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Ryan Specialty Holdings, Inc. (symbol: RYAN) is a premier global organization dedicated to providing specialized insurance services. Founded by Mr. Patrick G. Ryan, the retired chairman and CEO of Aon Corporation, Ryan Specialty offers a range of services that include wholesale brokerage, underwriting management, and other specialized insurance solutions tailored for agents, brokers, and carriers worldwide.
Ryan Specialty is committed to delivering measurable value through its expertise in crafting sophisticated insurance and risk management solutions. The company focuses on hard-to-place risks, making it a vital player in the insurance industry. With a mission to provide outstanding industry experience and quality services, Ryan Specialty works closely with retail agents, brokers, and insurance carriers to meet their unique needs.
The company prides itself on its proven leadership, extensive industry experience, and quality service. Its core business operations include distribution, underwriting, product development, administration, and risk management. These services are designed to help clients manage complex risk profiles effectively.
Some recent achievements of Ryan Specialty include strategic partnerships and product innovations that enhance their service offerings. The company is actively involved in various projects aimed at improving their service delivery and expanding their market presence. Financially, Ryan Specialty maintains a robust position, making it a reliable choice for those seeking specialized insurance solutions.
For more detailed information about Ryan Specialty and their services, you can visit their website at www.ryansg.com or contact them directly at 855-201-2000.
Ryan Specialty (NYSE: RYAN) has announced a definitive agreement to acquire certain assets of Griffin Underwriting Services, a specialist in binding authority and wholesale insurance. Founded in 1928 and based in Bellevue, WA, Griffin generated approximately $23 million in revenue for the 12 months ending November 30, 2022. The acquisition is expected to close in January 2023, enhancing Ryan Specialty's offerings in the Pacific Northwest and expanding its national binding authority capabilities.
Ryan Specialty Holdings (NYSE: RYAN) announced its leadership team's participation in a fireside chat at the Goldman Sachs Financial Services Conference on December 6, 2022, at 3:40 PM ET. Key figures including Founder and CEO Patrick G. Ryan, President Timothy W. Turner, CFO Jeremiah R. Bickham, and President and CEO of Ryan Specialty Underwriting Managers Miles Wuller will discuss insights relevant to the specialty insurance sector. The event will be streamed live and will be accessible for replay for 90 days on Ryan Specialty’s website.
Ryan Specialty Holdings, Inc. reported strong financial results for Q3 2022, with total revenue increasing 16.8% year-over-year to $412.0 million. The organic revenue growth rate was 13.7%, demonstrating solid client acquisition. Net income rose to $29.3 million, compared to a loss of $32.6 million in the prior year. Adjusted EBITDAC increased 11.2% to $116.8 million, with a margin of 28.4%. However, the full-year organic revenue growth guidance has been revised down to 14.5% – 16.0%.
Ryan Specialty (NYSE: RYAN) is set to release its Third Quarter 2022 financial results on November 10, 2022, after market close. A conference call will be held at 5:00 PM ET on the same day to discuss the results. Interested parties can access the live webcast on Ryan Specialty’s investor relations website. Founded in 2010, Ryan Specialty is a leading provider of specialty insurance solutions.
Ryan Specialty Holdings will have its Chairman & CEO, Patrick G. Ryan, President Timothy W. Turner, and CFO Jeremiah R. Bickham speak at the KBW Insurance Conference on September 8, 2022, at 9:05 AM Eastern Time. This event will be broadcast via a live webcast on Ryan Specialty's website, with a replay available for 90 days post-event. Founded in 2010, Ryan Specialty offers specialty insurance solutions for brokers and carriers, focusing on distribution, underwriting, and risk management services.
Ryan Specialty Holdings reported a 26.0% year-over-year increase in total revenue, reaching $491.3 million in Q2 2022, driven by strong organic growth of 22.3%. Net income rose 10.6% to $70.1 million, or $0.22 per diluted share. Adjusted EBITDAC grew 18.2% to $166.1 million, with a margin of 33.8%. The company raised its full-year outlook for organic revenue growth to 16.5% - 18.0% and EBITDAC margin to 29.0% - 30.0%. As of June 30, 2022, cash and equivalents stood at $866.7 million.
Ryan Specialty Holdings (NYSE: RYAN) will announce its Second Quarter 2022 financial results on August 11, 2022, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results, which will be accessible via a live webcast on its investor relations website. Investors can dial in at (877) 451-6152 (toll-free) or (201) 389-0879 (international) to participate. A replay of the call will be available for one year after the event.
Ryan Specialty Group Holdings (NYSE: RYAN) will present at the William Blair Growth Stock Conference on June 9, 2022, at 11:00 AM Eastern Time. The presentation will feature Chairman and CEO Pat Ryan, President Tim Turner, and CFO Jeremiah Bickham. Interested parties can access the live webcast through the Ryan Specialty website, with a replay available for 90 days post-event. Founded in 2010, Ryan Specialty specializes in providing innovative insurance solutions, acting as a wholesale broker and managing underwriter, targeting brokers, agents, and carriers.
Ryan Specialty Group Holdings (NYSE: RYAN) announced a name change to Ryan Specialty Holdings, effective June 6, 2022. The ticker symbol 'RYAN' will remain unchanged. CEO Patrick G. Ryan stated that this change aligns with the firm's refreshed brand and better reflects its forward-looking aspirations as a public company. Founded in 2010, Ryan Specialty is a provider of specialty insurance products and solutions, aiming to deliver innovative services for insurance brokers, agents, and carriers.
Ryan Specialty Group Holdings reported a strong first quarter for 2022, with total revenue soaring 24.2% year-over-year to $386.9 million.
The organic revenue growth rate was 20.1%, bolstered by new client acquisitions and market expansion. Net income rebounded to $18.1 million, compared to a loss in the previous year, with diluted earnings per share at $0.06.
Despite a rise in operating expenses (26.5%), the company's adjusted EBITDAC grew 13.6% to $107.3 million, showing solid margins and a positive outlook for 2022.
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