The company’s volume of new contrcats rose 9% in the analyzed interval, the insurer said.

The Romanian life insurance market shrank 2.8% in the first three months of the year, according to the latest available data.

AXA Asigurari’s market share on the life insurance segment is only 2%, as its business and network developing process is underway.

AXA entered Romania in 2010, when it bought insurer Omniasig Life.