US giant Truist to sell insurance brokerage business in $15.5bn deal

Truist Financial Corporation has reached an agreement to sell its remaining stake in Truist Insurance Holdings (TIH) to an investor group led by Stone Point Capital and Clayton, Dubilier & Rice (CD&R) and Mubadala Investment Company, for a valuation of $15.5 billion of 18x times its 2023 core EBITDA.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

The great reshuffle: people moves that jolted re/insurance in 2025

24 December 2025 From London to Bermuda, the market watched exits jolt the industry, teams reshuffle and others fall into place with far less fanfare.

Insurance

Inside 2025’s Talent War: producers, poachers and brokerages lawyer up

22 December 2025 Brokerage complaints spin tawdry tales to frame defections as low-rent theft & espionage.

Insurance

Cyber rates to fall again as growth prospects remain ‘constrained’

19 December 2025 Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.