TIH organic growth slows to 6.3% as Truist parent remains coy on divestment

Truist chairman and CEO Bill Rogers declined to comment on reports that the bank is set to fully divest of its insurance operations, but said the sale of 20 percent of the business to Stone Point and independence readiness work that will cost $55mn this year has provided “financial and strategic flexibility”.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com