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7 June 2023News

AXA XL appoints new CEO for reinsurance

AXA XL has appointed Renaud Guidée (pictured) as chief executive officer, reinsurance, succeeding Nancy Bewlay, who is promoted to group chief underwriting officer, a new role.

Guidee, who takes up his appointment on September 1, is currently AXA Group's chief risk officer. He will lead AXA XL’s reinsurance business.

Mr. Guidée assumes the role from Nancy Bewlay, who has been appointed group chief underwriting Officer. In this newly created role, Ms Bewlay will join AXA's management committee reporting to Frédéric De Courtois, group deputy CEO.

Scott Gunter, AXA XL’s CEO, said: “Renaud brings with him a wealth of financial and risk experience having joined Axa in 2019 from Goldman Sachs where he was managing director.

Gunter added: “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.”

Guidée was appointed AXA Group’s CRO in 2019. He was previously with Goldman Sachs’ investment banking division, where he advised large corporate clients across industries with a total cross-border transaction track record of over $150 billion. His earlier experience includes working as special advisor to former IMF Managing Director Michel Camdessus in 2010.