The property and casualty industry at a glance in Q1 2021. (Verisk and APCIA) The property and casualty industry at a glance in Q1 2021. (Verisk and APCIA)

According to a new report from Verisk and the American Property Casualty Insurance Association (APCIA), U.S. private property and casualty (P&C) insurers experienced growth in net income after taxes in the first quarter of 2021 when compared to the same period in 2020. However, insurers' combined ratio, which is a key measure of underwriting profitability, worsened.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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