Axa XL reinsurance recruits Champion

December 11 2018 by InsuranceAsia News Staff

Axa XL has appointed Etienne Champion (pictured), formerly chief operating officer of Axa Corporate Solutions in Asia, as head of underwriting Asia for its international reinsurance business.

In his new role, which started at the beginning of December, Champion is responsible for building Axa XL’s reinsurance portfolio and growing its market presence in Asia.

He will work together with the local reinsurance underwriting teams to further develop the portfolio in key Asian markets including China, Hong Kong, Korea, Taiwan and South-East Asia to ensure profitable growth.

“The (re)insurance markets in Asia are at varying stages of development and growth potential,” said Ann Chua, head of Asia for Axa XL’s reinsurance business. “China and India, for example, with their dynamic economic and social development and by their sheer size, remain the two major growth markets in Asia. In contrast, South-East Asian markets are relatively untapped and present opportunities due to the low insurance penetration.”

Chua continued, “Having the best talent in the right place is key to us in serving our clients’ needs and achieving our ambition in these important markets.”

Champion has more than 18 years’ experience in the insurance industry in Europe and Asia. He joined Axa Corporate Solutions in 2000 where he has held several positions within the organisation, including regional underwriting practice leader for liability, motor and employee compensation supporting the Axa general insurance commercial lines underwriters in Hong Kong, Indonesia, Thailand and the Philippines.