Aon Appoints Joe Peiser as CEO of Risk Capital

Rhea-AI Summary

Aon (NYSE: AON) announced on February 12, 2026 that Joe Peiser has been appointed CEO of Risk Capital, responsible for Risk Capital across Commercial Risk and Reinsurance Solutions. Peiser will report to Andy Marcell, CEO of Global Solutions, as a search for the CEO of Commercial Risk is underway.

The appointment aims to accelerate Aon's Risk Capital strategy by connecting risk with efficient capital via distribution, analytics, advisory and innovation across insurance, reinsurance, captives, parametric, ILS and alternative capital markets.

Positive

• Appointment of Joe Peiser enhances Risk Capital leadership
• Peiser brings >30 years of industry experience
• Direct reporting to Andy Marcell ensures executive alignment
• Role intended to accelerate analytics-enabled capital solutions

Negative

• Search for CEO of Commercial Risk is currently underway

Key Figures

Industry experience: more than 30 years Joined Aon: 2021 Global Commercial Risk CEO: 2023

3 metrics

Industry experience more than 30 years Joe Peiser’s experience across broking and risk roles

Joined Aon 2021 Peiser first joined Aon as Commercial Risk Leader for North America

Global Commercial Risk CEO 2023 Year Peiser was appointed Global CEO of Commercial Risk

Market Reality Check

Price: $314.49 Vol: Volume 2,909,811 vs 20-da...

high vol

$314.49 Last Close

Volume Volume 2,909,811 vs 20-day average 1,693,390 (relative volume 1.72x) indicates elevated trading interest ahead of this announcement. high

Technical Shares at $309.97 are below the 200-day MA of $353.98 and sit close to the 52-week low of $307.01, well under the $412.97 52-week high.

Peers on Argus

AON is down 2.5% with peers mostly weaker: AJG -3.03%, MMC -1.36%, WTW -2.59%, B...

AON is down 2.5% with peers mostly weaker: AJG -3.03%, MMC -1.36%, WTW -2.59%, BRO -0.22%, while ERIE +1.37%. Mixed sector moves and no momentum scanner flags point to more company-specific trading rather than a clean sector-wide trend.

Common Catalyst Select peers also had news (buybacks at BRO and risk-related commentary at WTW), but no broad, shared catalyst clearly linking today’s leadership announcement at AON with sector-wide moves.

Historical Context

5 past events · Latest: Feb 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	War-risk facility deal	Positive	-9.3%	Announced new $25M war-risk reinsurance facility supporting Ukraine exposures.
Feb 03	Labor study webinar	Neutral	-0.8%	Announced webinar to present Q1 2026 insurance labor market survey results.
Jan 30	Earnings release	Positive	+1.9%	Reported Q4 and 2025 results with revenue, EPS growth and stronger free cash flow.
Jan 20	Catastrophe insight report	Neutral	-1.3%	Published climate and catastrophe report highlighting loss trends and SCS impacts.
Jan 15	Debt redemption	Positive	-0.3%	Redeemed and delisted 2.875% senior notes due 2026 from the NYSE.

Pattern Detected

Recent AON news often saw muted or negative reactions, with even seemingly constructive items like new facilities and capital actions sometimes met with selling.

Recent Company History

Over the past month, AON has reported several notable developments. On Jan 30, 2026, it posted strong Q4 and full-year 2025 results with higher revenue, EPS and free cash flow alongside debt reduction and buybacks. Earlier items included a Ukraine war-risk reinsurance facility effective Feb 1, 2026, a climate and catastrophe insight report highlighting severe convective storms, and debt redemption and delisting of 2.875% notes. The current leadership appointment fits into a period of active strategic and capital management moves.

Market Pulse Summary

This announcement highlights AON’s intent to sharpen its Risk Capital strategy by consolidating lead...

