Axa to merge two of its teams in reinsurance reshuffle

Axa is reshuffling its reinsurance operations by merging two of its teams.

The insurer said that it will merge the Axa Group and Axa XL ceded reinsurance teams to create a unified ceded re team.

It is making the move as it looks to streamline operations, drive efficiency and accelerate decision making.

Axa also hopes a unified voice will simplify engagement for brokers and reinsurers, “enhancing transparency and responsiveness”.

Guy Van Hecke, head of group and Axa XL ceded re, 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.”

Moves

The unified team will operate under the leadership of Hecke, who will continue to report to Nancy Bewlay, chief underwriting officer at Axa Group.

The move will become effective from 1 July 2025.

Hecke added: “We believe these changes will not only strengthen our internal operations, but also enhance the quality and effectiveness of our partnerships.

“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.”