Ryan Specialty Holdings Inc (NYSE:RYAN)
$ 70 0.26 (0.37%) Market Cap: 8.42 Bil Enterprise Value: 9.92 Bil PE Ratio: 108.97 PB Ratio: 13.74 GF Score: 51/100

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

Dec 06, 2022 / 08:40PM GMT
Release Date Price: $41.09 (-1.32%)
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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