STOCK TITAN

Ryan Specialty Holdings, Inc. - RYAN STOCK NEWS

Welcome to our dedicated page for Ryan Specialty Holdings news (Ticker: RYAN), a resource for investors and traders seeking the latest updates and insights on Ryan Specialty Holdings stock.

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.

Rhea-AI Summary

Ryan Specialty Holdings, a leading international specialty insurance firm, will release its Second Quarter 2024 financial results after market close on August 1, 2024.

A conference call to discuss these results is scheduled for 5:00 PM ET on the same day. The call will be webcast live on the company's investor relations website. For those unable to join the live call, a webcast replay will be available for one year.

Investors can dial in using toll-free and international numbers to join the conference call.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
-
Rhea-AI Summary

Ryan Specialty (NYSE: RYAN) has announced executive leadership promotions at its RT Specialty division, effective October 1, 2024. Edward F. McCormack will become CEO of RT Specialty, succeeding from his role as President. Brenda Austenfeld and Michael VanAcker will be appointed Co-Presidents, with Brenda continuing as CEO and President of RT National Property. These changes follow a broader leadership succession plan, with Patrick G. Ryan transitioning to Executive Chairman and Timothy W. Turner becoming CEO of Ryan Specialty. The new executive team aims to continue the firm's growth and deliver exceptional service.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
-
Rhea-AI Summary

Ryan Specialty Holdings (NYSE: RYAN) has announced a leadership succession plan to take effect on October 1, 2024. Founder, Chairman, and CEO Pat Ryan will transition to Executive Chairman, while Tim Turner, President of Ryan Specialty and Chairman and CEO of RT Specialty, will become the new CEO. Jeremiah Bickham, currently CFO, will be appointed President, and Janice Hamilton, Chief Accounting Officer, will take over as CFO. This transition aims to leverage the extensive industry experience of the new leaders. Turner has over 37 years in insurance, Bickham has been with the company since 2011 in various roles, and Hamilton brings over 20 years of industry experience, including her role at AmTrust International. The Board of Directors believes this succession plan will ensure continued growth and value for shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
none
Rhea-AI Summary

Ryan Specialty Holdings, a leading international specialty insurance firm, announced its participation in the William Blair Growth Stock Conference. The event will take place on June 5, 2024, at 5:40 PM ET.

Key executives, 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 present. The presentation can be accessed live via a link on Ryan Specialty’s website, with a replay available for 90 days.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
conferences
-
Rhea-AI Summary

Ryan Specialty Holdings, Inc. reported a strong first quarter in 2024 with total revenue growing 20.6% year-over-year to $552.0 million, net income of $40.7 million, and adjusted EBITDAC increasing 25.8% to $157.2 million. The company had exceptional performance with double-digit organic growth and improvements in margin profile. With a positive outlook for 2024, Ryan Specialty is focused on sustainable and profitable growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
-
Rhea-AI Summary

Ryan Specialty, a leading international specialty insurance firm, has completed the acquisition of Castel Underwriting Agencies , a Managing General Underwriting platform. Castel brings new products and facilities, expanding offerings to clients and trading partners. The enhanced leadership team will accelerate de novo formations in the region.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.24%
Tags
Rhea-AI Summary
Ryan Specialty Holdings, Inc. (NYSE: RYAN) will release its First Quarter 2024 financial results on May 2, 2024. A conference call will follow to discuss the results, with a live webcast available on the investor relations website. Dial-in and webcast replay details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
-
Rhea-AI Summary
Ryan Specialty Holdings, Inc. (NYSE: RYAN) reported strong financial results for the fourth quarter of 2023, with total revenue growing 22.5% year-over-year to $532.9 million and net income increasing by 27.8% to $58.5 million. The company also announced a quarterly cash dividend program to return capital to investors. Organic revenue growth rate stood at 16.0% year-over-year, highlighting the company's successful M&A strategy and growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.45%
Tags
dividends earnings
-
Rhea-AI Summary
Aclaimant appoints Kathy Burns as new CEO to lead the transformation of risk management with innovative RMIS solutions, aiming to empower businesses with better data and decision-making capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
management
Rhea-AI Summary
Ryan Specialty Holdings, Inc. (RYAN) has successfully repriced its $1.65 billion term loan debt, reducing its annual cash interest expense by approximately $5.6 million. The repriced Term Loan now bears an interest rate of SOFR plus 2.75%, an improvement of 25 basis points from the prior Term Loan, and no longer contains a Credit Spread Adjustment. The maturity date of September 2027 and other material provisions remain unchanged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
Tags
none

FAQ

What does Ryan Specialty Holdings, Inc. do?

Ryan Specialty Holdings provides specialized insurance services including wholesale brokerage, underwriting management, and risk management solutions.

Who founded Ryan Specialty Holdings?

Ryan Specialty Holdings was founded by Mr. Patrick G. Ryan, the retired chairman and CEO of Aon Corporation.

What types of services does Ryan Specialty Holdings offer?

The company offers distribution, underwriting, product development, administration, and risk management services.

Who are the primary clients of Ryan Specialty Holdings?

The primary clients include insurance brokers, agents, and carriers who require specialized insurance solutions.

What is unique about Ryan Specialty Holdings?

The company focuses on hard-to-place risks, offering sophisticated insurance and risk management solutions.

Where can I find more information about Ryan Specialty Holdings?

More information can be found on their website at www.ryansg.com or by calling 855-201-2000.

What recent achievements has Ryan Specialty Holdings accomplished?

Recent achievements include strategic partnerships and product innovations to enhance service offerings.

What is the mission of Ryan Specialty Holdings?

The mission is to deliver measurable value through expertise in specialized insurance solutions and risk management.

How does Ryan Specialty Holdings maintain its financial health?

The company maintains a robust financial position through strategic initiatives and effective risk management.

What is the significance of Ryan Specialty Holdings in the insurance industry?

Ryan Specialty Holdings plays a vital role by providing solutions for hard-to-place risks and offering top-notch insurance services.

Ryan Specialty Holdings, Inc.

NYSE:RYAN

RYAN Rankings

RYAN Stock Data

6.78B
119.06M
15.22%
85.8%
5.82%
Insurance Agencies and Brokerages
Finance and Insurance
Link
United States of America
CHICAGO