Ryan Specialty Acquires Stewart Specialty Risk Underwriting Limited for $35.9M

Deal Summary

B.P. Marsh & Partners completed the sale of its subsidiary Stewart Specialty Risk Underwriting Limited to Ryan Specialty for £28.3 million (≈ $35.9 million), achieving an IRR of 89.9% as part of its 2026 financial results. The transaction was disclosed in B.P. Marsh’s latest NAV report, highlighting the firm’s strategic portfolio reshaping.