Strong Financial Performance: WTW achieved 5% organic revenue growth in Q2 2025, with adjusted EPS reaching $2.86, up approximately 20% year-over-year. Adjusted operating margin also expanded by 150 basis points, highlighting effective cost management amidst economic uncertainty.

Segment Growth Outlook: - Health, Wealth & Career (HWC) is forecasted to maintain mid-single-digit organic growth for 2025, driven by strong demand in health care solutions and ongoing projects to help clients manage costs amidst rising health care inflation. - Risk & Broking (R&B) delivered 6% growth, with expectations to continue mid- to high single-digit growth driven by strong new business wins and client retention, particularly in specialty lines.

Challenges in Discretionary Spending: While HWC reported solid growth, discretionary projects, particularly in the Career segment, have faced delays due to macroeconomic uncertainty, which could impact revenue growth over the short term. Clients are cautious, which could slow decision-making.