AXA has announced the integration of its AXA Group and AXA XL Ceded Reinsurance teams into a unified Ceded Re team, effective 1 July 2025.
This strategic move is part of AXA’s plan to streamline operations and execute a cohesive strategy with the aim of optimising its global reinsurance landscape.
The unified Ceded Re team will be led by Guy Van Hecke, who will continue as group head of Ceded Re and head of Ceded Re for AXA XL.
He will report to Nancy Bewlay, AXA Group chief underwriting officer, and maintain a matrix reporting line to Scott Gunter, CEO of AXA XL, with regard to AXA XL-associated responsibilities.
Van Hecke said: “By bringing together the strengths and expertise of our AXA Group and AXA XL teams, we are creating a more integrated and agile Ceded Re structure that will strengthen our partnerships globally.
“This strategic alignment enables us to reduce duplication, enhance market presence and ensure seamless communication across our global operations.”
The new alignment is underpinned by four strategic objectives: consistent strategy, one AXA synergy, streamlined communication and optimised governance.
These objectives aim to harmonise the approach to ceded reinsurance, leverage shared strengths, simplify engagement and strengthen operational frameworks.
“We believe these changes will not only strengthen our internal operations but also enhance the quality and effectiveness of our partnerships,” said Van Hecke. “By aligning teams and elevating leadership across key areas, AXA is well-positioned to deliver on its commitment to operational excellence, innovation and trusted relationships across the global reinsurance landscape.”
AXA Group operates in the insurance and asset management space, with 154,000 employees serving more than 95 million clients in 50 countries.
In March, AXA XL Insurance named Sylvie Gleises as its new regional CEO for Asia, based in Singapore.
"AXA creates unified Ceded Re team for streamlined operations" was originally created and published by Life Insurance International, a GlobalData owned brand.
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