press release may 13 2002 axa consolidated revenues up 1 9 on a comparable basis in the first quarter of to euro 21 billion life & savings which represent 58 total declined by 2 compared with same period last year 12 all our major operations are showing positive growth exception france due lower unit linked sales line group focus property and casualty profitability 24 were 5 4 from 2001 benefiting strong contribution both personal commercial lines asset management fees 0 shift product mix nevertheless net cash inflows 11 demonstrate quality business model distribution franchise international insurance 7 3 driven higher premium rates despite selective underwriting numbers herein have not been adjusted
