and cut pension to cope with financial strain

• 70% of Middle Britain to cut spending
• Millions of households to eat into savings and reduce pension contributions
• AXA launches Financial Task Force to tackle Middle Britain financial crisis

(25/03/2008) UK families underinsure their lives by £2.5trillion

UK families are under-insured by £2.5 trillion, equating to a total shortfall of £176,776 for the average UK family, according to figures from AXA's international Protection Scope survey.

(25/03/2008) Brits in denial

The UK is a nation in denial with the majority believing they're unlikely to suffer serious illness, unemployment or financial problems during their lifetime according to figures from AXA's international Protection Scope survey.

(20/03/2008) AXA UK successfully acquires control of SBJ Group

AXA Advisory Holdings today announces that its offer to purchase SBJ Group has been successful following acceptance by over 90% of the shareholders of SBJ. The offer is now unconditional in all respects but will remain open for additional acceptances until further notice.

(04/03/2008) AXA UK launches offer to acquire SBJ Group Limited - acquisition will significantly enhance AXA's UK distribution capability

AXA Advisory Holdings today announces that it has made a formal offer to purchase 100% of the share capital of SBJ Group. The offer, which has been unanimously recommended by the Board of SBJ, has been put to SBJ shareholders.

(03/03/2008) AXA uses expert knowledge base to revamp protection pricing structure

AXA has overhauled its pricing structure for protection products to make it even more competitive for larger sums assured.

(28/02/2008) AXA UK¹ reports strong growth in underlying earnings - to £354 million for 2007, up 15% from £308 million in 2006

• Life and Savings business delivers improved revenue in 2007 and strong earnings growth
• Winterthur business successfully integrated
• Good UK general insurance revenue growth - up 8% in 2007 - increasing share in many core markets
• Health revenues up 12% in 2007; increases delivered across all main product areas
• General and Health earnings result of £180 million achieved despite the impact of January storms and Summer floods - total cost £223 million before tax

(25/02/2008) AXA announces the arrival of Buy to Let

AXA announces today the arrival of Buy to Let, a new personal lines product designed to meet the needs of small property investors and buy to let landlords. The buy to let market is worth over £120 billion and continues to experience steady growth.

(13/02/2008) One in five UK employees still pressured to retire by their employers

• One in five (20 per cent) retirees have been forced out of their job by their employers
• Nearly half of Brits (48 per cent) retire before the minimum legal requirement
• Employers could face £45m¹collective compensation bill for age-related discrimination claims

(08/02/2008) Retirees can expect a "time bonus" of 18 happy years when they stop working

• Workers think the age of ‘oldness’ is 72 – retirees feel it’s actually 78
• British retirees among the happiest in the world

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