AXA XL Reinsurance (AXA XL Re), the reinsurance arm of AXA XL and part of the global AXA Group, has announced a new CEO, with Renaud Guidée moving over from the AXA Group Chief Risk Officer position, to join the reinsurance side.
Nancy Bewlay, the current CEO of AXA XL Reinsurance, has been appointed as AXA Group Chief Underwriting Officer and joins the Management Committee of AXA.
This change will take place on September 1st, with Guidée then set to lead AXA XL’s Reinsurance business from that date and Bewlay taking on the Group CUO position.
AXA XL Re has a global footprint as a leading reinsurer, offering solutions that include property, casualty, and specialty reinsurance, as well as being intrinsically linked to the AXA XL ILS Capital Management insurance-linked securities (ILS) and third-party capital offering.
Guidée has been the AXA Group Chief Risk Officer since 2019. Before AXA, he was a Managing Director with Goldman Sachs’ Investment Banking Division, advising large corporate clients across industries with a total cross-border transaction track record of over $150bn.
Scott Gunter, AXA XL’s CEO commented on the news, “Renaud brings with him a wealth of financial and risk experience having joined AXA in 2019 from Goldman Sachs where he was Managing Director.
“Over the past year we have worked to reposition our Reinsurance portfolio and we are seeing the benefits of this work in our discussions with clients and brokers. I want to take this opportunity to warmly thank Nancy for her leadership of the Reinsurance business and congratulate her on her new role at AXA Group.
“We have an extremely talented team across reinsurance and there is huge potential for strategic growth in this market.”
Bewlay has been the AXA XL Re CEO since March 2022, having previously served as Global Chief Underwriting Officer (CUO) at AXA XL.