Ryan secures "direct access to Lloyd's" with acquisition

lloyds1

Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.

Johnny Rowell, managing director of Ryan Specialty Group, responsible for Europe, said: “The Jubilee team has a strong track record of delivering results over a number of underwriting cycles. We look forward to Jubilee’s addition to the RSG family of companies and also to its role as a significant contributor in our effort to introduce and support new products and programmes in the London and European markets in a meaningful way.”

Patrick Ryan, chairman, and chief executive, added, “Jubilee is a strategically important acquisition for RSG. It provides us with direct access to the Lloyd’s market and represents a key cornerstone of our strategy to provide specialty expertise and commitment to insurance underwriters, brokers and agents across a single, unique platform.”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Top 50 Reinsurers of 2024 revealed

Munich Re and Swiss Re remain at the top of Insurance Post’s Top 50 Reinsurers 2024 list, despite Christopher Pennings, financial analyst at AM Best, observing the rankings have been shaken up by a shift in accounting requirements.

Big Interview: Paul Brand, Convex

Paul Brand, group CEO of Convex, sits down with Harry Curtis to discuss the insurer and reinsurer’s plans to hit and surpass $5bn GWP, the difficulties of technology adoption, and why he thinks current market conditions are “brittle”.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here