Sale of 20% stake for $1.95 billion strategically positions Truist Insurance Holdings for long-term success and growth Truist maintains client service approach, strategic flexibility, and future ...

Truist Financial Corp.’s plan to sell its remaining stake in Truist Insurance Holdings at a valuation of $15.5 billion marks a better-than-expected price for the business, an analyst said Tuesday.

The Charlotte, North Carolina, company announced Thursday that it will sell 20% of Truist Insurance Holdings to Stone Point Capital in Greenwich, Connecticut, for $1.95 billion. The deal, which ...

Truist Insurance Holdings is the fifth-largest insurance brokerage firm in the U.S. with roughly 10,000 employees across the country. A Truist spokesperson declined to say how many of those ...

Truist Insurance Holdings says it’s the seventh-largest insurance broker in the world. The stake sale in February, which included money from Emirati sovereign fund Mubadala, valued it at $14.5 ...

Truist Financial will sell its remaining stake in Truist Insurance Holdings, valued at $15.5 billion, to a group of private-equity firms, the bank announced Tuesday. Stone Point Capital and ...

The transaction will add over $3 billion in loans to Truist Insurance Holdings' premium finance business—which also includes CAFO Inc., its Canadian operation—while broadening its business ...

Rogers said. "By selling [Truist Insurance Holdings], we'll have capital capacity to play more offense. … In addition, our significantly stronger balance sheet will be positioned to weather an even ...

Truist Financial Corp. completed Tuesday the selling of the remaining 80% of its ownership of its Truist Insurance Holdings subsidiary. The buyer is an investor group led by private-equity firms ...

Truist (NYSE: TFC) announced on Feb. 16 that it was selling a 20% stake in Truist Insurance Holdings Inc., the sixth-largest insurance brokerage in the U.S., for $1.95 billion to Stone Point.

Truist Financial Corp. is selling its stake in Truist Insurance Holdings, a subsidiary of Truist and the fifth largest insurance brokerage in the U.S., for $15.5 billion, the Charlotte-based bank ...

Truist Insurance Holdings Inc. has moved its uptown Charlotte headquarters from Truist Center. Commercial real estate insiders on Charlotte area's trends, challenges NASCAR confirms move of ...