{"id":1715,"date":"2025-09-08T09:30:12","date_gmt":"2025-09-08T09:30:12","guid":{"rendered":"http:\/\/nerdalertcreative.com\/?p=1715"},"modified":"2025-09-08T11:38:51","modified_gmt":"2025-09-08T11:38:51","slug":"ryan-specialty-establishes-new-collateralised-reinsurance-vehicle","status":"publish","type":"post","link":"http:\/\/nerdalertcreative.com\/index.php\/2025\/09\/08\/ryan-specialty-establishes-new-collateralised-reinsurance-vehicle\/","title":{"rendered":"Ryan Specialty establishes new collateralised reinsurance vehicle"},"content":{"rendered":"

Ryan Specialty, an international specialty insurance firm, has launched a new collateralised reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC Re), to expand capacity within Ryan Specialty Underwriting Managers\u2019 (RSUM) portfolio of syndicated delegated authority property and casualty (P&C) insurance business.<\/p>\n

\"RyanRAC Re will provide RSUM with an anticipated $900 million in multi-year premium capacity and has been launched through a strategic trading relationship with global specialty re\/insurer, AXIS Capital.<\/p>\n

AXIS will support the transaction via its Lloyd\u2019s of London syndicate 1686.<\/p>\n

RAC Re raised approximately $400 million in committed capital from funds managed by Flexpoint Ford, LLC (Flexpoint) and Sixth Street.<\/p>\n

The new flagship sidecar will provide reinsurance capital on a risk-attaching basis over a multi-year period to support the growth potential of RSUM\u2019s delegated platform.<\/p>\n

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Miles Wuller, Chief Executive Officer, RSUM, commented, \u201cWe believe this sidecar\u2019s unique scope makes it the first of its kind in the re\/insurance marketplace. RAC Re is a multi-year, multi-class P&C vehicle that provides capacity for specialty cat and non-cat property and casualty risks across our diverse, largely non-correlated portfolio of MGAs.<\/p>\n

\u201cThis vehicle marks a significant opportunity for RSUM to accelerate solution delivery to the industry and rapidly respond to future market dislocation. We are excited to launch this opportunity in collaboration with AXIS and with the support of Flexpoint and Sixth Street, both exceptional insurance investors with long track records in the specialty ecosystem.<\/p>\n

\u201cAXIS has been a committed ally to the thought leadership and innovation that brought this transaction to life. Further, we appreciate Lloyd\u2019s of London\u2019s constructive support of AXIS, the transaction structure, and welcoming our entire syndicated portfolio to the London market.\u201d<\/p>\n

Daniel Draper, Group Chief Underwriting Officer, AXIS, added, \u201cThrough this collaboration, we are advancing our specialty leadership ambition while expanding our reach into highly targeted markets. We worked closely with Ryan Specialty to carefully select an attractive portfolio of specialty MGAs that fit our risk reward parameters and align with our delegated underwriting strategy and partnership criteria.<\/p>\n

\u201cThis relationship reflects the progress AXIS had made in expanding our ability to drive profitable growth with our trading partners, delivered responsibly and sustainably, with established controls to ensure underwriting discipline and careful risk selection.\u201d<\/p>\n

Danny Arnett, Managing Director, RSUM Alternative Capital, stated, \u201cWe are pleased to launch this pioneering transaction that includes cat and casualty combined in a single ILS structure. This undertaking is a testament to the strength, quality, and diversity of the RSUM platform.<\/p>\n

\u201cWe are proud to collaborate with AXIS Flexpoint, and Sixth Street and expect that we will be able to replicate many times over this innovative capital solution now that we have successfully proven its viability as an executable transaction.\u201d<\/p>\n

Deutsche Bank Securities acted as the sole structuring and placement agent for this transaction, and was led by Deutsche Bank\u2019s FIG & Insurance Solutions business which structures and arranges capital and financing trades.<\/p>\n

Sidley Austin LLP and Conyers, Dill and Pearman were the legal counsel to Ryan Specialty while, Mayer Brown LLP was the legal counsel to Flexpoint and Sixth Street.<\/p>\n

The post Ryan Specialty establishes new collateralised reinsurance vehicle<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ryan Specialty, an international specialty insurance firm, has launched a new collateralised reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC […]<\/p>\n","protected":false},"author":1,"featured_media":1717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reinsurance"],"_links":{"self":[{"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/posts\/1715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/comments?post=1715"}],"version-history":[{"count":3,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/posts\/1715\/revisions"}],"predecessor-version":[{"id":1719,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/posts\/1715\/revisions\/1719"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/media\/1717"}],"wp:attachment":[{"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/media?parent=1715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/categories?post=1715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/nerdalertcreative.com\/index.php\/wp-json\/wp\/v2\/tags?post=1715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}