RYAN•Ryan Specialty reported third-quarter revenue of $790 million, up 4.7%, and raised its 2026 adjusted EBITDAC margin outlook to a roughly 50-basis-point decline while maintaining its full-year organic growth outlook toward the higher end of its mid-single-digit range.
Ryan Specialty’s third-quarter earnings call on October 29 included Patrick G. Ryan, Timothy W. Turner, Janice Marie Hamilton and Miles Wuller. Revenue rose 4.7% to $790 million, with organic growth of 4%. Management maintained its full-year organic revenue growth outlook toward the higher end of its mid-single-digit range and raised its 2026 adjusted EBITDAC margin outlook to a roughly 50-basis-point decline. Property pricing declines are expected to persist into 2027, while casualty competition has broadened into some higher-hazard classes.
