Ryan Specialty paid $98.3mn for Ardonagh’s stop-loss MGU AccuRisk when it acquired it late last year.
The wholesale broker paid the consideration in cash, according to its 2023 10-K, filed this morning with the SEC.
Ryan Specialty paid $98.3mn to acquire MGU AccuRisk from Ardonagh
Ryan entered into a £200mn currency forward to manage the appreciation risk of the Castel deal.