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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 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.
Ryan Specialty Group Holdings (NYSE: RYAN) will release its First Quarter 2022 financial results on May 12, 2022, after market close. A conference call to discuss these results is scheduled for 5:00 PM ET the same day, with a live webcast available on the company's investor relations website. Founded in 2010, Ryan Specialty offers specialty insurance products and services, acting as a wholesale broker and managing underwriter. For more information, visit ir.ryansg.com.
Ryan Specialty Group Holdings reported a 15.8% increase in total revenue for Q4 2021, reaching $378.5 million. The organic revenue growth rate was 15.4%, with net income at $29.6 million compared to a net loss of $3.5 million in the prior year. Adjusted EBITDAC rose 18.2% to $120.3 million, and adjusted net income grew 24.1% to $77 million. Full-year revenue increased by 41% to $1.4 billion. The company anticipates a 2022 organic revenue growth rate of 13.0% - 15.0% and an adjusted EBITDAC margin of 28.0% - 30.0%.
CyberCube has partnered with RT ProExec, a division of Ryan Specialty Group, to enhance their cyber risk analytics capabilities through the Broking Manager platform. This collaboration allows RT ProExec to better assess financial impacts from cyber events, streamlining insurance coverage decisions. The Broking Manager provides insightful reports on cyber risks, aiming to improve services for their clients and retailers. CyberCube specializes in cyber risk analytics within the insurance sector, offering advanced tools to manage and understand cyber exposures.
Ryan Specialty Group Holdings (NYSE: RYAN) announced it will release its fourth quarter 2021 financial results on March 15, 2022, after market close. A conference call will follow at 5:00 pm ET on the same day to discuss these results. Investors can access the live webcast on the company’s investor relations website. Founded in 2010, Ryan Specialty offers specialty insurance products and solutions, functioning as a wholesale broker and managing underwriter, aiming for innovative solutions in the insurance sector.
Ryan Specialty Group (NYSE: RYAN) announced the pricing of $400 million in 4.375% Senior Secured Notes due 2030, set at 100% of par. The offering is expected to close on February 3, 2022, pending customary conditions. Proceeds will support general corporate purposes, including acquisitions and covering offering fees. The notes will be offered to qualified institutional buyers under Rule 144A and outside the U.S. under Regulation S. These notes are unregistered and may not be sold in the U.S. without registration or exemption.
Aspen Insurance Holdings Limited has entered a new partnership with Ryan Specialty Group, expanding its participation in Ryan's international Managing General Underwriting (MGU) portfolio. Effective January 1, 2022, Aspen will join seven additional programs, enhancing its underwriting capabilities across multiple platforms and geographies, including three in the U.S. and four in Europe. This collaboration aims to leverage Aspen's insurance, reinsurance, and capital markets expertise, ultimately providing innovative risk transfer solutions.
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