Driving Growth and Control
Gary Dombowsky, CEO of Malibu Life, underscored that the acquisition would provide “greater control over pricing, product design, and investment performance,” enabling the company to craft solutions that meet growing demand for secure retirement income options.
Jefferies International Ltd. is serving as the financial adviser to Malibu Life. Legal counsel for the transaction has not yet been disclosed.
Regulatory Path and Timeline
The transaction remains subject to regulatory approval, with Malibu Life anticipating completion in early 2026. The company did not specify which authorities are overseeing the approval process.
The acquisition marks another aggressive move by Loeb’s financial empire. In September, his hedge fund Third Point Investors Ltd. acquired Malibu Life Reinsurance SPC, later rebranding it as Malibu Life Holdings Ltd. — a deal that faced resistance from some shareholders but ultimately pushed forward.
Malibu Life’s Expanding Vision
The acquisition of TruSpire represents a turning point for Malibu Life, signaling its long-term commitment to penetrating the U.S. life and annuity market — a sector experiencing surging demand amid growing retirement concerns.
With its strategic entry into the American insurance ecosystem, Malibu Life is not just purchasing a company — it’s buying a launchpad for expansion, innovation, and influence across one of the world’s most competitive financial landscapes.
