This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - January 07, 2025 12:40 PM (EST)

Ryan Specialty to Acquire US Catastrophe MGU Velocity Risk Underwriters

Ryan Specialty has agreed to the acquisition of managing general underwriter Velocity Risk Underwriters LLC from funds managed by Oaktree Capital Management L.P. for a $525 million upfront cash . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Mergers And Acquisitions Duae (Delegated Underwriting Authority Enterprises) Insurance Underwriting Catastrophes Excess And Surplus Lines Insurance

Reprints & Redistribution

Latest News

PEOPLE IN INSURANCE
USAA Tabs Former Everest Group President-CEO as Chief Executive
Jan 08, 2025 05:30 PM (EST)

CALIFORNIA
Out-of-Control Los Angeles Wildfire Likely to Be Costliest Ever, Says California Scientist
Jan 08, 2025 04:31 PM (EST)

LIFE INSURANCE
LIMRA: Life Insurance Premium to Reach Record in 2024, Will Keep Growing in 2025
Jan 08, 2025 04:12 PM (EST)

WORKERS' COMPENSATION INSURANCE
Virginia Bill Would Expand Definition of Occupational Diseases, Injuries for Workers’ Comp
Jan 08, 2025 03:27 PM (EST)

LIFE AND ANNUITY INSURERS
Northwestern Mutual, Investment Firm Sixth Street, Announce Strategic Partnership
Jan 08, 2025 03:19 PM (EST)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

PROGRAM BUSINESS
University of South Carolina Professor: 'Tort Tax' Costing US Households $3,600 Annually
Jan 06, 2025 11:39 AM (EST)

3

BEST'S CREDIT RATING ACTION
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Sutton National Group’s Members
Jan 07, 2025 11:03 AM (EST)

4

RENEWAL
Guy Carpenter: Property Catastrophe Rates on Line Fell at Jan. 1 Renewals
Jan 06, 2025 01:55 PM (EST)

5

MERGERS AND ACQUISITIONS
Ryan Specialty to Acquire US Catastrophe MGU Velocity Risk Underwriters
Jan 07, 2025 12:39 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

TERRORISM
Terrorism Insurance Can Prove Murky in the United States, Crux Underwriting Chief Says
Jan 02, 2025 04:50 PM (EST)

3

MERGERS AND ACQUISITIONS
Sentry Closes $1.7 Billion The General Acquisition, Increases Workforce Nearly 21%
Jan 02, 2025 12:17 PM (EST)

4

CATASTROPHES
Airline: Samsung, Axa XL Provided Cover for Crashed South Korean Jet
Dec 31, 2024 02:29 PM (EST)

5

POLICY LIMITS
New Year Ushers in Higher Minimum Auto Liability Limits in Four States
Jan 03, 2025 04:20 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

3

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Progressive Corporation and Its Subsidiaries
Mar 06, 2024 09:30 AM (EST)

4

A.M. Best Affirms Ratings of USAA, Its Subsidiaries and USAA Capital Corporation
Dec 21, 2011 09:44 AM (EST)

5

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Auto-Owners Insurance Company and Subsidiaries
Dec 02, 2022 10:48 AM (EST)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
041001	Ryan Specialty Underwriting Mgrs Intl

PEOPLE IN INSURANCE
Ryan Specialty Underwriting Names Chief Retail Distribution Officer
Dec 19, 2024 11:17 AM (EST)

PEOPLE IN INSURANCE
Ryan Specialty Names Executive Chairman and CEO for RSUM International
Dec 02, 2024 03:22 PM (EST)

PEOPLE IN INSURANCE
Three Join Ryan Specialty's International Leadership Team
Oct 15, 2024 03:40 PM (EDT)

BEST'S PERFORMANCE ASSESSMENT
AM Best Revises Performance Assessment Outlook to Positive for Ryan Specialty Underwriting Managers International Limited and Ryan Specialty Netherlands B.V.
Sep 06, 2024 12:00 PM (EDT)

PEOPLE IN INSURANCE
Ryan Specialty High Net Worth Promotes Exec to President
Aug 07, 2024 03:31 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html