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5 March 2024 Reinsurance

Aon taps ex-AXIS/PartnerRe veteran for top Bermuda role

Global brokerage Aon has tapped a senior Bermudian reinsurance executive to lead its business on the island as chief executive officer. Tony Fox, CEO and chairman of Reinsurance Solutions Bermuda, will remain as chairman. 

Roman Romeo has been promoted to become the CEO of Aon’s reinsurance solutions Bermuda unit, effective April 1. Romeo will report to Tony Fox, the previous CEO and chairman, who will remain as chairman.  

Romeo will lead Aon’s Bermuda reinsurance operations while continuing to create a collaborative environment that draws on the expertise of the firm’s global network. 

He joined Aon in 2022 and brings more than 23 years of industry experience to his new role, including six years at re/insurer AXIS Capital – where he served as president, head of property of Axis Specialty Limited – and eight years at reinsurer PartnerRe, where he held the position of senior underwriter, property catastrophe.

Andy Marcell, CEO of Aon’s Risk Capital and Reinsurance Solutions, said: “Through its Bermuda capabilities, Aon is committed to shaping better decisions for our clients and markets across a wide range of business lines and sources of capital. 

“We are excited to have Roman grow and further develop this platform. As a leading re/insurance jurisdiction, Bermuda continues to offer a unique trading hub that brings together highly innovative solutions and leading carriers that are committed to providing continuity of cover via a broad variety of risk capital.”

Fox added: “Roman brings a fantastic track record and wealth of experience in our industry. He will create an environment in Bermuda that allows our talented professionals to achieve the best results for our clients, helping them to navigate volatility, optimise capital and build resilience.”

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