Aon promotes Romeo to CEO Bermuda Reinsurance, Fox remains Chair

Global broking powerhouse Aon has promoted Roman Romeo to become the new chief executive officer (CEO) for its Bermuda Reinsurance Solutions unit, while Tony Fox is set to remain in place as chairman.

The change comes into force from April 1st, as Roman Romeo takes over the CEO role from Tony Fox, who stays on as chairman of Aon’s Bermuda reinsurance broking operations.

Romeo, who is based in Bermuda, will continue to report to Fox and will be tasked with creating a collaborative environment that draws on Aon’s global reach and expertise.

He was most recently Executive Managing Director, Wholesale Treaty for Aon Reinsurance Solutions in Bermuda.

Romeo joined Aon in 2022 after six years with AXIS Capital in Bermuda, becoming President, Head of Property for AXIS Specialty.

Prior to that, Romeo spent eight years at PartnerRe, where he held the position of Senior Underwriter, Property Catastrophe reinsurance.

Andy Marcell, CEO of Aon’s Risk Capital and Reinsurance Solutions, commented, “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 also said, “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, optimize capital and build resilience.”