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Latest News

Malicious damage business claims up 40 per cent

by Personnel Today 18 Sep 2003
by Personnel Today 18 Sep 2003

Malicious
damage to British businesses increased by 40 per cent in the second quarter of
this year, accounting for half of all crime-related insurance claims.

A
report by insurance firm AXA analysed trends of crimes committed against
British business from 900,000 insurance claims made in the past 12 months.

It
shows that more than 400,000 UK businesses were victims of malicious damage
such as broken windows and graffiti.

After
analysis of the results, AXA fears that angry staff are committing crimes
against their employers.

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Cardiff
had the highest percentage of crime-related claims in the UK with 30 per cent
of insurance claims there being made on the grounds of crime. London had the
smallest percentage of claims.

By Michael Millar

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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