The company said revenue for Q3 2025 was $6,351 million, an increase of 11% compared with the prior year period, or 4% on an underlying basis. GAAP operating income was $1,170 million, which the company reported as an increase of 6%.

1. 01

   The company said revenue for Q3 2025 was $6,351 million, an increase of 11% compared with the prior year period, or 4% on an underlying basis. GAAP operating income was $1,170 million, which the company reported as an increase of 6%.

2. 02

   The company said Risk & Insurance Services revenue for Q3 was $3.9 billion, an increase of 13%, or 3% on an underlying basis, and Consulting revenue was $2.5 billion, an increase of 9%, or 5% on an underlying basis.

3. 03

   The company said it repurchased approximately 1.9 million shares for $400 million in Q3 2025. It also announced that it will change its brand to Marsh effective January 2026 and will change its NYSE ticker symbol from MMC to MRSH.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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