Marsh & McLennan Companies, Inc. (MMC) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.096 Welcome to Marsh's earnings conference call. 00:00:03.096 -- 00:00:08.464 Today's call is being recorded. First quarter 2026 financial results and supplemental 00:00:08.464 -- 00:00:11.849 information were issued earlier this morning. 00:00:11.849 -- 00:00:16.032 They are available on the company's website at corporate.marsh.com. 00:00:17.277 -- 00:00:21.063 Please note that remarks made today may include forward-looking statements. 00:00:21.063 -- 00:00:25.851 Forward-looking statements are subject to risks and uncertainties, and a variety of factors 00:00:25.851 -- 00:00:31.495 may cause actual results to differ materially from those contemplated by such statements. 00:00:31.495 -- 00:00:35.400 For a more detailed discussion of those factors, please refer to our earnings release 00:00:35.400 -- 00:00:41.046 for this quarter and to our most recent SEC filings, including our most recent Form 10-K, 00:00:41.046 -- 00:00:44.370 all of which are available on the Marsh website. 00:00:44.370 -- 00:00:48.835 During the call today, we may also discuss certain non-GAAP financial measures. 00:00:48.835 -- 00:00:53.560 For a reconciliation of these measures to the most closely comparable GAAP measures, 00:00:53.560 -- 00:00:57.119 please refer to the schedule in today's earnings release. 00:00:57.119 -- 00:01:01.604 If you have a question, please press star one one on your touchtone phone. 00:01:01.604 -- 00:01:04.909 If you wish to be removed from the queue, please press star one one again. 00:01:04.909 -- 00:01:09.254 If you're using a speakerphone, you may need to pick up the handset before pressing the 00:01:09.254 -- 00:01:14.580 numbers. Once again, if you have a question, please press star one one on your touchtone 00:01:14.580 -- 00:...