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Nationwide and Ryan Re pursue specialty reinsurance growth

Ryan Re CEO Emil Issavi said the specialty platform aims to expand Nationwide's presence while providing diversification, with risk management guiding growth decisions.

Reported · Written up by our desk · Reinsurance

Ryan Re CEO Emil Issavi said Nationwide and Ryan Re are targeting growth in specialty reinsurance, with risk management positioned at the center of decision-making, according to Reinsurance News.

Issavi said the specialty reinsurance platform gives Nationwide an opportunity to grow in an area where it did not previously have a presence, while also offering diversification benefits.

He added that the business can help the wider portfolio only if it is managed carefully, and emphasized balancing underwriting thoughtfulness and risk rather than treating specialty reinsurance as a simple diversifier.

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