Nick Studer
CEO, Marsh Management Consulting
Replay available
Marsh & McLennan Companies, Inc. (NYSE: MMC) Q4 2025 earnings conference call, held 2026-01-29. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:03.876 Please note that remarks made today may include forward-looking statements. 00:00:03.876 -- 00:00:08.923 Forward-looking statements are subject to risks and uncertainties, and a variety of factors 00:00:08.923 -- 00:00:14.972 may cause actual results to differ materially from those contemplated by such statements. 00:00:14.972 -- 00:00:19.438 For more detailed discussion of those factors, please refer to our earnings release for 00:00:19.438 -- 00:00:25.106 this quarter and to our most recent SEC filings, including our most recent Form 10-K, 00:00:25.106 -- 00:00:28.499 all of which are available on the Marsh website. 00:00:28.499 -- 00:00:32.885 During the call today, we may also discuss certain non-GAAP financial measures. 00:00:32.885 -- 00:00:37.632 For a reconciliation of these measures to the most closely comparable GAAP measures, 00:00:37.632 -- 00:00:41.719 please refer to the schedule in today's earnings release. 00:00:41.719 -- 00:00:46.105 If you have a question, please press star one one on your touchstone phone. 00:00:46.105 -- 00:00:49.470 If you wish to be removed from the queue, please press star one one again. 00:00:49.470 -- 00:00:53.856 If you're using a speakerphone, you may need to pick up the handset before pressing the 00:00:53.856 -- 00:00:58.910 numbers. Once again, if you have a question, please press star one one on your 00:00:58.910 -- 00:01:00.713 touchstone phone. 00:01:00.713 -- 00:01:06.358 I'll now turn this over to John Doyle, President and CEO of Marsh. 00:01:08.663 -- 00:01:09.625 Thank you, Andrew. 00:01:09.625 -- 00:01:13.370 Good morning, and thank you for joining us to discuss our fourth quarter results, which 00:01:13.370 -- 00:01:18.517 we reported earlier today. I'm John Doyle, President a...