Ryan Specialty Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($) $ in Thousands							1 Months Ended	3 Months Ended	9 Months Ended		12 Months Ended
Debt - Narrative (Details) - USD ($) $ in Thousands	Sep. 13, 2024	Jul. 31, 2024	Jul. 30, 2024	Jul. 29, 2024	Jan. 19, 2024	Jan. 18, 2024	Feb. 28, 2022	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Sep. 19, 2024
Debt Instrument [Line Items]
Deferred financing costs									$ 21,838	$ 9,125
Subject to mandatory redemption, period									15 years
Accrued return paid									$ 119,901	$ 116,620
Subsidiary Units Subject to Mandatory Redemption
Debt Instrument [Line Items]
Accrued interest								$ 100	100		$ 1,900
Historical costs of units cost and fair value of units									$ 3,300
Implicit rate									9.80%
Accrued return paid									$ 2,000
Credit Agreement \| Line of Credit \| Secured Debt
Debt Instrument [Line Items]
Original principal									1,650,000
Principal outstanding								1,700,000	1,700,000		1,596,400
Accrued interest								6,200	6,200		1,100
Unamortized deferred issuance costs								28,800	$ 28,800		$ 32,800
Debt term									7 years
Credit Agreement \| Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate			2.50%	3.00%					2.50%		3.00%
Debt issuance cost written off								100
Deferred issuance cost			$ 7,900					10,100	$ 10,100		$ 4,100
Borrowing capacity			$ 1,400,000	$ 600,000				1,400,000	1,400,000		600,000
Commitments available to be borrowed								1,399,700	1,399,700		599,700
Reduction on revolving credit facility from undrawn letter of credit									300		300
Unpaid commitment fees									$ 700		400
Debt term									5 years
Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Commitment fee on undrawn amounts									0.25%
Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Commitment fee on undrawn amounts									0.50%
Credit Agreement, Seventh Amendment \| Line of Credit \| Secured Debt
Debt Instrument [Line Items]
Debt face amount	$ 1,700,000
Basis spread on variable rate	2.25%
Debt issuance cost written off								8,300	$ 8,300
Repricing fees									16,200
Deferred issuance cost	$ 11,100
Credit Agreement, Fifth Amendment \| Line of Credit \| Secured Debt
Debt Instrument [Line Items]
Basis spread on variable rate					2.75%	3.00%
Basis spread on variable rate, floor	0.00%				0.75%
Debt issuance cost written off									400
Repricing fees									1,900
Senior Secured Notes Due February 2030 \| Senior Secured Notes
Debt Instrument [Line Items]
Original principal							$ 400,000
Accrued interest								2,900	2,900		7,300
Unamortized deferred issuance costs								5,900	$ 5,900		$ 6,600
Debt term									8 years
Senior Secured Notes Due August 2032 \| Senior Secured Notes
Debt Instrument [Line Items]
Debt face amount												$ 600,000
Accrued interest								1,200	$ 1,200
Unamortized deferred issuance costs								9,400	$ 9,400
Debt term									8 years
Bridge Facility \| Bridge Loan \| Line of Credit
Debt Instrument [Line Items]
Borrowing capacity		$ 500,000
Debt term		364 days
Deferred financing costs								$ 4,100	$ 4,100