Truist kicks off Q1 reporting with 4.7% organic growth

April 20, 2023

Truist Insurance Holdings opened Q1 reporting with a dip in organic growth. The broker posted Q1 organic growth of 4.7%, falling from 5.6% in Q4 and the third consecutive quarter of organic growth slowdown.

Year on year, growth dropped by 2.5 percentage points.

The broker said the slowdown was due to carrier capacity constraints and slower growth in wholesale.

Truist

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