AXA XL’s reinsurance business has appointed Etienne Champion as Head of Underwriting Asia, International Reinsurance, effective 1 December 2018.
In his new role, Champion will be responsible for building AXA XL’s reinsurance portfolio and growing 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, South Korea, Taiwan and South East Asia and ensure profitable growth.
Champion has over 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.
Most recently, he was Chief Operating Officer, Asia for AXA Corporate Solutions.
Champion was also Regional Underwriting Practice Leader for Liability, Motor and Employee Compensation supporting the AXA General Insurance Commercial Lines underwriters in Hong Kong, Thailand, Indonesia and Philippines.
“The (re)insurance markets in Asia are at varying stages of development and growth potential. 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,” said Ann Chua, Head of Asia for AXA XL’s reinsurance business.
“In contrast, South East Asian markets are relatively untapped and present opportunities due to the low insurance penetration.”
“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.”