RSG reveals strong growth in IPO filingRyan Specialty Group (RSG) has taken a major step forward in its planned initial public offering on the New York Stock Exchange after the Pat Ryan-led wholesale giant filed an S-1 that revealed strong top and bottom line growth.
RSG expand European team with Eversheds’ SchienerRyan Specialty Group has continued to expand the underwriting capabilities of its European division, RSG Transactional Risks Europe (RSG TRE), with the hire of Ulrich Schiener.
RSGUM energy specialist Global Special Risks names long-serving Tarr directorRyan Specialty Group’s Global Special Risks has shuffled its management and made a host of promotions, with Helen Tarr named director of the upstream energy-focused managing general underwriter.
S&P: IPO would improve Ryan Specialty Group’s financial leverageA successful initial public offering by Ryan Specialty Group could reduce the wholesale giant’s adjusted financial leverage, said S&P as it put the firm’s B ratings on CreditWatch with positive implications.
RSG names Issavi CEO of Ryan ReRyan Specialty Group (RSG) has announced a new formalised leadership structure for Ryan Re Underwriting Managers, with Brian Boornazian becoming executive chairman and Emil Issavi taking over his previous roles as CEO and president.
Turner named RSG president among series of leadership appointmentsRyan Specialty Group (RSG) has announced an expanded and revised executive leadership team that includes Timothy Turner being named president of the company.
Palomar expands into larger limit builder’s risk with RSG trading agreementCalifornia-based specialty insurer Palomar Holdings has announced a trading agreement with Technical Risk Underwriters, an MGU subsidiary of Ryan Specialty Group that specialises in underwriting products for complex construction projects.
RSG hires E&S and specialty heavyweight ClarkRyan Specialty Group (RSG) has appointed former Nationwide E&S and specialty insurance executive Tom Clark as executive vice president.
Ryan Specialty Group launches benefits unit with Zern hireRyan Specialty Group (RSG) has launched a new employee benefits division that will be led by John Zern, formerly with Aon.
Renewable MGA PERse partners with Generali for international expansionRenewables specialist Power Energy Risk (PERse) has partnered with Generali’s Global Corporate & Commercial UK (GC&C UK) arm as the Ryan Specialty Group-owned MGU secures a consortium of capital providers to support its expansion outside of its stronghold in North America.
RSG consolidates MGUs Trident and GSRRSG Underwriting Managers (RSGUM) has consolidated its Trident Marine Managers and Global Special Risks (GSR) units and launched a marine and traditional energy division.
Excluding risks in response to pandemics “is not the solution”: RyanRyan Specialty Group chairman and CEO Pat Ryan has urged the industry to partner with the government to take on more risks in areas such as pandemics and flood, rather than looking to exclude them.
Wuller promoted to EVP at RSG Underwriting ManagersMiles Wuller has been named executive vice president of RSG Underwriting Managers.
Johnson named Smith’s successor as president of RT BindingRT Specialty has announced that Seth Johnson will become president of RT Binding Authority at the start of 2021, succeeding Scott Smith, who had previously announced he would retire.
R-T Specialty hires CRC’s Johnston to set up Birmingham officeSenior property broker Mason Johnston has joined R-T Specialty to establish and be president of its Birmingham, Alabama office.
Onex adds $110mn to RSG investment to support All Risks acquisitionConvex-backer Onex Corporation has put an additional $110mn in Ryan Specialty Group to support its just-closed strategic acquisition of rival wholesale broker and managed underwriting platform All Risks.
RSG closes All Risks acquisitionWholesale brokerage and managed underwriting firms Ryan Specialty Group (RSG) and All Risks have completed their merger, creating an entity that is projected to handle nearly $15bn in premium during 2020.
Smith to retire from R-T SpecialtyScott Smith has announced he intends to retire from R-T Specialty at the end of the year, after being at the wholesale broker since 2013 when his company was acquired.
Ryan Specialty to fund All Risks deal out of new $2bn credit facility and loanMoody’s has assigned B1 ratings to Ryan Specialty Group’s (RSG) new $300mn five-year senior secured credit facility and $1.65bn seven-year secured term loan which will be used to fund its purchase of rival wholesaler All Risks and repay existing debt.
RSG adds Gay to London team in European build outRyan Specialty Group has continued to expand the underwriting capabilities of its European division, RSG Transactional Risks Europe (RSG TRE), with the hire of Will Gay.