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

Quarterly report pursuant to Section 13 or 15(d)

Receivables and Current Assets (Tables)

Receivables and Current Assets (Tables)

6 Months Ended

Jun. 30, 2022

Receivables And Current Assets [Abstract]

Summary of Company's Allowance for Expected Credit Losses

The following table provides a rollforward of the Company’s allowance for expected credit losses:


		Three Months Ended June 30,								Six Months Ended June 30,
		2022				2021				2022				2021
Beginning of period		$	2,503			$	2,921			$	2,508			$	2,916
Write-offs			(465	)			(1,224	)			(520	)			(1,553	)
Increase in provision			449				1,237				499				1,571
End of period		$	2,487			$	2,934			$	2,487			$	2,934

Summary of Major Classes of Other Current Assets

Major classes of other current assets consist of the following:


		June 30, 2022				December 31, 2021
Prepaid expenses		$	14,047			$	13,434
Service receivables(1)			669				644
Other current receivables			3,590				1,804
Total other current assets		$	18,306			$	15,882

(1)

Service receivables contain receivables from Geneva Re, Ltd. Further information regarding related parties is detailed in Note 18, Related Parties.