Insurance Industry Predicted To Grow In 2022, Report Says

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By Ben Zigterman (November 19, 2021, 3:16 PM EST) — While the insurance industry is poised for a strong 2022, according to a new report from Deloitte, insurance executives remained concerned about new coronavirus variants and inflation.

The industry also continues to face risks from climate change and from the various ways technology is reshaping the industry, according to the report released Wednesday by the Deloitte Center for Financial Services, which surveyed 424 senior insurance executives.

The industry “appears poised for significant growth and a much stronger financial performance in 2022,” the report said. “Yet our global survey shows that multiple challenges remain for leaders in finance, talent, technology and marketing…

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