Truist completes sale of remaining stake in insurance brokerage TIH

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Reinsurance News - May 07, 2024

Truist Financial Corporation has completed the sale of its remaining stake in Truist Insurance Holdings (TIH), the fifth largest insurance brokerage in the US, to an investor group led by private equity firms Stone Point Capital, Clayton, Dubilier & Rice, Mubadala Investment Company and other co...

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