Analysis

This announcement highlights AON’s intent to sharpen its Risk Capital strategy by consolidating leadership under a dedicated CEO role. Set against recent activity—ranging from new reinsurance facilities to earnings and capital structure moves—it underscores a continued focus on connecting risk with capital across insurance, reinsurance, captives and ILS. Investors may watch how this leadership structure affects growth in analytics‑enabled solutions, capital distribution capabilities, and coordination across Commercial Risk and Reinsurance Solutions.

AI-generated analysis. Not financial advice.

DUBLIN, Feb. 12, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Joe Peiser as CEO of Risk Capital. 

In this role, Peiser will lead Aon's Risk Capital capabilities across Commercial Risk and Reinsurance Solutions. Peiser will continue to report to Andy Marcell, CEO of Global Solutions for Aon. A search for the role of CEO of Commercial Risk is underway.

Peiser's appointment reflects Aon's broader strategy to strengthen how the firm helps clients navigate increasing volatility by connecting risk with the most efficient forms of capital. Peiser's enhanced leadership role will accelerate Aon's work to deliver solutions that draw on the firm's market access, analytics and advisory capabilities across Risk Capital.

"Aon's Risk Capital capabilities are essential to how we help clients navigate an increasingly complex risk environment," said Marcell. "Joe's deep industry experience, proven leadership and the trust he's earned from clients globally make him a natural fit for the role. His appointment reflects the continued momentum of our Aon United strategy as we expand our capabilities to serve evolving client needs."

The appointment builds on the firm's ongoing commitment to enhance and execute Aon's Risk Capital strategy which is designed to help clients make better-informed decisions by accessing the most optimal forms of capital through:

• Capital distribution across insurance, reinsurance, captives, parametric, ILS and alternative capital markets
• Advanced analytics and modeling to quantify choices and optimize total cost of risk
• Advisory expansion to support clients with structuring, capital management and emerging risks
• Innovation across new risk-transfer instruments, digital trading and market‑making capabilities

Peiser has more than 30 years of industry experience spanning broking leadership, risk consulting, client advisory roles and executive positions across North America, the UK and Bermuda. He has led transformation programs at scale, including modernizing broking platforms and advancing analytics‑enabled solutions for clients.

Peiser first joined Aon in 2021 as Commercial Risk Leader for North America before being appointed to Global CEO of Commercial Risk in 2023. In his new Risk Capital role, Peiser will work closely with solution line and regional leaders as well as Aon Business Services to accelerate the delivery of  impactful end to end solutions, ensuring clients benefit from a more connected, analytics‑enabled capital ecosystem.

"I'm honored to step into this Risk Capital role at such a pivotal time for our clients and our firm," said Peiser. "Organizations are facing unprecedented complexity, and Aon's ability to seamlessly connect expertise, analytics and diverse pools of capital is a true differentiator. I'm excited to work with colleagues across all of our capabilities to deliver solutions that help clients make better decisions and create value."

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here.

Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

 

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SOURCE Aon plc

FAQ

Who is the new CEO of Risk Capital for Aon (AON) and when was the appointment announced?

Joe Peiser was appointed CEO of Risk Capital, announced on February 12, 2026. According to the company, Peiser will lead Risk Capital across Commercial Risk and Reinsurance Solutions and report to Andy Marcell.

What responsibilities will Joe Peiser have as Aon's (AON) CEO of Risk Capital?

Peiser will lead Aon's Risk Capital capabilities across Commercial Risk and Reinsurance Solutions. According to the company, his role focuses on capital distribution, analytics, advisory expansion and innovation across multiple capital markets.

How does Joe Peiser's appointment affect Aon's (AON) Risk Capital strategy and clients?

The appointment is meant to accelerate delivery of integrated capital solutions and analytics. According to the company, it aims to help clients access optimal capital, improve decision-making and connect diverse pools of capital.

To whom will the new Risk Capital CEO at Aon (AON) report and what leadership search is underway?

Peiser will report to Andy Marcell, CEO of Global Solutions. According to the company, a search for the role of CEO of Commercial Risk is currently underway following this appointment.