Core Viewpoint - Aon has appointed Nick Fraccalvieri as CEO of global facultative at its Reinsurance Solutions division, effective from March 1, 2026, to drive the company's global facultative reinsurance strategy and sustainable growth initiatives [1][2][6]. Group 1: Leadership Transition - Nick Fraccalvieri will retain his role as CEO of EMEA facultative reinsurance while taking on new responsibilities [1][4]. - He will succeed Andrew Laing, who has led the global facultative reinsurance team for a decade and will focus on his role as UK CEO of Reinsurance Solutions [4][5]. Group 2: Strategic Responsibilities - Fraccalvieri's responsibilities will include establishing the strategic direction for global facultative reinsurance and executing this strategy [2][3]. - He will place ceded facultative business at the center of Aon's approach and collaborate across the Risk Capital platform [3]. Group 3: Growth and Digital Initiatives - The new CEO will oversee efforts to advance Aon's digital capabilities and talent programs to meet evolving client requirements in a changing risk environment [3]. - Aon reported a net income attributable to shareholders of $1.7 billion for Q4 2025, a 136% increase from $716 million a year earlier, indicating strong financial performance [6].