AXA Announces Creation of Unified Ceded Re Team to Drive Greater Alignment and Operational Excellence

AXA today announced a significant organizational enhancement with the integration of the AXA Group and AXA XL Ceded Reinsurance (Ceded Re) teams to create a unified Ceded Re team, effective July 1, 2025. This strategic alignment marks a key milestone in AXA’s commitment to streamlined operations and cohesive strategy execution.

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 Head of Ceded Re for AXA XL. 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.