In an effort to accelerate the development of its activities in emerging countries, notably Central and Eastern Europe,
After the buyout of the minority interests of its Hungarian, Czech and Polish subsidiaries held by the EBRD in December 2009, the acquisition of Omniasig Life represents for AXA an excellent opportunity for its development in a high growth potential market of Central and Eastern Europe.
The Romanian market, with its low life insurance penetration rate compared to the rest of the European Union (0.4%, with a life insurance market of Euro 0.5 billion in 2008), offers to AXA an important growth potential.