AXA merges AXA Group and AXA XL Ceded Reinsurance teams for streamlined operations

From Yahoo Finance: 2025-06-26 11:17:00

AXA has merged its AXA Group and AXA XL Ceded Reinsurance teams to form a unified Ceded Re team, effective July 1, 2025. Led by Guy Van Hecke, this move aims to optimize global reinsurance operations, reduce duplication, and enhance market presence, with a focus on consistent strategy and streamlined communication.

The integration is part of AXA’s strategy to strengthen partnerships globally by leveraging the expertise of both teams. Under Guy Van Hecke’s leadership, the unified Ceded Re team will focus on harmonizing ceded reinsurance approaches, enhancing operational frameworks, and delivering operational excellence and innovation in the global reinsurance landscape.

AXA Group, with 154,000 employees serving over 95 million clients in 50 countries, is committed to operational excellence, innovation, and trusted relationships in the insurance and asset management space. In a related appointment, Sylvie Gleises was named the new regional CEO for Asia at AXA XL Insurance, based in Singapore.

The strategic alignment aims to streamline operations, enhance market presence, and strengthen partnerships globally. By creating a more integrated and agile Ceded Re structure, AXA is well-positioned to deliver on its commitment to operational excellence, innovation, and trusted relationships across the global reinsurance landscape.

Read more: AXA creates unified Ceded Re team for streamlined operations