Ryan Specialty Holdings (RYAN) Q2 FY26 earnings call

Ryan Specialty delivered a strong Q2 FY26, with robust organic revenue growth and adjusted EPS expansion, despite significant property pricing declines and increased competition in certain casualty and binding authority segments. The company's differentiated platform, talent, and innovation, including strategic AI adoption, enabled it to outperform expectations in key areas like property and transactional liability. Management remains focused on disciplined capital allocation and operational efficiencies to drive future growth and modest margin expansion.