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The majority of U.S. insurers are bullish about their second-half prospects, with many boosting investments in digital infrastructure to enable even faster growth into 2022 and beyond, according to a Deloitte survey of some of the industry's top financial executives.
Even though COVID-19 remains a serious threat as U.S. vaccination rates slow and new variants emerge, over half of the 100 respondents surveyed for Deloitte's "Midyear 2021 U.S. Insurance Outlook" anticipate both higher revenues and an improved bottom line for 2021 as pandemic restrictions ease, more people return to work, and businesses reopen to full capacity (see Figures 1 and 2 above).
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