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0 7.31154492943694E-05 -0.000804269942238895 -0.00248592527601085 0.0013160780872999 0.00270527162389416 0.00475250420413838 0.00475250420413838
Stock impact report

Ryan Specialty finalises purchase of Velocity Risk Underwriters [Yahoo! Finance]

Ryan Specialty Group Holdings, Inc. Class A (RYAN) 
Company Research Source: Yahoo! Finance
Credit: Shutterstock. · Life Insurance International · Shutterstock. GlobalData Tue, February 4, 2025 at 4:48 PM GMT+1 1 min read In This Article RYAN Ryan Specialty, an international specialist insurance company, has concluded a deal to buy Velocity Risk Underwriters from funds managed by Oaktree Capital Management. Velocity is a managing general underwriter that offers first-party insurance coverage for properties at risk of catastrophes. The Nashville, Tennessee, US-headquartered company will join the Ryan Specialty Underwriting Managers division within Ryan Specialty. The acquisition was first announced on 7 January 2025. Established in 2015, Velocity specialises in US property catastrophe risks, offering coverage that is often difficult to obtain for perils such as named storms, earthquakes, tornadoes and hail. The company primarily focuses on serving middle-market and small to medium-sized commercial businesses. Velocity has a national presence, wit Show less Read more
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