AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025.
The unified Ceded Re team will operate under the leadership of Guy Van Hecke, who will continue in his dual capacity as group head of Ceded Re and AXA XL’s head of Ceded Re. He will continue to report to Nancy Bewlay, chief underwriting officer of AXA Group, and maintain a matrix reporting line to Scott Gunter, CEO of AXA XL, for AXA XL-related responsibilities.
The new alignment is underpinned by four strategic objectives:
- Consistent Strategy: A harmonized approach to ceded reinsurance will ensure greater predictability and reliability in AXA’s market interactions.
- One AXA Synergy: Leveraging shared strengths across AXA Group and AXA XL to maximize partner satisfaction and efficiency.
- Streamlined Communication: A unified voice will simplify engagement for brokers and reinsurers, enhancing transparency and responsiveness.
- Optimized Governance: Strengthened operational frameworks and tools will drive efficiency and accelerate decision-making.
“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,” commented Van Hecke.
“This strategic alignment enables us to reduce duplication, enhance market presence, and ensure seamless communication across our global operations,” he added.
“We believe these changes will not only strengthen our internal operations but also enhance the quality and effectiveness of our partnerships,” Van Hecke said.
Source: AXA
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