Despite second-half 2017 disaster claims from hurricanes and wildfires, U.S. property-catastrophe insurers appear to be cautiously optimistic at the start of 2018. And while life insurance and annuities face the potential impact of new fiduciary standards on the sale of retirement-related products set by the U.S. Department of Labor, many have made substantial changes in their business model to accommodate the anticipated regulations. Gary Shaw, vice chairman and U.S. insurance leader, Deloitte & Touche LLP, and Jim Eckenrode, managing director, Center for Financial Services, Deloitte Services LP, discuss how M&A, digitalization and other trends may influence the insurance industry as 2018 unfolds.

Source: Wall Street Journal February 22, 2018 10:52 UTC