AXA Unveils New Unified Ceded Re Structure
French insurance behemoth AXA has declared a significant organizational overhaul set to take effect on July 1, 2025. This restructuring merges the AXA Group and AXA XL Ceded Re teams, forming a cohesive Ceded Re team designed to enhance operational efficiency and market competitiveness.
The unified Ceded Re team will be spearheaded by Guy Van Hecke, who will maintain his dual roles as both Group Head of Ceded Re and Head of AXA XL’s Ceded Re. Van Hecke will continue to report to Nancy Bewlay, the Chief Underwriting Officer of AXA Group, while also holding a matrix reporting line to AXA XL CEO Scott Gunter concerning AXA XL-specific duties.
In a statement, Guy Van Hecke expressed, “By integrating the strengths and expertise of our AXA Group and AXA XL teams, we are crafting a more cohesive and agile Ceded Re structure that will bolster our global partnerships. This strategic alignment allows us to cut down on duplication, elevate our market presence, and ensure seamless communication across our worldwide operations. We are confident these enhancements will not only reinforce our internal dynamics but also enhance the quality and effectiveness of our global partnerships.”
