Ryan Specialty

In Q3, inorganic growth added over four percentage points to the brokerage’s top line, as multiples remain “pretty consistent”.

The Inside P&C news team runs you through the earnings results for the day.

Anthony Kuczinski has over 38 years of (re)insurance experience, including 15 years as president and CEO of Munich Reinsurance US Holdings.

The medical stop-loss MGU produces annual revenue of around $25mn.

Rate declines have not been as pronounced in private D&O, though competition is increasing.

Guerville has worked at Ryan Specialty for nearly seven years in various positions, including actuarial director, director of underwriting and deputy CUO.

Additionally, the recent takeovers of medical stop-loss firms Ace Benefit and Point6 accounted for an aggregate cash consideration of $46.8mn.

The company has yet to see the standard market meaningfully impact rate or flow in the aggregate.

The Inside P&C news team runs you through the earnings results for the day.

The pair will retain their leadership roles for MGUs WKFC, CorRisk and AgRisk.

Onex reduced its position in the wholesaler by almost two-thirds to nearly 3.7% from around 11.3%, while president Tim Turner sold ~700,000 of his nearly 4.9 million shares.

Founded in 1997, Socius provides management, professional and cyber liability and P&C insurance.