How US Economic Policies Championed by President Trump and a Republican Congress Might Affect the Insurance Industry

The election of Donald Trump will likely considerably modify the economic environment for insurance companies. This article aims to describe the changes that have been proposed by the president and the Republican Congress in various areas – health insurance, regulation, individual and corporate taxation, international trade and customs duties, financial counseling services for retirement, and so on – and to deduce the probable consequences for the American insurance industry. However, the scope of the reforms and the extent of their actual implementation will depend on the relationships of forces that exist within the Republican and Democratic parties themselves.