Paul Grasso has been promoted to the role of Head of Treaty in Australia and New Zealand at Aon’s Reinsurance Solutions business.

The solutions include risk transfer, claims advocacy and capital management.

John Carroll, who formerly held the role, was appointed Reinsurance Solutions CEO Australia and New Zealand in November amid key leadership changes after Jeremy Goodman became UK President, moving from Singapore to London.

Sydney-based Mr Grasso has spent 15 years at Aon, most recently more than five years as Head of Property.

“Bringing proven expertise to the role, Paul will support clients to optimise their capital as the reinsurance market finds itself on a more sustainable footing,” Aon said.

APAC Reinsurance Solutions President Robert De Souza and Mr Carroll both report to Reinsurance Solutions CEO APAC George Attard.