Ryan Specialty Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt - Additional Information (Details)

Debt - Additional Information (Details) - USD ($) $ in Thousands								12 Months Ended
	Sep. 13, 2024	Jul. 31, 2024	Jul. 30, 2024	Jul. 29, 2024	Jan. 19, 2024	Jan. 18, 2024	Feb. 03, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 09, 2024	Sep. 19, 2024
Debt Instrument [Line Items]
Unamortized discounts and debt issuance costs, including discount								$ 55,188
Amortization of debt issuance costs								$ 23,930	$ 12,172	$ 12,054
Mandatory redemption, period								15 years
Interest, net								$ 136,953	128,380	$ 88,504
Mandatorily Redeemable Preferred Stock
Debt Instrument [Line Items]
Accrued interest, current								100	1,900
Acquisition cost and fair value of units								$ 3,300
Implicit rate								9.80%
Interest, net								$ 2,100
Senior Secured Notes Due February 2030 \| Senior Secured Notes
Debt Instrument [Line Items]
Original principal							$ 400,000
Accrued interest, current								7,300	7,300
Unamortized debt issuance expense								$ 5,600	6,600
Debt instrument, term								8 years
Senior Secured Notes Due August 2032 \| Senior Secured Notes
Debt Instrument [Line Items]
Debt face amount											$ 600,000	$ 600,000
Accrued interest, current								$ 20,000
Unamortized discounts and debt issuance costs, including discount								$ 21,800
Debt instrument, face amount, percentage											99.50%
Debt instrument, term								8 years
Secured Debt \| Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Original principal								$ 1,650,000
Principal outstanding								1,700,000	1,596,400
Accrued interest, current								300	1,100
Unamortized debt issuance expense								$ 27,800	$ 32,800
Debt instrument, term								7 years
Secured Debt \| Credit Agreement Seventh Amendment \| Line of Credit
Debt Instrument [Line Items]
Debt face amount								$ 1,700,000
Basis spread on variable rate	2.25%
Deferred debt issuance cost, writeoff								8,300
Repricing fees								16,200
Variable rate, floor	0.00%
Deferred issuance cost	$ 11,100
Secured Debt \| Credit Agreement Fifth Amendment \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate					2.75%	3.00%
Deferred debt issuance cost, writeoff								400
Repricing fees								$ 1,900
Variable rate, floor					0.75%
Revolving Credit Facility \| Credit Agreement \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate			2.50%	3.00%				2.50%	3.00%
Deferred debt issuance cost, writeoff								$ 100
Deferred issuance cost								9,600	$ 4,100
Debt issuance costs, gross			$ 7,900
Borrowing capacity			$ 1,400,000	$ 600,000				1,400,000	600,000
Commitments available to be borrowed								1,399,700	599,700
Reduction on revolving credit facility from undrawn letter of credit								300	300
Unpaid commitment fees								$ 1,200	$ 400
Debt instrument, term								5 years
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage								0.25%
Revolving Credit Facility \| Credit Agreement \| Line of Credit \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage								0.50%
Bridge Loan \| Bridge Facility \| Line of Credit
Debt Instrument [Line Items]
Borrowing capacity		$ 500,000
Debt instrument, term		364 days
Amortization of debt issuance costs								$ 4,100