Ryan Specialty Holdings Inc at Goldman Sachs US Financial Services Conference Transcript

Dec 06, 2022 / 08:40PM GMT
Robert Cox - Goldman Sachs Group, Inc., Research Division - Research Analyst

All right. I think we'll get started. So it's my pleasure to welcome the Ryan Specialty leadership team, including Pat Ryan, CEO; Jeremiah Bickham, CFO; Miles Wuller, CEO of Ryan Specialty Underwriting Managers and Tim Turner, President. So for those of you who may be not as familiar with the story, Ryan is a unique wholesale broker that has delivered double-digit organic growth for many years and is a leader in the excess and surplus lines market.

So with that, I'd like to hand it over to Pat for some opening remarks about the business.

Patrick G. Ryan - Ryan Specialty Holdings, Inc. - Chairman & CEO

Thanks, Rob. So, we felt we had a solid third quarter with 13.7% organic revenue growth and the vital signs of the E&S market are really strong. Rates are hardening, continuing to harden and in most lines particularly in property and you all have read a lot about what's expected with the property lines with [1/1] renewals, reinsurance renewals was going to be a real

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