Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.
🟢 New in Current Filing
We face additional risks relating to acquisitions that are larger than our usual tuck-in acquisitions described above.
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🟢 New in Current Filing
We are subject to risks associated with AI.
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🔴 No Match in Current Filing
We face risks relating to our acquisition of Willis Re.
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🔴 No Match in Current Filing
The COVID-19 pandemic has and could continue to adversely affect our business, results of operations and financial condition.
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🔴 No Match in Current Filing
Limited protection of our intellectual property could harm our business and our ability to compete effectively, and we face the risk that our services or products may infringe upon the intellectual property rights of others.
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🟡 Modified
Future sales or other dilution of our equity could adversely affect the market price of our common stock.
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🟡 Modified
Risk Factor Summary
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🟡 Modified
Economic conditions that result in financial difficulties for underwriting enterprises or lead to reduced risk-taking capital capacity could adversely affect our results of operations and financial condition.
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🟡 Modified
Our substantial operations outside the U.S. expose us to risks different than those we face in the U.S.
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🟡 Modified
We are subject to regulation worldwide. If we fail to comply with regulatory requirements or if regulations change in a way that adversely affects our operations, we may not be able to conduct our business, or we may be less profitable.
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🟡 Modified
We face a variety of risks in our third-party claims administration operations that are distinct from those we face in our brokerage and benefit consulting operations.
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🟡 Modified
Our success depends, in part, on our ability to attract and retain qualified talent, including our senior management team.
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🟡 Modified
Changes in data privacy and protection laws and regulations, or any failure to comply with such laws and regulations, could adversely affect our business and financial results.
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🟡 Modified
Improper disclosure of confidential, personal or proprietary information and cybersecurity attacks or other security breach of our information systems, or those of third-party vendors we rely on, could result in regulatory scrutiny, legal liability or reputational harm, and could adversely affect our business, financial condition and reputation.
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🟡 Modified
We could be adversely affected by violations or alleged violations of laws that impose requirements for the conduct of our overseas operations, including the FCPA, the U.K. Bribery Act or other anti-corruption laws, sanctions laws and FATCA.
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🟡 Modified
Business disruptions could have a material adverse effect on our operations, damage our reputation and impact client relationships.
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🟡 Modified
Damage to our reputation could have a material adverse effect on our business.
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🟡 Modified
Changes in our accounting estimates and assumptions could negatively affect our financial position and operating results.
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🟡 Modified
We face a variety of risks in our benefit consulting operations distinct from those we face in our insurance brokerage operations.
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🟡 Modified
Our ESG-related aspirations, goals and initiatives, and our statements and disclosures regarding ESG-related matters, expose us to numerous risks.
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🟡 Modified
Global economic conditions and geopolitical events may cause unstable economic conditions in the countries, regions or industries in which we operate and adversely affect our results of operations and financial condition.
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