Truist Insurance Holdings organic growth dips to 4.7% as wholesale slowdown surprises analysts

Published: Thu 20 Apr 2023

Truist Financial Corporation this morning reported slowing organic growth in its insurance platform, which houses CRC Group, McGriff and AmRisc, from 5.6 percent in Q4 2022 to 4.7 percent in the first quarter this year, citing carrier capacity constraints and slower growth in wholesale.